Real Estate Market Update for 75070 (Mckinney, TX)

Video: Real Estate Community Tour for 75070 (Mckinney, TX)

See Real estate community tour for 75070 (Mckinney, TX)
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 21% from one year earlier, and up 8% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month. Compared to last year, the average number of days units spent on the market before being sold was up nearly 125%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 280-thousand dollars. The number of units sold increased 6% year-over-year, and increased 5% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 75070 (Mckinney, TX)
Area Information for 75070 (Mckinney, TX)
  • Population: 81,584
  • Median Age: 33.66 yr
  • Median Commute Time: 30.07 mins
  • Educational Climate*: 5
  • Sales Tax: 6.25%
  • Population Density: 3,409/sq mi
  • Population Change Since 2000: 204.22%
  • Closest Airport: Dallas Love Field
  • Closest College: University Of Texas At Dallas
  • Closest Jr. College: Collin County Community Clg-central Park
  • Median Household Income: $98,281
  • Annual Residential Turnover: 25.08%
  • Median Years in Residence: 2.39 yr
  • Median Home Sales Price: $204,366
  • Closest Major Sports Team: Fc Dallas
  • Change Avg. Household Income Since 2000: 8%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 75070 (Mckinney, TX)
Median Age: 33.66 Married: 42% Number of Households: 28,151 Households with Children: 13,820
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 75070 (Mckinney, TX)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Roy Lee Walker Elementary 0.3 mi Public K-5 5 4
      Dr Jack Cockrill Middle School 0.6 mi Public 6-8 4-5 4
      Primrose School Of Eldorado 0.9 mi Private PRESCHOOL-K 0 0
      Valley Creek Elementary 1.1 mi Public K-5 5 5
      Reuben Johnson Elementary 1.2 mi Public K-5 4-5 4
      Arthur H Mcneil Elementary School 1.3 mi Public K-5 3-5 4
      Glen Oaks Elementary 1.6 mi Public K-5 4-5 4
      Jesse Mcgowen El School 1.7 mi Public K-5 4 4
      Dowell Middle School 1.9 mi Public 6-8 4-5 3
      Earl & Lottie Wolford Elementary 2.0 mi Public K-5 5 5
      Leonard Evans Jr Middle School 2.2 mi Public 6-8 4 3
      Lois Lindsey Elementary 2.3 mi Public K-6 0 0
      Comstock Elementary 2.7 mi Public K-5 0 0
      Lowell Dean And Mildred Bennett Elementary 2.8 mi Public K-5 4-5 5
      Scoggins Middle School 3.0 mi Public 6-8 4-5 3
      Ogle Elementary 3.4 mi Public K-5 5 4
      C T Eddins Elementary 3.6 mi Public K-5 5 4
      Sonntag Elementary School 4.3 mi Public K-5 3-5 5
      Montessori Academy At Westridge 4.4 mi Private PRESCHOOL-K 0 0
      Scott Elementary School 4.7 mi Public K-5 0 0
      Cornerstone Christian Academy 451.5 mi Private K-12 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for 75070 (Mckinney, TX)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.