McKinney Homes for Sale
Search McKinney Homes for Sale. Search the MLS like a Realtor. Call or text Bob now for the best deals 214-263-0816.
Is this the Right Time to Buy?
If you’re wondering if it’s the right time to buy a home, you should know you have an opportunity to grow your wealth, stabilize your expenses, and benefit from more options for your home search this fall.
What are many enjoyable things to do in McKinney, TX?
McKinney offers a variety of enjoyable activities for visitors and residents alike. Here are some popular things to do in McKinney:
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Historic Downtown McKinney: Explore the charming downtown area with its preserved historic buildings, boutique shops, art galleries, and restaurants. It’s a great place to stroll, shop, dine, and enjoy the vibrant atmosphere.
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Heard Natural Science Museum & Wildlife Sanctuary: Discover the wonders of nature through interactive exhibits, gardens, and trails. The sanctuary features hiking trails, native wildlife, and a dinosaur exhibit.
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Chestnut Square Historic Village: Step back in time at this living history museum, which showcases restored homes, a chapel, a schoolhouse, and other structures from the 19th century. You can take guided tours and participate in special events.
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Visit Local Wineries and Breweries: McKinney has a growing wine and craft beer scene. Explore wineries such as Mitas Hill Vineyard or enjoy a craft beer tasting at Tupps Brewery or Franconia Brewing Company.
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Outdoor Recreation: Enjoy the natural beauty of McKinney by visiting parks like Erwin Park or Towne Lake Recreation Area, where you can go hiking, biking, fishing, or have a picnic.
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Art and Culture: Explore McKinney’s art scene by visiting the McKinney Performing Arts Center or taking part in the monthly Second Saturday Art Walk. The arts district showcases local talent through galleries, theaters, and live performances.
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Oak Hollow Golf Course: Golf enthusiasts can play a round at this scenic 18-hole golf course that offers challenging fairways and beautiful surroundings.
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Chestnut Square Farmers Market: Every Saturday morning, you can browse the farmers market to find fresh produce, artisanal products, and locally made goods.
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Annual Events: McKinney hosts several popular annual events, such as the Krewe of Barkus Mardi Gras Dog Parade, the Oktoberfest celebration, and Home for the Holidays, a festive event during the winter season.
These are just a few examples of the many enjoyable things to do in McKinney, TX. Whether you enjoy history, nature, or recreation, there is something for everyone to enjoy in this vibrant city.
What are the most popular places to eat in McKinney?
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Local Yocal – a farm-to-table steakhouse that sources its meat from local ranchers.
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Rye – a restaurant and bar that serves Southern-inspired dishes, including fried chicken and waffles and shrimp and grits.
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Hutchins BBQ – a family-owned restaurant that serves Texas-style barbecue with all the classic sides.
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Harvest Seasonal Kitchen – a farm-to-table restaurant that sources its ingredients from local farmers and ranchers to create seasonal menus.
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Sugarbacon Proper Kitchen – a modern restaurant that serves comfort food with a twist, including bacon-wrapped meatloaf and duck confit.
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Square Burger – a casual restaurant that serves burgers, fries, and milkshakes in a fun, retro atmosphere.
- Rick’s – a five star restaurant for the best service and food in North Texas. Their steaks are delicious.
These are just a few of the many great restaurants in McKinney, TX, and there are many other options available depending on your taste and preferences. It is always a good idea to read reviews, check out menus, and ask locals for recommendations to help you make your decision.
A Little About McKinney
“When you have what everybody wants, they’re gonna come,” says McKinney mayor George Fuller as quoted by D’Magazine.. “So how do you manage that growth in a way that preserves the small-town feel that everyone loves about it?” Well, you create a Tax Increment Reinvestment Zone (TIRZ) that surrounds the 175-year-old downtown, reinvest some of the money in the rehabilitation of old buildings, mandate that developers include plenty of parks and open spaces, and institute a tree ordinance that is tougher than most. The result? A downtown that’s even more quaint than it was when the movie Benji was filmed here 50 years ago.
