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 April's Market Update. Let’s take a look at residential real-estate activity in your area during the month of March. The number of active listings was up 17% from one year earlier, and up 17% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just under 390-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 8%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 280-thousand dollars. The number of units sold decreased 9% year-over-year, and increased 9% 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: 153,362
  • Median Age: 33.8 yr
  • Median Commute Time: 26 mins
  • Educational Climate*: 3
  • Sales Tax: 8%
  • Population Density: 2,465/sq mi
  • Population Change Since 2000: 178.02%
  • Closest Airport: Dallas Love Field
  • Closest College: University Of Texas At Dallas
  • Closest Jr. College: Collin County Community Clg-central Park
  • Median Household Income: $84,013
  • Annual Residential Turnover: 15%
  • Median Home Sales Price: $242,967
  • Closest Major Sports Team: Frisco Roughriders (aa)
  • Change Avg. Household Income Since 2000: 21.48%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Mckinney, TX
Median Age: 33.8 Married: 45% Number of Households: 52,083 Households with Children: 24,385
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 School Rating Parent Rating
      Robert L Puster Elementary School 0.8 mi Public K-4 5 0
      Valley Creek Elementary School 1.4 mi Public K-5 4 0
      Arthur High Mcneil Elementary School 1.4 mi Public K-5 3 0
      Albert & Iola Lee Davis Malvern Elementary School 1.5 mi Public K-5 2 0
      Primrose School Of Eldorado 1.9 mi Private PRESCHOOL-K 0 0
      Jesse Mcgowen Elementary School 2.0 mi Public K-5 4 0
      Mckinney High School 2.1 mi Public 9-12 4 4
      Montessori School At Starcreek 2.3 mi Private PRESCHOOL-6 0 0
      Willow Springs Middle School 2.3 mi Public 5-6 0 0
      Finch Elementary School 2.3 mi Public K-5 2 0
      Roy Lee Walker Elementary School 2.4 mi Public K-5 5 0
      Dr Jack Cockrill Middle School 2.4 mi Public 6-8 5 0
      Elliott Elementary School 2.4 mi Public K-5 4 0
      Cornerstone Christian Academy 2.4 mi Private PRESCHOOL-12 0 0
      Cornerstone Christian Academy 2.4 mi Private PRESCHOOL-12 0 0
      Robert Muller School 2.5 mi Private PRESCHOOL-8 0 0
      Reuben Johnson Elementary School 2.8 mi Public K-5 4 0
      Caldwell Elementary School 2.9 mi Public K-5 1 0
      Our Savior Lutheran School 2.9 mi Private PRESCHOOL-K 0 0
      Lois Lindsey Elementary 3.0 mi Public K-6 5 0
      Imagine International Academy Of North Texas 3.0 mi Public K-12 5 4
      Slaughter Elementary School 3.1 mi Public K-5 3 0
      Burks Elementary School 3.1 mi Public K-5 1 0
      Herman Lawson Early Childhood School 3.2 mi Public PRESCHOOL-PRESCHOOL 0 0
      Webb Elementary School 3.3 mi Public K-5 1 0
      Faubion Middle School 3.3 mi Public 6-8 4 3
      Mckinney Christian Academy 3.5 mi Private PRESCHOOL-12 0 0
      Holy Family School 3.5 mi Private PRESCHOOL-PRESCHOOL 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 3.6 mi Public 9-12 5 4
      J B Wilmeth Elementary School 3.7 mi Public K-5 5 0
      Beverly Cheatham Elementary School 3.8 mi Public PRESCHOOL-6 5 0
      Glen Oaks Elementary School 3.9 mi Public K-5 4 0
      Earl & Lottie Wolford Elementary School 4.0 mi Public K-5 5 0
      Scoggins Middle School 4.1 mi Public 6-8 5 0
      Primrose School Of Stone Brooke 4.1 mi Private PRESCHOOL-K 0 0
      Leonard Evans Jr Middle School 4.1 mi Public 6-8 5 0
      Dowell Middle School 4.2 mi Public 6-8 5 0
      Comstock Elementary 4.2 mi Public K-5 4 0
      Gary And Bobbye Jack Minshew Elementary School 4.3 mi Public K-5 4 0
      Dr E T Boon Elementary School 4.3 mi Public K-6 5 0
      Heritage Montessori Academy Of Allen 4.4 mi Private PRESCHOOL-K 0 0
      Kerr Elementary School 4.5 mi Public K-6 5 0
      Jose De Jesus And Maria Luisa Vega 4.7 mi Public K-5 2 0
      Flossie Floyd Green Elementary School 4.9 mi Public K-6 4 0
      Ogle Elementary School 4.9 mi Public K-5 4 0
      North Texas Christian Academy 5.0 mi Private PRESCHOOL-11 0 0
      Creme De La Creme, Allen 5.1 mi Private PRESCHOOL-K 0 0
      Lizzie Nell Cundiff Mcclure Elementary School 5.2 mi Public K-5 4 0
      Mckinney North High School 5.2 mi Public 9-12 4 3
      Scott Morgan Johnson Middle School 5.3 mi Public 6-8 3 0
      Frances E Norton Elementary School 5.4 mi Public K-6 4 0
      Dean And Mildred Bennett Elementary School 5.4 mi Public K-5 5 0
      Good Shepherd Montessori School 5.5 mi Private PRESCHOOL-6 0 0
      Primrose School Of West Allen 5.5 mi Private PRESCHOOL-K 0 0
      Mary Evans Elementary School 5.6 mi Public K-6 5 4
      Naomi Press Elementary School 5.8 mi Public K-5 2 0
      Ereckson Middle School 5.9 mi Public 7-8 5 3
      C T Eddins Elementary School 6.0 mi Public K-5 5 0
      County Residential Center 6.1 mi Public 4-12 1 0
      Montessori Academy At Westridge 6.3 mi Private PRESCHOOL-K 0 0
      John A Baker 6.4 mi Public K-4 4 0
      Sonntag Elementary School 6.4 mi Public K-5 4 0
      Beverly Elementary School 7.2 mi Public K-5 5 0
      Mooneyham Elementary School 7.2 mi Public K-5 4 0
      Pebblecreek Montessori 7.2 mi Private PRESCHOOL-6 0 0
      Scott Elementary School 7.4 mi Public K-5 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: Onboard Informatics © 2015. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      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.