Real Estate Market Update for 75071 (Mckinney, TX)

Video: Real Estate Community Tour for 75071 (Mckinney, TX)

See Real estate community tour for 75071 (Mckinney, TX)
Welcome to August's Market Update. Let’s take a look at residential real-estate activity in your area during the month of August. The number of active listings was down 10% from one year earlier, and up 6% 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 was just under 380-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 9%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was 260-thousand dollars. The number of units sold increased 22% year-over-year, and increased 7% 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 75071 (Mckinney, TX)
Area Information for 75071 (Mckinney, TX)
  • Population: 37,850
  • Median Age: 31.84 yr
  • Median Commute Time: 25.78 mins
  • Educational Climate*: 4
  • Sales Tax: 6.25%
  • Population Density: 480/sq mi
  • Population Change Since 2000: 255.33%
  • Closest Airport: Dallas Love Field
  • Closest College: University Of Texas At Dallas
  • Closest Jr. College: Collin County Community Clg-central Park
  • Median Household Income: $76,805
  • Annual Residential Turnover: 28.41%
  • Median Years in Residence: 2.21 yr
  • Median Home Sales Price: $212,189
  • Closest Major Sports Team: Fc Dallas
  • Change Avg. Household Income Since 2000: 32%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 75071 (Mckinney, TX)
Median Age: 31.84 Married: 38% Number of Households: 12,067 Households with Children: 6,123
    • 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 75071 (Mckinney, TX)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      North Texas Christian Academy 2.1 mi Private PRESCHOOL-10 0 5
      Naomi Press Elementary School 2.2 mi Public K-5 2 4
      Herman Lawson Early Childhood School 2.4 mi Public PRESCHOOL-PRESCHOOL 0 0
      Scott Morgan Johnson Middle School 2.5 mi Public 6-8 3-5 3
      Jose De Jesus And Maria Luisa Vega 2.6 mi Public K-5 3 3
      Slaughter Elementary School 2.6 mi Public K-5 3 4
      Mckinney North High School 2.6 mi Public 9-12 4 4
      Our Savior Lutheran School 2.7 mi Private PRESCHOOL-K 0 3
      J B Wilmeth Elementary School 3.0 mi Public K-5 4-5 4
      County Residential Center 3.0 mi Public 4-12 0 0
      Imagine International Academy Of North Texas 3.0 mi Public K-12 0 0
      Mckinney Christian Academy 3.1 mi Private PRESCHOOL-12 0 4
      Mckinney Boyd High School 4.3 mi Public 9-12 4 4
      Primrose School Of Stone Brooke 5.0 mi Private PRESCHOOL-K 0 0
      Gary And Bobbye Jack Minshew Elementary School 5.1 mi Public K-5 4 4
      John A Baker 5.1 mi Public PRESCHOOL-4 4 4
      Lizzie Nell Cundiff Mcclure Elementary School 5.3 mi Public K-5 3-5 4
      Good Shepherd Montessori School 6.5 mi Private PRESCHOOL-6 0 4
      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: and Onboard Informatics © 2015
      Local Weather for 75071 (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.