Plano, TX—75075
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 $453,000, with a year-over-year change of -5.1%. This indicates that home prices in Plano, TX are decreasing. According to Zillow, the 1-year price projection is -1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $453,000 | -5.1% |
| Single Family | $456,000 | -5.0% |
| Condos | $205,000 | -9.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $260,000 | -8.8% |
3 Bed | $430,000 | -4.4% |
4 Bed | $496,000 | -4.2% |
| 5 Bed | $630,000 | -3.5% |
% of Housing Stock
Rental Trends — Plano, TX
As of July '25, Rentcast reports the average rent in Plano, TX is $1,950, with a year-over-year rent change of -2.5%. Per bedroom, the median rent as of July '25 in Plano, TX is studios: $1,340, 1-bedrooms: $1,420, 2-bedrooms: $1,810, 3-bedrooms: $2,460, 4-bedrooms: $3,550. The most common rental property sizes in Plano, TX are 1-bedroom and 2-bedroom, accounting for 34.9% and 32.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,650 | $1,950 |
| Studio Rent | $1,310 | $1,340 |
| 1 Bed Rent | $1,400 | $1,420 |
| 2 Bed Rent | $1,700 | $1,810 |
| 3 Bed Rent | $2,450 | $2,460 |
| 4 Bed Rent | $3,000 | $3,550 |
% 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 50. This is a increase of 23.0% 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 48.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $499,000 | -4.0% |
Listing Count | 165 | 18.0% |
| Listings as % of Homes | 0.5% | 18.0% |
Days on Market | 50 | 23.0% |
Demographics — Plano, TX
As of the latest ACS Survey released in 2023, Plano, TX has a population of 38,000, which has increased by 3.0% over the past 5 years. Plano, TX is a moderately popular place for families, as children make up 19.3% of the population. The area has a highly educated workforce, with 50.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 38,000 | 3.0% |
% Under 18 | 19.3% | 2.1% |
% Seniors | 20.6% | 7.9% |
% WFH | 21.8% | 175.9% |
% w/ College Degree | 50.0% | 6.4% |
As of the latest ACS Survey released in 2023, Plano, TX is a predominantly white area, with 60.9% of the population identifying as white. The white population has shrunk by 2.4% in the last 5 years. The second most common race or ethnicity in Plano, TX is hispanic, making up 16.2% of the population. Foreign-born residents account for 19.6% of the population in Plano, TX, and this percentage has decreased by 5.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 60.9% | -2.4% |
% Black | 7.8% | 18.2% |
% Hispanic | 16.2% | -9.0% |
% Asian | 12.1% | 8.0% |
% Foreign Born | 19.6% | -5.8% |
Mortgage and Risk — Plano, TX
According to HUD data as of 2023, there were 148 mortgage originations in Plano, TX, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Plano, TX. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 148 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Plano, TX
As of 2024, the percent of homes in Plano, TX under the Section 8 program is 3.1%. 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 | 406 |
Total Units Section 8 | 243 |
% Rentals under Section 8 | 3.1% |
% Occupied Section 8 | 62.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $340 | $1,400 | $1,740 |
| 2 Bedroom | $340 | $1,700 | $2,040 |
| 3 Bedroom | $110 | $2,450 | $2,560 |
| 4 Bedroom | $280 | $3,000 | $3,280 |
Affordability — Plano, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $453,000 |
| Median Household Income | $91,500 |