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Homes in Plano, TX, were selling for a median price of $538,700 in February 2023. In February 2023, Plano, TX, was a seller’s market, indicating that more people were looking to buy than available homes. 444 homes were sold in Plano, TX, in February 2023, up from 113 last year.
TOTAL POPULATION
MEDIAN AGE
POPULATION DENSITY
Plano is a city located in the state of Texas in the United States. It is a part of the Dallas-Fort Worth metroplex located approximately 20 miles north of downtown Dallas. Plano is known for its affluent suburban neighborhoods, excellent schools, and thriving economy with a strong presence of technology and finance companies. The city has a population of over 280,000 residents and has been recognized as one of the safest cities in America. Plano also offers a variety of recreational opportunities, including parks, trails, and community events, making it a popular destination for families and visitors.
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Plano continues to offer relatively affordable living costs compared to other major cities in the United States. The following section explores the top factors contributing to Plano’s status as a strong real estate market, housing market, migration & relocation trends, population, schools, amenities, and neighborhood.
According to redfin.com, in Dec ’22 – Feb ’23, 18% of Plano homebuyers searched to move out of Plano, while 82% looked to stay within the metropolitan area.
Situated in Collin County, Texas, Plano is the 9th largest city in the state, with a population of 293,189 as of 2023, making it the 75th largest city in the United States. The city’s population has been steadily increasing at a rate of 0.88% annually, and since the last census conducted in 2020, it has grown by 2.7%. Covering an area of 72 square miles, Plano has a population density of approximately 4,090 individuals per square mile.
Plano, TX, hosts 104 public schools rated good and higher by GreatSchools. You can also find 46 private and charter schools.
According to realtor.com, you can find dozens of grocery stores and hundreds of cafes and restaurants in Plano, TX.
According to realtor.com, there are 28 neighborhoods in Plano. Briarwood is the most affordable neighborhood, with a median listing home price of $275K. Willow Bend has a median listing home price of $1.2M, making it the most expensive neighborhood.
Neighborhoods |
Median Listing Home Price |
Listing |
For Sale |
For Rent |
|
Willow Bend | $1.2M | $240 | 5 | 24 | |
Park Forest | $365K | $220 | 15 | 24 | |
Caddo Park | $457.4K | $206 | 9 | 15 | |
Briarwood | $275K | $208 | 8 | 12 | |
Hunters Glen | $564.5K | $198 | 15 | 11 | |
Stratford Estates | $527.5K | $217 | 10 | 5 | |
Liberty Park | $465K | $194 | 10 | 11 | |
River Bend | $547.5K | $221 | 9 | 4 | |
Prestonwood | $847.5K | $272 | 5 | 4 | |
Cross Creek | $394.9K | $209 | 5 | 20 | |
Deerfield | $744.5K | $204 | 7 | 7 | |
Clearview | $361.5K | $225 | 8 | 9 | |
Timberbrook | $495K | $196 | 7 | 13 | |
Meadows | $310K | $207 | 3 | 10 | |
Ridgeview Ranch | $539.9K | $215 | 4 | 10 | |
Armstrong Park | $343K | $241 | 5 | 8 | |
Silverwood | $350K | $192 | 3 | 8 | |
Thunderbird | $389K | $194 | 3 | 14 | |
Plano Park | $326K | $215 | 4 | 8 | |
Forman | $314.9K | $217 | 4 | 12 |
Are you buying or selling a home in Plano? Contact Full Circle Realty now to get started!
Our professionals can find the right home for your budget and needs 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, Plano offers an exceptional real estate market that will meet your needs.
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