Plano Home Values

While Collin County's median closing price hovered near $203 per square foot this quarter, Plano's climbed to roughly $227 — a premium that has widened past ten percent, up from roughly five points back in spring. Based on MLS data for 2026-07 closings in Plano, the median sale price reached about $543K, well above the county's roughly $475K midpoint, and sellers received close to 98 cents on the dollar, edging past the county's typical rate. Just under a third of Plano transactions closed below list, a meaningfully smaller share than the county's pattern, while concessions appeared in just under half of closings here versus roughly six in ten countywide.

On the pipeline side, Plano's gap with the county has widened too. Months of supply sit near four and a half in Plano, well below the county's six-plus reading, and homes here are moving to contract in about three weeks versus more than four weeks countywide. Roughly one in five active Plano listings currently has a pending contract attached, compared with roughly one in eight across Collin County as a whole — a ratio that points to faster absorption in Plano even as new listings keep arriving at a similar clip to recent months.

The pace of Plano's market shifted notably this quarter. Based on MLS data for 2026-06 closings, homes that went under contract spent roughly three weeks at the closing stage — nearly double the pace recorded last quarter — a sign that transaction velocity has slowed even as median prices near $525K have held essentially steady. Sellers are still receiving close to 98 cents on the dollar, though that figure has slipped from the 99-cent rate that defined the previous period. About one in three closings settled below list, up from roughly one in four last quarter. Price per square foot registered near $225, flat against recent months, with the trailing 12-month trend reflecting a modest year-over-year price softening of about three percent.

Plano's pipeline tells a more cautious story. Pending contracts fell to roughly 440, down sharply from the 725 or so recorded last quarter, while active inventory held near 1,000 homes — pushing the pending-to-active ratio well below its prior reading. Months of supply edged up to around four and a half, approaching the threshold that historically shifts negotiating conditions toward buyers. New listings paced near 1,100 for the quarter, essentially unchanged, suggesting supply is not contracting — the slowdown is concentrated on the demand side of the pipeline.

At roughly $230 per square foot, Plano homes are trading at a meaningful premium to the broader Collin County market, where the equivalent figure runs closer to $218. Based on MLS data for April 2026 closings in Plano, the 758 transactions recorded over the trailing three months closed at a median of about $525K, with sellers receiving just over 99 cents on the dollar — a rate that outpaces the county benchmark by more than half a point. Roughly 3.6% of closings went above list price, while just under a quarter settled below, reflecting a market where pricing discipline continues to reward sellers who enter at market.

With months of supply at 3.5 in Plano against a county-wide 4.8, the city's pipeline is absorbing new supply at a noticeably faster pace. Pending inventory near 725 homes represents a healthy share of the active pool, and with median time to contract at 12 days versus 19 county-wide, demand is translating into contracts more quickly in Plano than across Collin County broadly. New listings over the period exceeded 1,100, suggesting supply is entering the market — but the pending-to-active ratio points toward continued absorption.