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 Homes For Sale offers a variety of enjoyable activities for visitors and residents alike. Here are some popular things to do in McKinney.
Every year the city has the 4th of July event, McKinneys Red, White and Boom, July 3 – 4 weekend.
There is so much to see and do.
Please take time to visit the Historic Downtown McKinney on The Square. The Square is 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. The Square is a great place to meet new friends.
Recommend you discover the wonders of nature through interactive exhibits, gardens, and trails at the Heard Natural Science Museum & Wildlife Sanctuary. The sanctuary features hiking trails, native wildlife, and a dinosaur exhibit and various classes on nature and outdoor education.
A fun time is a venture to the Chestnut Square Historic Village just off The Square and then 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 and hold your McKinney events like meeting for the McKinney Neighborhood Historical Association. If you like in the historic part of McKinney, the association is a great place to meet your neighbors and share ideas on maintaining your historic home. Every Saturday morning, you can browse the Chestnut Square Farmers Market to find fresh produce, artisanal products, and locally made goods. Notice the free ice cream celebration every July.
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.
McKinney has a number of parks where a family can 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.
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.
For the golf enthusiasts, one can play a round at the Oak Hollow Golf Course which is a scenic 18-hole golf course that offers challenging fairways and beautiful surroundings. McKinney has a number of golf courses and the PGA’s new headquarters in next door in Frisco and Heritage Ranch Pro Level Golf Course in Fairview, again next door.
Annual Events:
The McKinney Homes for Sale area 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. How about a free ice cream social? Check out the annual McKinney’s Ice Cream Celebration in July.
More on the McKinney annual Oktoberfest –
McKinney’s annual 14-block beer garden features Hofbrau, an authentic German beer, as well as beer from McKinney’s TUPPS Brewery. All of our 21-and-up patrons can try multiple German flavors and styles, learn more about craft beer during the free Brewmaster sessions by TUPPS, participate in the beard and mustache competition, or test their strength in the Hofbrau stein-holding competition. 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.
New this year is the Blue Box VIP Biergarten. This experience offers a special retreat from the bustle of the festival, featuring exclusive craft beer not found anywhere else at Oktoberfest, delicious food offerings by Rye, live beer hall-style music, and VIP exclusive restrooms.
There are plenty of fun options for families. Enjoy carnival rides, a petting zoo, face painting, a rock climbing wall and weenie dog races. Some activities require a nominal fee. Learn more.
Oktoberfest is now ticketless, and credit cards and digital pay options are encouraged.
Shuttle service
Free shuttle service is offered every 15 minutes from First Baptist Church of McKinney, 1615 E. Louisiana St. Near 75 and Louisiana. Shuttles will also deliver riders to the west end of Mitchell Park.
There are a ton of fun things to do in the McKinney Home for Sale area. Whatever your passion, architecture, its history, nature, or recreation, there is something for everyone to enjoy in our great little town.
What restaurants in the McKinney Homes for Sale area are the most well-liked ones?
A farm-to-table steakhouse in Yocal that buys its meat from nearby ranches is called Local Yocal.
Fried chicken and waffles and shrimp and grits are just a couple of the Southern-inspired delicacies available at Rye, a restaurant and bar.
Family-run Hutchins BBQ delivers very tasty Texas-style barbecue with all the traditional sides. This is one restaurant you need to place on your bucket list of things to do when you are in McKinney.
Farm-to-table restaurant Harvest Seasonal Kitchen gathers its products from nearby farmers and ranchers to produce seasonal dishes.
Modern eatery Sugarbacon Proper Kitchen delivers comfort food with a contemporary twist, such as bacon-wrapped meatloaf and duck confit.
In a quirky, nostalgic setting, Square Burger located on The Square is a casual eatery that serves burgers, fries, and milkshakes.
North Texas’ greatest restaurant for bot service and food is Rick’s Chophouse, a five-star establishment also on The Square. There are a number of amazing things they provide. First off are their steaks! They are WONDERFUL! And, the service is simply over-the-top. This is another bucket list item.
These are just a few of the many great restaurants in McKinney and there are many other options available depending on your taste and preferences. Take some time and explore The Square. There is something for everyone. I live in the historic district so give me a call and we can talk McKinney.
