McKinney home sales, the last twelve months.
3,435 homes sold in McKinney over the last twelve months, $1.85B in all. The middle price was $490,000 (≈ $2,860/mo with 10% down), a typical home found its buyer in 39 days, and prices here run 23% above the DFW median.
The average runs 10% above the middle, which is the high end of McKinney pulling it up. The median is the better read on a typical home; the average is the better read on how much money is moving.
Whose market is McKinney?
Fewer homes for sale than buyers to absorb them, so sellers hold the edge on price and terms. Right now that's 1,128 homes on the market against a pace of 286 sales a month, median asking $549,900.
McKinney against the cities next door.
The alternative to a house here is usually a house one town over. Here is what that trade actually costs.
Median sale price over the window, for McKinney and every city that borders it, and it follows the Median/Average switch at the top of the page. The towns next door are usually the real alternative, and a few minutes' drive can be worth a hundred thousand dollars in either direction.
How McKinney moved, month by month.
When to list in McKinney, and when to buy.
Grouped by the month a home went on the market, which is the month a seller actually picks, rather than the month the sale closed.
Best month to list. Homes that went on the market in February found a buyer in a median of 26 days, about 15 days quicker than the rest of the year.
Softest months for sellers. In both October and July, 77% of homes listed sold below asking. Buyers have room in either.
Grouped by the month a home went on the market, not the month it closed. That is the month a seller actually chooses. Bars show the real figure, so a longer bar always means a bigger number. Months with fewer than 15 listings are left out.
What homes here sold for.
Every sale in the window, sorted into price ranges, so you can see where the middle of this market sits.
Most homes sold between $250,000 and $550,000. The median sale was $490,000, the highlighted bar.
Shares are of sales where we hold an asking price to compare against. They do not add to 100%: the rest sold at exactly the asking price, which is about a fifth of all sales. The dearer the home, the likelier it sold below its asking price. Bands under 20 sales are left out rather than shown on a handful of homes.
How often McKinney sellers help with closing costs.
Money from the seller toward the buyer's costs often moves before asking prices do, which makes it one of the earliest signs a market is turning.
More sellers are contributing than two years ago. In McKinney, 59% of homes sold in the last twelve months came with money from the seller toward the buyer's costs. The typical amount was $9,000, about 1.7% of the sale price.
Share of closed sales where the seller contributed toward the buyer's closing costs, with the typical contribution when one was given. Both the median and the average are taken over the same cleaned set. Based on 3,433 of the 3,435 sales that closed in the last twelve months. The rest closed before the MLS recorded this field, and are excluded rather than counted as zero, and 62 entries above 10% of the sale price were dropped as data-entry errors.
Where McKinney actually trades.
The city median is one number stretched over very different neighborhoods. Here it is broken apart three ways: by the elementary school a home is zoned to, by area on the map, and by the subdivisions with the most sales.
Homes zoned to Roy Lee Walker sold at a median of $765,000, against $346,050 for Webb. Same city.
| Elementary zone | Homes sold | Median price | $ / sq ft | Days on market |
|---|---|---|---|---|
| WebbMcKinney ISD | 344 | $346,050 | $159 | 48 |
| Lizzie Nell Cundiff McclureMcKinney ISD | 302 | $590,000 | $204 | 59 |
| Ruth And Harold FrazierMcKinney ISD | 291 | $560,000 | $223 | 58 |
| Naomi PressMcKinney ISD | 255 | $425,000 | $196 | 33 |
| Glen OaksMcKinney ISD | 130 | $560,000 | $219 | 36 |
| Mike And Janie ReevesProsper ISD | 122 | $650,000 | $215 | 63 |
| SlaughterMcKinney ISD | 119 | $380,000 | $204 | 35 |
| ComstockFrisco ISD | 112 | $599,500 | $217 | 30 |
| Jack And June FurrProsper ISD | 110 | $471,995 | $212 | 42 |
| Dean And Mildred BennettMcKinney ISD | 104 | $572,750 | $219 | 34 |
| Valley CreekMcKinney ISD | 104 | $647,500 | $217 | 28 |
| ElliottFrisco ISD | 97 | $505,000 | $210 | 23 |
| Jose De Jesus And Maria Luisa VegaMcKinney ISD | 88 | $432,000 | $207 | 42 |
| J B WilmethMcKinney ISD | 77 | $700,000 | $210 | 28 |
| Reuben JohnsonMcKinney ISD | 77 | $420,000 | $192 | 27 |
| John A BakerProsper ISD | 73 | $464,900 | $195 | 34 |
| Gary And Bobbye Jack MinshewMcKinney ISD | 71 | $445,000 | $193 | 34 |
| Arthur H McneilMcKinney ISD | 68 | $401,000 | $190 | 24 |
| Earl & Lottie WolfordMcKinney ISD | 66 | $542,000 | $219 | 14 |
| SonntagFrisco ISD | 65 | $387,000 | $211 | 31 |
| Jesse McgowenMcKinney ISD | 56 | $430,500 | $202 | 34 |
| OgleFrisco ISD | 54 | $432,500 | $187 | 26 |
| Jim And Betty HughesProsper ISD | 53 | $475,000 | $208 | 31 |
| Roy Lee WalkerMcKinney ISD | 53 | $765,000 | $214 | 39 |
McKinney sales grouped by the elementary school a home is zoned to, which is the boundary most families actually shop against. These zones cover 84% of everything that sold here. 13 more zones cleared the threshold and are not listed. Only zones with at least a dozen sales are shown, so every figure rests on real volume. The price column follows the Median/Average switch at the top of the page. School assignment comes from the listing record at the time of sale; boundaries change, so confirm current zoning with the district before relying on it.
| Neighborhood | Homes sold | Median price | $ / sq ft | Days on market |
|---|---|---|---|---|
| Simpson Crossing | 148 | $344,355 | $158 | 80 |
| Painted Tree | 145 | $600,000 | $196 | 61 |
| Trinity Falls | 107 | $589,900 | $228 | 78 |
| Eastridge | 90 | $322,990 | $154 | 24 |
| Highland Lakes | 54 | $650,000 | $197 | 84 |
| Aster Park | 50 | $630,000 | $201 | 95 |
| Shaded Tree | 50 | $409,899 | $196 | 19 |
| The Landing At Hidden Lakes | 41 | $560,000 | $212 | 47 |
What a typical McKinney home looks like.
Medians across every McKinney sale in the window. Half of what sold was bigger, half smaller.
McKinney, in plain questions.
These numbers describe the city. Pricing one specific house, or competing for it, needs someone who has walked the comparable homes. That part is on us.
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