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Overview of McKinney
The McKinney housing market is somewhat competitive. Homes in McKinney receive 3 offers on average and sell in around 46 days. The median sale price of a home in McKinney was $470K last month, down 5.0% since last year. The median sale price per square foot in McKinney is $210, down 4.1% since last year.
158,721
TOTAL POPULATION
35.1 years
MEDIAN AGE
High
POPULATION DENSITY
Schools in Austin
McKinney is a suburb of Dallas with a population of 189,394. McKinney is in Collin County and is one of the best places to live in Texas. Living in McKinney offers residents a dense suburban feel; most own their homes. In McKinney, there are a lot of parks. Many families and young professionals live in McKinney, and residents tend to lean conservative. The public schools in McKinney are highly rated.
McKinney is Collin County’s third-largest city after Plano and Frisco. A suburb of the Dallas–Fort Worth metroplex, McKinney is about 32 miles (51 km) north of Dallas.
McKinney has a strong economy and has experienced an influx of development over the last few years. Additionally, the city has access to lightning-fast internet speeds, ample opportunities for remote workers, and a low cost of living.
The McKinney housing market is competitive. On average, homes in McKinney receive 3 offers and sell in around 49 days. The average sale price of a home in McKinney was $480K last month, down 4.0% since last year. The average sale price per square foot in McKinney is $211, up 4.5% since last year.
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Mckinney, TX, Summary
- There are 4650 active home listings and 485 new homes for sale in Austin, TX.
- Homes in Austin, TX, were selling for a median price of $612,000 in February 2023.
- On average, homes in Austin, TX, sell after 82 days on the market compared to 42 days last year.
- 3919 homes were sold in Austin, TX, in February 2023, up from 753 last year.
- Austin, TX, is part of the Travis County R-1 School District, with 231 Elementary Schools, 122 Middle Schools, and 94 High Schools.
- The average rating of all the schools in Austin, TX, is 5 out of 10 by GreatSchools.
- The median list price of homes in Austin, TX, was $612,000 in February 2023, compared to $610,000 in 2022.
- In February 2023, Austin, TX, was a seller’s market, indicating that more people were looking to buy than available homes.
- There are 1042 active home listings and 98 new homes for sale in Mckinney, TX.
- On average, homes in Mckinney, TX, sell after 88 days on the market compared to 289 days last year.
- Mckinney, TX, is part of the Collin County R-1 School District, with 40 Elementary Schools, 13 Middle Schools, and 10 High Schools.
- The average rating of all the schools in Mckinney, TX, is 7 out of 10 by Great Schools.
McKinney Housing Market Trends
In January 2023, McKinney home prices were down 4.2% compared to last year, selling for a median price of $480K. There were 105 homes sold in January this year, down from 158 last year. On average, homes in McKinney sell after 56 days on the market compared to 18 days last year.
McKinney, TX Housing Market
- The median listing home price in Austin, TX, was $610K in February 2023, trending 7.2% year-over-year. The median listing home price per square foot was $349.
- Austin, TX, is a buyer’s market in February 2023, which means that the supply of homes is greater than the demand for homes.
- On average, homes in Austin, TX, sell after 92 days on the market. The trend for median days on the market in Austin, TX, has increased since last month and slightly up since last year.
- The median listing home price in McKinney, TX, was $520K in February 2023, trending 9.5% year-over-year. The median listing home price per square foot was $216.
- McKinney, TX, is a balanced market in February 2023, which means that the supply and demand of homes are about the same.
- On average, homes in McKinney, TX sell after 71 days on the market. The trend for median days on the market in McKinney, TX, has increased since last month and slightly up since last year.
Homes For Sale in McKinney, TX
- The median listing home price in Austin, TX, was $610K in February 2023, trending 7.2% year-over-year. The median listing home price per square foot was $349.
- Austin, TX, is a buyer’s market in February 2023, which means that the supply of homes is greater than the demand for homes.
- On average, homes in Austin, TX, sell after 92 days on the market. The trend for median days on the market in Austin, TX, has increased since last month and slightly up since last year.
There are 1,084 homes for sale in McKinney, TX, 356 of which were newly listed within the last week. Additionally, there are 609 rentals, with a range of $912 to $6.5K per month.