A Little About McKinney
When you have what everybody wants, they’re gonna come. 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.
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. You will love it! Come on! What are you waiting for?
The McKinney Homes for Sale area is just waiting on you to come take the adventure. Call me as I live in the historic district , wear the T-shirt and I know McKinney area very well. Bob Smith 214.263.0816
Hit the Square
We have talked about The Square all through this blog. To start your tour, go and have 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.
Tennis Anyone?
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.
How Your Home Equity Can Help with Affordability
If you want to move, your equity can make a big difference right now. Let’s connect to see how much you have. I will run some comps to come up with a realistic sale value then subtract your mortgage balance and you have a close idea of what funds are available for your new home purchase. Downsizing? With your equity, your new home may be paid for .. sweet!
Have a lot of Equity in your home? Check out the video. Watch Now
Here are a few serious advantages of owning a home in McKinney
This is a fact – Owning a home can increase your wealth.
You will possess a material possession that normally increases in value over time after you own a property. You will increase your home’s equity as home values rise and as you make your monthly mortgage payment. This increases your personal stability and wealth. According to Freddie Mac says:
“A crucial aspect of home ownership that can assist you in attaining financial stability is building equity through your regular principal payments and appreciation.”
You Can Avoid Increasing Costs by Purchasing a Home.
The median monthly rent has been continuously increasing since the late 1980s, according to census data (see chart below). To avoid rising rents and guarantee your monthly housing payment, think about purchasing a property. When you own a home, your housing cost, which is frequently your largest monthly expense, can be fixed.
My search tool gives you a number of options for how to look for a property. You have the option of conducting a Map search, MLS ID search, or a more thorough Advanced Search, which includes all MLS variables including square footage, location, lot size, price variable, bathrooms, and location.
More on the Historic District.
Don’t forget to search for McKinney’s rich inventory of Historical Homes.
I live in the district and I am a Historic House Specialist (HHS) certified by Preservation Dallas.
Charlie and I Highly recommend you consider living in the Historic District of McKinney. You then will be within easy walking distance of our wonderful McKinney Square where all kinds of vendors, restaurants and shopping can be found – you’ll love it! We do!!!
Places we enjoy are the The Celt Irish Pub, Spoons Cafe, Cadillac Pizza Pub, and the best steak you ever ate found at Ricks Chophouse. In case you are wondering who Charlie is .. you can see him in the picture above. Since we both have on yellow shirts, he is on the right with the big smile.
If you haven’t considered the romance of a home built in more peaceful times, think about living in the slower paced lifestyle our parents and grandparents loved. Large yards, wrap around porches, big rooms with high ceilings and homes with style and presence boldly stating its individuality.
This is the life. Come give it a try. Please call me 214.263.0816 as I know these homes very well and I may know of a few homes not yet on the MLS.
To search for McKinney Homes for Sale and view, Buyer video tips or discussions on the importance of location or steps in buying a home here is an easy link on our website
Call me. There is a lot to understand about buying a home. I am just a phone call away.
Bob Smith 214-263-0816
McKinney Homes for Sale Housing Market Trends By Real Estate Portal – October 2023
Rocket Homes – The median home list price in McKinney was $529,080 in October 2023, up 5.8% from the previous year, and the median price per square foot was $223. McKinney housing prices by bedroom type for October 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 9.3%, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 5.2%. The McKinney real estate market had 742 homes for sale in October 2023, a 2.6% increase compared to September 2023. The McKinney housing inventory by bedroom type for October 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 4.8%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes increased by 3.7%. Homes in McKinney had an average listing age of 59 days in Oct 2023, down by 54.6% compared to the previous year.
movoto – There are 1224 active home listings and 49 new homes for sale in Mckinney, TX and they were selling for a median price of $567,945 in October 2023. On average, homes in Mckinney, TX sell after 64 days on the market compared to 95 days last year. 566 homes were sold in Mckinney, TX in October 2023, up from 1075 last year. Mckinney, TX is part of the Collin County R-1 School District, with 48 Elementary Schools, 18 Middle Schools, and 15 High Schools.
