Plano Home Values

Price discovery in Plano drifted lower this quarter. Price per square foot eased to near $222, the softest reading in the recent run, and the median sale price settled around $518K, a few percent under last month's mark. Based on MLS data for 2026-10 closings in Plano, sellers still collected about 98 cents on the dollar, but concessions touched roughly half of closings and averaged close to $8,000. About four in ten sales closed below list, and homes typically closed in under four weeks. With trailing-year prices down nearly four percent, Plano's premium over Collin County's roughly $199 per square foot has narrowed only slightly.

Plano's pipeline looks steadier than its prices. Active inventory held near 1,000 listings, and months of supply sat just under five, against better than six across Collin County, keeping conditions mildly tilted toward buyers without tipping into surplus. Pending contracts hovered near 100, little changed from the prior month, while new listings kept arriving at roughly 890 for the quarter. Time to contract stayed under four weeks, well ahead of the county's six-week pace, suggesting demand is absorbing supply even as pricing softens.

Plano's price per square foot held near $225 this quarter, still running roughly twelve percent above Collin County's broader median — a premium that has persisted across multiple quarters even as the city's own numbers eased slightly. Based on MLS data for 2026-09 closings in Plano, the median sale price slipped to about $532K, sellers continued to receive close to 98 cents on the dollar at closing, and concessions touched just under half of transactions — all outperforming or matching the county's typical pattern. Roughly one in three closings settled below list, little changed from recent months, suggesting Plano's pricing edge over the county is structural rather than seasonal.

Plano's pipeline continues to run tighter than the county's. Months of supply sit at five in the city, versus better than six countywide, and pending contracts represent roughly one in ten active Plano listings — a notably fuller share than the roughly one in fifteen ratio holding across Collin County. New listings kept arriving at a steady clip alongside active inventory that held flat, suggesting the tighter absorption reflects genuine demand rather than a shrinking pool of available homes for sale.

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.