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City of McKinney – Texas

Quick Facts and Real Estate Data

City of McKinney Texas is the ninth largest city in Metroplex with a population of 179,804 people (January 2018). In 2014 was ranked by Money magazine the number one  in the list of Best Places To Live In The Country. McKinney’s employment opportunities are robust, sparing many residents a rush-hour drive of up to an hour to Dallas. Defense contractor Raytheon has a 3,700-person division here, and a mix of businesses in financial services, medical technology, and eco-friendly manufacturing are moving in.

McKinney Quick Facts:

Median Family Income: $107,046
Median Home Price:%279,400
Elevation: 596 feets above sea level
Land Area: 62.21 square miles
Standard ZIP codes: 75069, 75070, 75071

Unemployment: 3.7%

Average commute time: 28 minutes

Collin County Regional Airport has a new runaway: 7,002 feet long and 150 feet wide.  The width and weight-bearing capacity can accommodate larger, heavier aircraft, including commercial jets.

Data as of 12/29/2017

  • 3,621 homes sold in 2017
  • Median sale price: $320,000
  • Average marketing time: 44 days
  • Close price by List price ratio: 98.83%
  • Highest price paid for a house: $1,250,000
  • Lowest price paid for a house: $77,000
  • Average home GLA: 2,636 sf.
  • 10 foreclosure sales – median sale price: $228,000
  • Current active listings: 734
  • Median listing price (active listings): $399,320
  • Homes under contract (different stages): 252

Data as of 08/14/2017

  • Current active listings (not contingent, option or pending) – 963
  • Median listing price – $395,193
  • Average marketing time – 67 days
  • All sales for 2016 – 3,574
  • Median sale price in 2016 – $295,000. Average home GLA: 2,621 sf
  • Average marketing time – 36 days
  • 10 foreclosure sales with a median sale price of $220,124. Average home GLA: 2,466 sf

Data as of  01/24/2016

  • Current active listings – 356
  • Median listing price for active listings – $401,362
  • Average marketing time active listings – 85 days
  • All sales for 2015 – 3,612
  • Median sale price in 2015 – $275,000
  • Average marketing for sold listings in 2015 – 37 days

Data as of 10/22/2015

  • 2938 homes sold in 2015
  • Median sale price: $275,000
  • 477 Active listings
  • Median listing price: $359,000
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