Plano, TX—75074
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Plano, TX
As of Oct '25, the median home price in Plano, TX is $367,000, with a year-over-year change of -5.3%. This indicates that home prices in Plano, TX are decreasing. According to Zillow, the 1-year price projection is -1.1%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $367,000 | -5.3% |
| Single Family | $372,000 | -5.3% |
| Condos | $194,000 | -9.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $252,000 | -6.7% |
3 Bed | $345,000 | -5.5% |
4 Bed | $481,000 | -4.0% |
| 5 Bed | $655,000 | -2.4% |
% of Housing Stock
Rental Trends — Plano, TX
As of July '25, Rentcast reports the average rent in Plano, TX is $1,800, with a year-over-year rent change of -9.1%. Per bedroom, the median rent as of July '25 in Plano, TX is studios: $1,470, 1-bedrooms: $1,370, 2-bedrooms: $1,780, 3-bedrooms: $2,320, 4-bedrooms: $2,950. The most common rental property sizes in Plano, TX are 2-bedroom and 1-bedroom, accounting for 34.4% and 25.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,690 | $1,800 |
| Studio Rent | $1,500 | $1,470 |
| 1 Bed Rent | $1,300 | $1,370 |
| 2 Bed Rent | $1,730 | $1,780 |
| 3 Bed Rent | $2,250 | $2,320 |
| 4 Bed Rent | $2,850 | $2,950 |
% of Rental Stock
Property Listings — Plano, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Plano, TX is 59. This is a increase of 29.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 41.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $439,000 | -8.0% |
Listing Count | 156 | 10.0% |
| Listings as % of Homes | 0.4% | 10.0% |
Days on Market | 59 | 29.0% |
Demographics — Plano, TX
As of the latest ACS Survey released in 2023, Plano, TX has a population of 53,100, which has increased by 3.9% over the past 5 years. Plano, TX is a moderately popular place for families, as children make up 22.7% of the population. The area has a moderately educated workforce, with 41.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 53,100 | 3.9% |
% Under 18 | 22.7% | -6.2% |
% Seniors | 10.3% | 5.1% |
% WFH | 18.4% | 247.2% |
% w/ College Degree | 41.7% | 18.1% |
As of the latest ACS Survey released in 2023, Plano, TX is a predominantly white area, with 36.5% of the population identifying as white. The white population has grown by 2.0% in the last 5 years. The second most common race or ethnicity in Plano, TX is hispanic, making up 36.3% of the population. Foreign-born residents account for 32.6% of the population in Plano, TX, and this percentage has increased by 12.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 36.5% | 2.0% |
% Black | 10.6% | -7.0% |
% Hispanic | 36.3% | -4.7% |
% Asian | 13.3% | 15.7% |
% Foreign Born | 32.6% | 12.0% |
Mortgage and Risk — Plano, TX
According to HUD data as of 2023, there were 327 mortgage originations in Plano, TX, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Plano, TX. Investor activity is low, as 4.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 327 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Plano, TX
As of 2024, the percent of homes in Plano, TX under the Section 8 program is 5.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Plano, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 623 |
Total Units Section 8 | 491 |
% Rentals under Section 8 | 5.0% |
% Occupied Section 8 | 75.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $480 | $1,300 | $1,780 |
| 2 Bedroom | $360 | $1,730 | $2,090 |
| 3 Bedroom | $370 | $2,250 | $2,620 |
| 4 Bedroom | $510 | $2,850 | $3,360 |
Affordability — Plano, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $367,000 |
| Median Household Income | $84,200 |