McKinney Home Values
Texas
McKinney Market Snapshot
| Active 1,769 listings | New 504 30 days | Closed 329 30 days | Pending 39 30 days | Supply 5.5 months | Absorption 13.7% monthly | Over List 1.8% sold above | Under List 55.2% sold below | Concessions 58.8% % of solds | Avg Concession $10,554 seller paid |
Source: NTREIS MLS • Excludes leases • Jun 2026
McKinney Market Trends
Builder Inventory Stacks Up in McKinney
McKinney's housing stock spans a wide spectrum, from builder-heavy master-planned communities like Painted Tree, Craig Ranch, Tucker Hill, and Hidden Lakes to ag-exempt acreage properties minutes from the Historic Square. National builders including David Weekley, Toll Brothers, Drees, and Trophy Signature maintain active inventory across multiple subdivisions. Townhome communities in Craig Ranch and McKinney Ranch add density options, while Prosper ISD zoning pulls demand toward the city's western corridors. Renovation activity is heavy throughout older neighborhoods like Eldorado Heights, where quartz countertops, luxury vinyl plank, and updated fixtures have become the baseline expectation for resale competitiveness.
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.
Market Updates
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.
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Market data last updated Jul 1, 2026, 6:00 AM CDT · Editorial updated Jun 14, 2026, 7:11 PM CDT
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