But just because it’s cute doesn’t mean this town is stuck in the past. SiFi Networks is investing $100 million to bring an open-access fiber network to every neighborhood, and plans are afoot at the McKinney National Airport to start offering commercial passenger service to such destinations as New York, California, Colorado, and Florida, optimistically starting in 2026 (pending passage of a $200 million bond package this month).
Too modern for you? Adriatica Village is a 45-acre development modeled after a timeworn Croatian fishing village. Nestled between three golf courses, it includes custom homes, apartments, and a complex for the 55-and-over crowd. Mayor Fuller happens to be the managing construction partner for the project.
“You know, we don’t have Starbucks on the square; we have Filtered. We don’t have The Original Pancake House; we have Layered. We don’t have a big chain steakhouse; we have Rick’s. Everyone plays a very significant role, from the elected body to the residents that occupy the buildings. We all have the same goal, and that is to fiercely protect the historic downtown.”
Hit the Square
Start with coffee at Filtered and an orange cardamom morning bun at Bresnan Bread & Pastry. Barrons Estate Jewelers has squash blossom necklaces and vintage engagement rings, and Soho McKinney, hidden just down the stairs, has Egyptian cotton shirtdresses and French linen pants. Lunch is brisket on a biscuit at Patina Green Home and Market, followed by a little shopping for cast-iron kitchenware at Ettiene Market.
Go With the Grain
After outgrowing its old space, Tupps Brewery has been renovating the historic McKinney Grain site, where they will have a new taproom, restaurant, outdoor stage, beer garden—even pop-up shops inside converted grain bins.
About Those Indoor Courts
Junior Wimbledon champ Liv Hovde hails from McKinney, where she once trained at the Courts of McKinney Tennis Center with coach Matt Hanlin. Back in Hovde’s day, the public facility already had an ample pro shop, 23 tennis courts, six pickleball courts, and year-round leagues and lessons. But they’ll soon be adding an $11 million six-court indoor facility to rival Life Time Plano’s.
Would you like to look for a new home in McKinney or in its historic district? Please call me as I know the city well. Bob Smith 214.263.0816
Market Recap for McKinney Homes for Sale- May 2023
Redfin – The McKinney housing market is very competitive. Homes in McKinney receive 4 offers on average and sell in around 19 days. The median sale price of a home in McKinney was $516K last month, down 7.9% since last year. The median sale price per square foot in McKinney is $220, down 6.2% since last year.
How Hot is the McKinney housing market? Many homes get multiple offers, some with waived contingencies. The average homes sell for around list price and go pending in around 22 days. Hot homes can sell for about 3% above list price and go pending in around 13 days.
Market Recap for McKinney Homes for Sale- April 2023
- Home builder confidence rose for the fourth consecutive month in April, climbing from 44 to 45 on the National Association of Home Builders (NAHB) housing market sentiment index. This is the highest level in seven months. The present single-family sales component on the index climbed from 49 to 51 while the component for single family sales in the next six months climbed three points to a level of 50, which is the highest level in almost a year.
- After soaring over 15% in February, building permits slumped a composite 8.8% month-over-month in March. Single family-permits, however, jumped 4.1% month-over-month. Total housing starts slipped 0.8% while single-family starts climbed 2.7%. Though overall starts and permits declined, the positive trend for single-family housing is a sign of housing market stabilization, according to experts.
- Existing home sales slipped 2.4% month-over-month in March, giving existing home inventory a much-needed chance to increase. The median existing home sales price declined annually.
McKinney Housing Market Trends By Real Estate Portal – March 2023
Redfin – In March 2023, McKinney home prices were down 5.0% compared to last year, selling for a median price of $518K. On average, homes in McKinney sell after 31 days on the market compared to 14 days last year. There were 233 homes sold in March this year, down from 243 last year. Some homes get multiple offers. The average homes sell for about 2% below list price and go pending in around 35 days. Hot homes can sell for about 1% above list price and go pending in around 16 days.
Rocket Homes – The median list price of homes in McKinney is $511,127, up 20.3% over last year. In March 881 homes were for sale in McKinney, up 24.4% and their average listing age was 59 days, down almost 10%.
