Allen Home Values
Texas
Allen Market Snapshot
| Median Sale Price $517,345 — 0.0% YoY | Price per Sq Ft $219 median $/sqft | Days on Market 31 list to contract | Sale-to-List 97.7% of original asking |
| Active 247 listings | New 1 30 days | Closed 3 30 days | Pending 0 30 days | Supply 4.4 months | Absorption 36% monthly | Over List 1.5% sold above | Under List 46.2% sold below | Concessions 50.5% % of solds | Avg Concession $13,451 seller paid |
Source: NTREIS MLS • Excludes leases • Apr 2026
Allen Market Trends
Allen Holds Steady While Quietly Evolving
Allen sits at the sweet spot of the US-75 corridor, close enough to Plano's corporate campuses and far enough north to keep a small-city feel. Allen ISD consistently earns top ratings, and neighborhoods like Twin Creeks, Waterford Parks, and Montgomery Farm give families room to grow without sacrificing walkability. The Village at Allen draws shoppers from across Collin County, while newer mixed-use developments like The Farm are adding townhomes, dining, and trail networks that appeal to buyers who want suburban space with urban convenience.
Allen's housing market is balanced and predictable, a profile that appeals to both move-up buyers and long-term investors. Homes sell close to asking price, and seller concessions appear in more than half of transactions, giving buyers genuine leverage at the negotiating table. New construction townhomes from builders like CB Jeni, Drees, and Ashton Woods are filling in West Allen, adding inventory in the low-to-mid $400s that competes directly with resale. Meanwhile, established single-family neighborhoods from the late 1990s and early 2000s continue to trade in the mid-$500s with strong demand.
Flat year-over-year pricing in Allen is not stagnation; it is stability in a market that never overheated. The rise in new townhome inventory along the 121 corridor is quietly reshaping the entry-level segment, giving first-time buyers an Allen ISD address without a single-family price tag. Buyers willing to negotiate concessions are finding real value here, especially in established neighborhoods where original owners are finally ready to sell.
Zip Codes in Allen
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Market data last updated Apr 2, 2026, 12:22 PM CDT
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