Plano, TX 75074 Real Estate Market Report

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.

Market Metrics

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.

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.

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

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

Key Findings

1. median sold price (unavailable) — The median sold price is not provided in the supplied metrics, which may reflect limited recent closed-transaction reporting or a small sample of completed sales; without that figure, rely on listing and trend signals to gauge realized value and recent transaction activity.
2. median listing price: $450,000 coupled with median price per square foot: $212 — Current asking-levels indicate seller expectations at this price-density, but with the broader down price year-over-year trend, sellers may need to adjust pricing to match realized sale levels.
3. median days on market: 45 and elevated inventory relative to sales — A median of 45 days on market alongside excess supply relative to sales in the sample suggests slower sales velocity and increased negotiation leverage for buyers; price concessions or longer marketing windows may be required to maintain transaction flow.
4. median market rent: $1,754 and rents down, with financing pressure at 6.6% and elevated interest rate pressure — Rental income has softened year-over-year while higher mortgage rates at 6.6% are likely constraining buyer affordability, reinforcing the need for conservative pricing and targeting value-conscious buyers or investors.

Notable Properties

The following 3 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.