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 November's Market Update. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was up 24% from one year earlier, and down 1% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just under 400-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 8%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 290-thousand dollars. The number of units sold decreased 3% year-over-year, and decreased 19% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. 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: 164,243
  • Median Age: 34.11 yr
  • Median Commute Time: 26 mins
  • Educational Climate*: 3
  • Sales Tax: 8%
  • Population Density: 2,640/sq mi
  • Population Change Since 2000: 198.08%
  • Closest Airport: Dallas Love Field
  • Closest College: University Of Texas At Dallas
  • Closest Jr. College: Collin County Community Clg-central Park
  • Median Household Income: $83,659
  • Annual Residential Turnover: 15%
  • Median Home Sales Price: $262,802
  • Closest Major Sports Team: Fc Dallas
  • Change Avg. Household Income Since 2000: 22.09%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Mckinney, TX
Median Age: 34.11 Married: 45% Number of Households: 55,858 Households with Children: 25,874
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 5 5
      Arthur High Mcneil Elementary School 1.4 mi Public K-5 3 0
      Kids R Kids No 14 - Mckinney 1.5 mi Private PRESCHOOL-K 0 0
      Albert & Iola Lee Davis Malvern Elementary School 1.5 mi Public K-5 1 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
      Collin County Cornerstone Christian Academy 2.4 mi Private K-12 0 0
      Reuben Johnson Elementary School 2.8 mi Public K-5 4 0
      Caldwell Elementary School 2.9 mi Public K-5 2 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
      Goddard School 3.2 mi Private PRESCHOOL-K 0 0
      Merryhill School Stonebridge Ranch 3.3 mi Private PRESCHOOL-PRESCHOOL 0 0
      Webb Elementary School 3.3 mi Public K-5 2 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 4 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 5 0
      Earl & Lottie Wolford Elementary School 4.0 mi Public K-5 5 0
      Scoggins Middle School 4.1 mi Public 6-8 4 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 3
      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
      Kids R Kids No 55 - West Allen 4.5 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
      Lizzie Nell Cundiff Mcclure Elementary School 5.2 mi Public K-5 4 0
      Good Tree Academy Allen 5.2 mi Private PRESCHOOL-8 0 0
      Mckinney North High School 5.2 mi Public 9-12 4 4
      Scott Morgan Johnson Middle School 5.3 mi Public 6-8 3 0
      Frances E Norton Elementary School 5.4 mi Public K-6 5 0
      Dean And Mildred Bennett Elementary School 5.4 mi Public K-5 5 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
      Kids R Kids No 38 - Mckinney 5.9 mi Private PRESCHOOL-K 0 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
      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 © 2016. 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 ©2016 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.