Real Estate Market Update for Mckinney, TX

Video: Real Estate Community Tour for Mckinney, TX

See Real estate community tour for 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 17% 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 360-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 90%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 280-thousand dollars. The number of units sold was consistent year-over-year, and increased 10% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. 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 Mckinney, TX
Area Information for Mckinney, TX
  • Population: 140,555
  • Median Age: 32.44 yr
  • Median Commute Time: 23.87 mins
  • Educational Climate*: 4
  • Sales Tax: 8.25%
  • Population Density: 2,259/sq mi
  • Population Change Since 2000: 155.75%
  • Closest Airport: Dallas Love Field
  • Closest College: University Of Texas At Dallas
  • Closest Jr. College: Collin County Community Clg-central Park
  • Median Household Income: $81,206
  • Annual Residential Turnover: 25.98%
  • Median Years in Residence: 2.39 yr
  • Median Home Sales Price: $192,500
  • Closest Major Sports Team: Fc Dallas
  • Change Avg. Household Income Since 2000: 26%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Mckinney, TX
Median Age: 32.44 Married: 37% Number of Households: 47,514 Households with Children: 23,016
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 Mckinney, TX

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Robert L Puster Elementary School 0.8 mi Public K-4 5 5
      Valley Creek Elementary 1.4 mi Public K-5 5 5
      Arthur H Mcneil Elementary School 1.4 mi Public K-5 3-5 4
      Albert & Iola Lee Davis Malvern Elementary School 1.7 mi Public K-5 2-5 3
      Primrose School Of Eldorado 1.9 mi Private PRESCHOOL-K 0 0
      Jesse Mcgowen El School 2.0 mi Public K-5 4 4
      Mckinney High School 2.1 mi Public 9-12 3-5 4
      Faith Christian Academy 2.1 mi Private PRESCHOOL-6 0 0
      Montessori School At Starcreek 2.3 mi Private PRESCHOOL-6 0 0
      Sloan Creek Intermediate School 2.3 mi Public 5-6 5 4
      Finch Elementary 2.3 mi Public K-5 3 2
      Roy Lee Walker Elementary 2.4 mi Public K-5 5 4
      Dr Jack Cockrill Middle School 2.4 mi Public 6-8 4-5 4
      Cornerstone Christian Academy 2.4 mi Private PRESCHOOL-12 0 0
      Robert Multer School 2.5 mi Private PRESCHOOL-8 0 5
      Reuben Johnson Elementary 2.8 mi Public K-5 4-5 4
      Caldwell Elementary 2.9 mi Public K-5 2 3
      Our Savior Preschool 2.9 mi Private PRESCHOOL-K 0 3
      Lois Lindsey Elementary 3.0 mi Public K-6 0 0
      Imagine International Academy Of North Texas 3.0 mi Public K-12 0 0
      Slaughter Elementary 3.1 mi Public K-5 3 3
      Burks Elementary 3.1 mi Public K-5 2-5 3
      Herman Lawson Early Childhood School 3.3 mi Public PRESCHOOL-PRESCHOOL 0 0
      Webb Elementary 3.3 mi Public K-5 2 4
      Faubion Middle School 3.3 mi Public 6-8 4 3
      Mckinney Christian Academy 3.5 mi Private PRESCHOOL-12 0 4
      Holy Family School 3.5 mi Private PRESCHOOL-K 0 0
      Serenity High School 3.6 mi Public 9-12 0 0
      Little Saints School 3.6 mi Private PRESCHOOL-PRESCHOOL 0 0
      Mckinney Boyd High School 3.9 mi Public 9-12 4 4
      Glen Oaks Elementary 4.0 mi Public K-5 4-5 4
      Earl & Lottie Wolford Elementary 4.1 mi Public K-5 5 5
      Scoggins Middle School 4.1 mi Public 6-8 4-5 3
      Primrose School Of Stone Brooke 4.1 mi Private PRESCHOOL-K 0 0
      Comstock Elementary 4.2 mi Public K-5 0 0
      Leonard Evans Jr Middle School 4.2 mi Public 6-8 4 3
      Dowell Middle School 4.3 mi Public 6-8 4-5 3
      Gary And Bobbye Jack Minshew Elementary 4.3 mi Public K-5 4 4
      Dr E T Boon Elementary 4.3 mi Public K-6 5 5
      Kerr Elementary School 4.5 mi Public K-6 5 4
      Heritage Montessori Academy Of Allen 4.5 mi Private PRESCHOOL-1 0 0
      Jose De Jesus And Maria Luisa Vega Elementary 4.7 mi Public K-5 3 3
      Ogle Elementary 4.9 mi Public K-5 5 4
      Flossie Floyd Green Elementary 4.9 mi Public K-6 4-5 4
      Lowell Dean And Mildred Bennett Elementary 5.0 mi Public K-5 4-5 5
      North Texas Christian Academy 5.0 mi Private PRESCHOOL-10 0 5
      Mckinney North High School 5.1 mi Public 9-12 4 4
      Creme De La Creme, Allen 5.1 mi Private PRESCHOOL-K 0 0
      Lizzie Nell Cundiff Mcclure Elementary 5.2 mi Public K-5 3-5 4
      Scott Morgan Johnson Middle School 5.3 mi Public 6-8 3-5 3
      Frances E Norton Elementary 5.4 mi Public K-6 5 4
      Good Shepherd Montessori School 5.5 mi Private PRESCHOOL-6 0 4
      Primrose School Of West Allen 5.5 mi Private PRESCHOOL-K 0 0
      Mary Evans Elementary 5.6 mi Public PRESCHOOL-6 5 4
      Naomi Press El School 5.8 mi Public K-5 2 4
      C T Eddins Elementary 6.0 mi Public K-5 5 4
      Ereckson Middle School 6.0 mi Public 7-8 5 4
      County Residential Center 6.1 mi Public 4-12 0 0
      John A Baker Elementary 6.4 mi Public PRESCHOOL-4 4 4
      Sonntag Elementary School 6.4 mi Public K-5 3-5 5
      Montessori Academy At Westridge 6.6 mi Private PRESCHOOL-K 0 0
      Scott Elementary School 6.9 mi Public K-5 0 0
      Beverly Elementary 7.2 mi Public K-5 5 5
      Cornerstone Christian Academy 453.5 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 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.