RealtyTrac – Real estate market trends reflect that there have been 4,639 transactions over the past year in Mckinney. The median value for residential home transactions that occurred over the previous year is $518,224.48. The number of current listings in Mckinney is 422, and the percentage of properties for sale in the city is 422.00%. Mckinney, TX currently has 107 properties in foreclosure, 2 bank owned properties, 105 properties headed for auction, and 422 properties for sale. On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Market Recap for McKinney Home for Sale – August 2023
Redfin – The McKinney housing market is very competitive. Homes in McKinney receive 4 offers on average and sell in around 27 days. The median sale price of a home in McKinney was $525K last month, up .0% since last year. The median sale price per square foot in McKinney is $223, up 0.4% since last year.
What is the housing market like in McKinney today? In August 2023, McKinney home prices were up .0% compared to last year, selling for a median price of $525K. On average, homes in McKinney sell after 27 days on the market compared to 26 days last year. Looking at McKinney Homes for Sale, there were 225 homes sold in August this year, down from 248 last year.
Rocket Homes – The median list price of McKinney home was $526, 185, The list price of homes in McKinney has increased by 6.7% since last year.
McKinney housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 7.1%. The McKinney real estate market had 819 homes for sale in August 2023, a 7.4% decrease compared to July 2023. Homes in McKinney had an average listing age of 58 days in Aug 2023, down by 49.2% compared to the previous year.
Market Recap for McKinney Home for Sale – July 2023
Collin county where McKinney is located has had 426 new listings. Pending sales are 394 homes with 368 closed. Home sellers have received 98.2 % of their list price with the median time on the market being 14 days. Home inventory is at 2.2 months supply.
Interest rates for 30 year conforming loans have dropped by about a quarter point in the last several weeks, a little lower then one month ago to 6.9 %. 30 year FHA loans have dropped in the lst two weeks to about 6.7%.
Tough buyer market: In June, home prices reached their highest point of 2023 so far, due to limited inventory and strong demand. The median price for an existing home was $410,200, the second-highest ever recorded, behind only June 2022. Home sales declined by 3.3% to an annual rate of 4.16 million, the slowest rate for June since 2009.
Builder confidence: Despite rising interest rates and construction costs, confidence among single-family builders rose higher in July. The National Association of Home Builders (NAHB) sentiment index rose for the seventh straight month amid increasing demand. With confidence at its highest since June 2022, builder incentives have declined.
Think positive: The rate of building starts increased to 1.44 million homes in June, completing the first quarterly gain in over two years. With historically low inventory levels and record-high home prices, an influx of demand could push home prices up further, though this could be offset if construction accelerates in supply-starved markets.
Unspoken truth: Declines in the 20% to 25% range keep cropping up across both supply and demand measures, as a substantial portion of normal buyers/sellers have virtually vanished, locked into mortgage rates around 3%. Handcuffed by these ultra-low rates, they are not buying a new home, nor selling their old ones. All sides of the housing market lose business.
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.
Market Recap for McKinney Homes for Sale – 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 Homes for Sale Housing Market Trends By Real Estate Portal – January 2023
There are more houses available for purchase. Look around for the best offers on McKinney houses.
There is positive news for your home hunt even though there aren’t as many houses for sale as there were before the pandemic. This year, there are more houses for sale than ever before. According to NAR, the National Association of Realtors:
“The increasing housing inventory is really encouraging. Compared to January, there are about 30% more houses for sale.
You’ll be in a terrific position to take advantage of the extra alternatives I can offer to help you find your dream house if you start your search right away and work with me because I am familiar with the neighborhood and traffic patterns.
Home prices are rising moderately more.
If you are delaying a purchase because you believe that home prices will decline, you should be aware that this is not anticipated to occur. The latest predictions from experts predict that housing prices will continue to rise nationwide, just more slowly than they did in the previous year.
The good news is that any continued appreciation after you do purchase a home will assist increase the value of your investment.
McKinney Homes 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. McKinney Homes for Sale
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. McKinney Homes for Sale
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!
When searching for the latest McKinney Homes for Sale, reach out to us! We can save you considerable time in your home search – Bob Smith 214.263.0816