January's First-Time Homebuyer Report for McKinney

McKinney is a larger than average city in Texas with 131,117 residents. It's also the fastest growing, at a 10-year growth rate of 155.6%. 75070, 75071, and 75069 are its three most populated zip codes. McKinney is an area where most people own their homes, with an ownership ratio of 65.7%. Topping the list of best schools in the city is C T Eddins Elementary School.

Price Range

Some of the more expensive homes in Texas are in McKinney with a median home value of $166,500 and an average list price for available homes currently at $386,801. The most expensive places to live are 75013, 75071, and 75070. The McKinney remained below its 12-month average sales volume this week as sales fell 10.9% to hit 230 homes sold over the last 30 days.

Wonder which homes are generating the most buzz? Here are the most viewed listings in McKinney:

$2.8M   $974K   $550K  

Typical Dwelling

A four-bedroom detached home valued around $351,284 is considered a typical dwelling in McKinney. If a buyer was looking for a similar home, they would need good credit and a $70,257 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,811 and the property tax rate is $19.83 per $1,000 of taxable assessed value.

Get started right now by checking out McKinney homes for sale or reviewing McKinney real estate trends.

Data reported through 1/12/2017


Ask a local expert about this area:
Halo Group Realty
Snapped 30 homes in this area
Nord Realty
Snapped 769 homes in this area
Texas Urban Living
Snapped 8 homes in this area

Agents that specialize in this area
404 snaps in this area
44 snaps in this area
3 snaps in this area
32 snaps in this area
43 snaps in this area
4 snaps in this area
15 snaps in this area
5 snaps in this area
2 snaps in this area
4 snaps in this area
©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
with Facebook Sign-in with Twitter
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

with Facebook Sign-in with Twitter

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.