McKinney, Texas is located about 30 miles north of Dallas. Bordered by Frisco on the east and Plano and Allen on the north, McKinney is in Collin County and is approximately 63 square miles in area.
Let’s Learn More About Homes for Sale McKinney Texas
The average listing price for homes currently on the McKinney real estate sales market is $406,057. However, as one would imagine, there are a number of affordably priced homes offered at thousands of dollars less than the average price. In addition, McKinney has a wonderful selection of large, upscale executive homes in some of the most desirable neighborhoods in the greater Dallas area.
McKinney’s history dates back to 1849, when a large landowner donated 120 acres for a township to be formed. Up until the early 1970s, McKinney’s chief role was to serve as the major commercial center in Collin County. As the county seat, its primary focus was on the agribusiness industry.
Fast forward to the mid-1980s and McKinney has become a suburban and commuter cents for its residents who worked in nearby Plano and Dallas. Today McKinney’s population is estimated at approximately 160,000 and it’s still a popular address for many people who work in the Dallas metropolitan area.
Homes for sale in McKinney Texas feature roughly 1,000 properties on the market at any given time. From stately stone and brick offerings in private gated communities to condos and townhouse, the discerning homebuyer in this popular Texas real estate market has plenty from which to choose. In addition, McKinney also offers some good buys for first-time homeowners in the $125,000 to $150,000 price range. As always, our knowledgeable real estate professionals will be happy to assist you in finding necessary financing. There are a few attractive lending programs available in the mortgage market for first-time homebuyers.
If you’re looking for homes on larger lots of one acre or more, the McKinney real estate market features a number of offerings from which to choose. You may also be interested in available homesites ready for construction that vary in price according to size and location, but many are in the $60,000 to $75,000 price range.
New Homes for Sale McKinney Texas
The new home market in McKinney is hotter than a proverbial pistol. Based on housing start statistics, the greater Dallas area – including McKinney – is expected to see the construction of roughly 30,000 new homes this year. As a result of that growth, the area ranks #1 in the United States for single-family home construction starts. So don’t forget, when you’re doing an online search for “homes for sale McKinney Texas,” include the new construction opportunities, too.
McKinney is part of the Dallas/Fort Worth Consolidated Metropolitan Statistical Area. Economists, real estate developers and corporate executives have long considered McKinney as one of the top areas in the country for business growth and further development.
Home Price Increases
It’s certainly no secret, the greater Dallas area has seen home price increases of 15% or more in the past year. Most recently, the area was ranked No. 3 in the country for home price gains, according to one major real estate tracking company. In addition, Zillow predicts prices will continue to rise this year by estimates of 5% or better.
So, what do the gains in home prices mean to you? Several things, actually. If you buy one of the homes for sale in McKinney Texas, chances are – based on recent statistics – it will probably be a good investment. While nothing in life – or real estate – is guaranteed, we’ve seen properties appreciate in recent years, which makes for satisfied buyers. In addition, even though prices have risen in the Dallas area recently, there may be distinct advantages in nearby areas like McKinney where prices are more affordable. That could potentially mean the best of both worlds, buying a house at a price that’s easier to afford by getting more home for the money, and being in a position to enjoy home appreciation rates higher than the national average.
As you begin your search for “homes for sale McKinney Texas,” you’ll be pleased to know the area is home to quality schools. The McKinney Independent School District is one of the fastest growing school districts in the state of Texas. The school system currently is comprised of 20 elementary schools, 5 middle schools and 3 high schools. Plus, the area features an early childhood center and alternative education centers.
Potential homebuyers in McKinney should also know the community's level of support for education has always been high. An example is the a school bond referendum held in 2011, when almost 90% of voters supported the program funding the expansion of an existing high school, construction of a new middle school, four new elementary schools and an investment by the school district of more than $25 million for new technology throughout the schools.
No doubt, for prospective home purchasers with school aged children this is just one more reason McKinney should be near the top of your list of communities to consider.
In summary, at the risk of sounding boastful, nobody knows the McKinney real estate market like the experienced real estate professionals of Nu Home Source Realty. Our knowledgeable agents spend hours researching the latest trends in the marketplace, and they’re experts on what’s selling in McKinney and at what price. And that’s an important point often overlooked by some prospective home buyers and even some real estate firms.
You see, at Nu Home Source Realty LLC our goal is not to simply sell you a home – our goal is to assist you in finding the right home that best meets your family’s needs and budget. To that end, we like to say that we’re both working for the same result – to match what you’re looking for in a home with the best homes at the most attractive prices. Through the years, we at Nu Home Service Realty LLC have been fortunate to assist hundreds of home shoppers become homeowners. We would love to add you to the growing list of satisfied clients we’ve been privileged to serve.
Call us today at 1-866-761-5217. We’ll meet with you and discuss what you’re looking for in the McKinney real estate market. Then we’ll work diligently to provide you with the homes that best meet your criteria. When you’re ready to conduct an actual visit, we’ll arrange it and accompany you every step of the way – with as many aspects of the home buying process as we can. If you need financing recommendations, we can assist with that, too. We have a great working relationship with a number of knowledgeable mortgage lenders who’ll work to provide you the best financing available for the purchase of your new McKinney home.
We hope you’ll give us the opportunity to be of service to you in your home search in McKinney or the surrounding communities in which we specialize. Let’s get started. We’re ready to help!