Mckinney, TX 75071 Real Estate Market Report

ZIP Code: 75071
Report Date: April 2026
Market Temperature: COLD
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of April 2026, the housing market in McKinney, TX reflects a median sold price of $521,000, indicating a shift in market dynamics. The neighborhood has decreased 8% since 2022, suggesting a softening in buyer demand and price pressure. With elevated inventory levels and a median days on market of 171 days, the market appears to be experiencing slower sales velocity, which may indicate a growing gap between seller expectations and buyer willingness to pay.

The current median listing price stands at $504,495, which is slightly lower than the median sold price, further highlighting potential pricing friction. Elevated interest rates, currently around 6.59%, continue to exert pressure on affordability, contributing to a cold market temperature. As rental demand softens and economic fundamentals remain generally positive, the market is navigating a complex landscape characterized by excess supply relative to sales activity.

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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

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels 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 approximately 6.59% compared to an average of 5.71% in early 2026.

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 median sold price is $521,000, reflecting a notable decrease of 8% since 2022, indicating potential pricing challenges.

2. With a median days on market of 171 days, the market is experiencing slower sales velocity, suggesting a shift in buyer sentiment.

3. The median listing price of $504,495 is slightly below the median sold price, indicating potential pricing friction between sellers and buyers.

4. Elevated interest rates at 6.59% are contributing to a negative impact on affordability and overall market activity.

5. The market temperature is classified as cold, reflecting a trend of decreased buyer demand and softening rental market conditions.

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Notable Properties

The following 8 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.