Zillow – McKinney Home Values was $501,330, down 1.3% from last year. JHOme sold for 98.7 % of list value and 17.3% were over list price with 67% under list price. Days on the market were 20 days.
McKinney Housing Market Trends By Real Estate Portal – January 2023
1. The Number of Homes for Sale Is Increasing. Search for the best deals on homes in McKinney.
While the number of homes for sale is still low compared to pre-pandemic norms, there is good news for your home search. The number of homes for sale has grown considerably this year. As the National Association of Realtors (NAR) says:
“It’s very promising that housing inventory is improving. There are nearly 30% more homes available for sale compared to January.”
If you begin your search now and work with me as I know the traffic patterns and area, you’ll be in a great spot to benefit from the additional options I can provide to help you find your dream home.
2. Home Prices Are Appreciating More Moderately
If you’re waiting to buy because you think home prices will fall, you should know experts say that’s not projected to happen. According to the latest forecasts, experts project home prices will keep appreciating nationally, just at a more moderate pace than they did over the past year.
The good news is, once you do buy a home, any ongoing appreciation will help grow the value of your investment.
3. Home ownership Can Grow Your Wealth
Once you own a home, you’ll own a tangible asset that typically grows in value over time. As home prices appreciate, and as you pay your monthly mortgage payment, you’ll build equity in your home. This gives your own net worth and stability a boost. As Freddie Mac says:
“Building equity through your monthly principal payments and appreciation is a critical part of home ownership that can help you create financial stability.”
4. Buying a Home Helps Shield You from Rising Costs
Census data shows the median monthly rent is consistently going up (see chart below) and has been since the late 1980s. To escape rising rents, consider purchasing a home so you can stabilize your monthly housing payment. Home ownership allows you to lock in what’s typically your largest monthly expense: your housing payment.
To find a home, my search tool provides you several ways to search for a home. You can search by a Map Search or MLS ID Search or the more detailed Advanced Search where you have all of the MLS variables like Square feet, location, size of lot, price variable, bathrooms and location.
Don’t forget to search for McKinney’s rich inventory of Historical Homes.
To search for McKinney Homes for Sale and view Buyer video tips or discussions on the important of location or steps in buying a home here is a easy link on our website
There is a lot to understand about buying a home. Call me. I can help. 214-263-0816
McKinney Homes for Sale Housing Market Trends By Real Estate Portal – February 2023
The major Real Estate Portals have made the following statements.
Redfin – On average, homes in McKinney sell after 56 days on the market compared to 18 days last year. There were 105 homes sold in January this year, down from 158 last year. The McKinney housing market is somewhat competitive. Nationwide, Redfin’s first major prediction is that home sales will drop about 16% in 2023, landing around 4.3 million. Newly-built homes are also predicted to decline around 20%..
Zillow.com – The average McKinney home value is $495,195, up 1.5% over the past year and goes to pending in around 29 days. The median listing home price in McKinney, TX was $495.1K. Average sale had a .985 median sales to list ratio and sales were 15% of sales over list. Median days on the market were 29.
Realtor.com -There are 1074 active home listings and 60 new homes for sale in McKinney, TX. The median listing home price in McKinney, TX was $520K in February 2023, trending up 9.5% year-over-year. The median listing home price per square foot was $216. McKinney, TX is a balanced market in February 2023, which means that the supply and demand of homes are about the same
McKinney Homes for Sale Housing Market Trends By Real Estate Portal – January 2023
The major Real Estate Portals have made the following statements.
Redfin – In January 2023, McKinney home prices were down 4.2% compared to last year, selling for a median price of $480K. On average, homes in McKinney sell after 56 days on the market compared to 18 days last year. There were 105 homes sold in January this year, down from 158 last year. The McKinney housing market is somewhat competitive. Homes in McKinney receive 3 offers on average and sell in around 49 days. The average sale price of a home in McKinney was $470K last month, down 5.0% since last year. The average sale price per square foot in McKinney is $210, down 4.1% since last year.