McKinney Migration & Relocation Trends
In Dec ’22 – Feb ’23, 18% of McKinney homebuyers searched to move out of McKinney, while 82% looked to stay within the metropolitan area.
Where are people moving to McKinney from?
- Across the nation, 1% of homebuyers searched to move into Austin from outside metros.
- San Francisco homebuyers searched to move into Austin more than any other metro, followed by Los Angeles and Chicago.
- Across the nation, 3% of homebuyers searched to move into McKinney from outside metros.
- Los Angeles homebuyers searched to move into McKinney more than any other metro, followed by San Francisco and Chicago.
Where are people from McKinney moving to?
- 73% of Austin homebuyers searched to stay within the Austin metropolitan area.
- San Antonio was the most popular destination among Austin homebuyers, followed by Killeen and Corpus Christi.
- 82% of McKinney homebuyers searched to stay within the McKinney metropolitan area.
- Oklahoma City was the most popular destination among McKinney homebuyers, followed by Miami and Destin.
Top Schools in McKinney, TX
McKinney, TX, hosts 72 public schools rated good and higher by GreatSchools. You can also find 12 private and charter schools.
What are the best neighborhoods in McKinney?
Stonebridge Ranch, Westridge, and Craig Ranch are some of the best neighborhoods in or around McKinney, Texas. Consider buying or renting a home in one of these popular neighborhoods.
Amenities near McKinney, TX
You can find dozens of grocery stores and hundreds of cafes and restaurants in McKinney, TX. We will soon provide other points, such as parks and gyms.
Grocery Stores
- Local Yocal Farm to Market
- Trader Joe's
- Whole Foods Market
- WinCo Foods
- Sprouts Farmers Market
- Kroger
- Walmart Supercenter
Coffee Shops
- The Donut Kitchen
- Filtered
- Armor Coffee
- Duino Coffeehouse + Kitchen
- Benny's Cafe
- Layered
- Delish Bubble Tea
- Benny's Bagels
- Whole Foods Market
Restaurants
- Cadillac Pizza Pub
- Eggsquisite Cafe
- Sunview Cafe
- Rick's Chophouse
- The Yard
- Noodle Wave
- Wild Salsa
- Black Walnut Café
- Spoons Cafe
- Pluckers Wing Bar – Allen
Explore McKinney, TX
There are 20 neighborhoods in McKinney. Rockwall is the most affordable neighborhood, with a median listing home price of $275K. Winding Creek has a median listing home price of $869K, making it the most expensive neighborhood.
All Neighborhoods in McKinney, TX
Neighborhoods |
Median Listing Home Price |
Listing |
For Sale |
For Rent |
| Stonebridge Ranch | $585K | $214 | 74 | 76 |
| Westridge | $497K | $227 | 36 | 56 |
| Craig Ranch | $544.7K | $223 | 36 | 22 |
| Eldorado Heights | $439.5K | $204 | 15 | 30 |
| Eldorado | $669K | $207 | 17 | 14 |
| Heatherwood | $525K | $186 | 11 | 16 |
| Greens of Mckinney | $469K | $233 | 9 | 17 |
| Villages of Lake Forest | $525K | $201 | 8 | 4 |
| Winding Creek | $869K | $212 | 5 | 2 |
| Brookview | $435K | $200 | 5 | 16 |
| Rockwall | $275K | $213 | 5 | 1 |
| Summit View Lakes | $430K | $208 | 8 | 8 |
| Hidden Creek | $547.5K | $184 | - | 2 |
| Wilcox | - | - | 2 | 5 |
| Ridgecrest | - | - | 3 | 4 |
| Mouzon | - | - | 2 | 2 |
| La Loma | - | - | 1 | 1 |
| Stone Hollow | - | - | 1 | 3 |
| Lewisville | - | - | 1 | 2 |
| Mallard Lakes at Mckinney | - | - | 1 | - |
Get Connected With a Trusted Real Estate Agent
Are you buying or selling a home in Mckinney? Contact Full Circle Realty now to get started!
Our agents can find the right home for your needs and budget and help you navigate this competitive market. We specialize in real estate negotiations, brokerage, property investment, property management, and leases.
Whether you are looking to buy your first home, invest in rental properties, or relocate to a new city, Mckinney offers an exceptional real estate market that will meet your needs.