McKinney Home Values

Closed transactions in McKinney moved faster this quarter. Based on MLS data for July 2026 closings in McKinney, days on market fell to roughly 27 — down from June's near 30-day pace and well under the trailing twelve-month median above six weeks. Price per square foot held near $215, a step above Collin County's broader figure, while the median sale settled close to $521K. Sellers received almost 97-1/2 cents on the dollar at closing. Concessions still appeared in nearly six of ten deals, though the average size eased to roughly $10,300 from June's near $10,700. Four in ten closings settled below the original asking price.

McKinney's pipeline shows a narrowing gap between contracts and current activity. Pending inventory sits near 240 homes against roughly 1,770 active listings — a thinner ratio than earlier in the year — even as new listings continued arriving at a similar pace, near 1,600 for the quarter. Months of supply held near 5.5, slightly tighter than Collin County's comparable 6.1 figure. The combination suggests homes are closing quickly once under contract, but fewer are entering contract relative to what's on the market, a dynamic worth watching as new supply keeps pace with what's absorbed.

For McKinney sellers, the negotiating calculus shifted measurably in the most recent quarter. Based on MLS data for 2026-06 closings in McKinney, just over four in ten transactions settled below the original list price — a meaningful improvement from the trailing twelve-month rate, where more than half of deals closed at a discount. Price per square foot firmed to around $214, above the annual average, while the median sale came in near $513K. Homes moved in roughly 30 days at close, well below the twelve-month pace. Sellers still granted concessions in nearly six of ten transactions, averaging close to $10,700, but the list-price-received ratio edged above 97 cents on the dollar.

McKinney's pipeline carries roughly 5.6 months of supply — tighter than Collin County's comparable figure and a shift from the higher end of the range seen earlier in the year. Pending contracts represent less than a third of the active listing count, pointing to measured rather than urgent absorption. New listing volume in the recent quarter reached nearly 1,700 homes, maintaining a pace where incoming supply continues to outnumber pending activity. The DOM trajectory signals that well-priced homes are moving faster than the annual average, which may compress the window buyers have had to negotiate.

At roughly $211 per square foot, McKinney's closed-sale valuations carry a notable premium over the broader Collin County market, where the comparable figure runs near $198. Based on MLS data for May 2026 closings in McKinney, the median sale came in around $512K — roughly 13 percent above the county median. Sellers gave back about three cents on the dollar at closing, and concessions appeared in more than half of transactions, averaging roughly $10,500. Nearly half of closings settled below the original list price, while year-over-year pricing has softened in the mid-single digits over the trailing twelve months.

McKinney's pipeline currently shows roughly 6.2 months of supply — somewhat tighter than the Collin County figure near 6.8 months. With just over 1,500 new listings entering the market in the recent three-month window, incoming supply outpaced pending transactions by more than two to one, suggesting demand is not yet absorbing new inventory at pace. The pending-to-active ratio directionally points toward a measured rather than accelerating near-term market.