RocketHomes.com – McKinney is a city in Texas and consists of 20 neighborhoods. There are 521 homes for sale, ranging from $102K to $13.8M. The median listing home price in McKinney, TX was $499.9K in January 2023, trending up 19.9% year-over-year. On average, homes in McKinney, TX sell after 61 days on the market. The trend for median days on market in McKinney, TX has gone up since last month, and slightly up since last year.
Realtor.com -There are 1074 active home listings and 60 new homes for sale in McKinney, TX. Homes in McKinney, TX were selling for a median price of $465,000 in December 2022. On average, homes in McKinney, TX sell after 674 days on the market compared to 261 days last year.
McKinney Housing Market Trends By Real Estate Portal – December 2022
The major Real Estate Portals have made the following statements.
Redfin – In December 2022, McKinney home prices were down 1.2% compared to last year, selling for a median price of $476K. On average, homes in McKinney sell after 43 days on the market compared to 22 days last year. There were 162 homes sold in December this year, down from 233 last year.
Realtor.com – McKinney is a city in Texas and consists of 20 neighborhoods. There are 1,005 homes for sale, ranging from $98K to $13.8M. The median listing home price in McKinney, TX was $524.9K in December 2022, trending up 15.5% year-over-year. The median listing home price per square foot was $214. McKinney, TX is a balanced market in December 2022, which means that the supply and demand of homes are about the same. On average, homes in McKinney, TX sell after 61 days on the market. The trend for median days on market in McKinney, TX has gone up since last month, and slightly up since last year.
Movoto -There are 1044 active home listings and 60 new homes for sale in McKinney, TX. Homes in McKinney, TX were selling for a median price of $465,000 in December 2022. On average, homes in McKinney, TX sell after 674 days on the market compared to 261 days last year. 754 homes were sold in McKinney, TX in December 2022, up from 376 last year.
McKinney Housing Market Trends By Real Estate Portal – November 2022
The major Real Estate Portals have made the following statements.
Redfin – In November 2022, McKinney home prices were up 7.0% compared to last year, selling for a median price of $490K. On average, homes in McKinney sell after 35 days on the market compared to 17 days last year. There were 134 homes sold in November this year, down from 261 last year.
Zillow – McKinney home values average $550,098, up 22.4% from last year. 29 % of sales were over list price and 48.6 % of sales were under list price. Days on the Market were 23.
Movoto – There are 1037 active home listings and 63 new homes for sale in Mckinney, TX. Homes in McKinney, TX were selling for a median price of $499,250 in November 2022. On the average, homes in sell after 27 days on the market compared to 230 days last year. 348 homes were sold in November 2022, up from 211 last year.
McKinney Housing Market Trends By Real Estate Portal – September 2022
The major Real Estate Portals have made the following statements.
Redfin – In August 2022, the McKinney housing market is very competitive. Homes in McKinney receive 6 offers on average and sell in around 25 days. The average sale price of a home in McKinney was $532K last month, up 18.2% since last year. The average sale price per square foot in McKinney is $223, up 18.6% since last year.
Realtor.com – The median listing home price in McKinney, TX was $551.6K in September 2022, trending up 22.8% year-over-year. The median listing home price per square foot was $222. On average, homes in McKinney, TX sell after 51 days on the market. The trend for median days on market in McKinney, TX has gone up since last month, and slightly up since last year.
Zillow -Typical Home Values: $552,758. 1-year Value Change: +27.9%
Homelight – The median home price in McKinney is $475,000, up 14.1% since February 2021. But compared to January 2022, McKinney’s median home price has dropped by 6.7%. The current sales-to-list ratio in McKinney is 1.1, suggesting that homes are selling for more than the listed price.
As you can tell from the statements made by the real estate portals, pricing a home can be confusing. That’s why it’s essential to consider hiring the right real estate professional to assist you. Nowadays, the average consumer has a wealth of information available. You don’t need an agent to give you data; you need the right agent to interpret the data for you. By having the right information, you can make an informed decision that can save you thousands of dollars and hours of your time!
Reach out to us! We can save you considerable time in your home search – Bob Smith 214.263.0816