Mckinney, TX 75071 Real Estate Market Report

ZIP Code: 75071
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in McKinney, TX, are averaging 6.46% as of May 2026, reflecting the prevailing market environment for property owners in this area.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The primary indicator of market value is the median sold price, which is $517,860, and recent transactions suggest seller expectations (median listing price $497,000) may present contextual pricing friction between asking and realized sale levels.

2. The market shows slower sales velocity with a median days on market 89, which, combined with elevated inventory relative to sales activity in the analyzed sample, suggests slower transaction volume that may lengthen time-to-close for sellers.

3. Pricing momentum is soft: the price year-over-year trend: down and rental pressure is also weakening with rent year-over-year trend: down, together implying cooling price and rent dynamics in the short term.

4. Affordability headwinds are elevated—current mortgage conditions (30-year fixed averaging 6.46% as of May 2026) and reported interest rate pressure: elevated may suppress buyer purchasing power and contribute to reduced demand even as median market rent remains $2,200 and median price per square foot is $217.

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Notable Properties

The following 2 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.