Navigating the McKinney, Texas Real Estate Market: A September 2025 Update for Homebuyers
As the housing market in McKinney, Texas continues to evolve, understanding current trends is essential for residential homebuyers, whether you’re a first-time buyer or looking to upgrade. This September 2025 market update provides valuable insights into the local real estate landscape, helping you make informed decisions.
Market Overview:
In the McKinney, Texas area, the residential real estate market is experiencing dynamic shifts. The current market is characterized by a 4.45-month supply of inventory, indicating a balanced market with opportunities for both buyers and sellers. However, inventory levels have seen a -2% change over the past month and a notable 23% increase over the past year, reflecting a growing availability of homes.
Pricing Trends:
The median list price for new listings stands at $465,000, while the median active list price is slightly higher at $515,000. For those exploring pending listings, the median list price is approximately $421,019, with homes typically spending around 53 days on the market before going under contract. The median sold price has decreased by 11% month-over-month to $445,000, with a sold-to-list price ratio of 96.84%, suggesting some negotiation flexibility for buyers.
Inventory and Supply:
With 567 new listings entering the market, McKinney presents a variety of options for prospective buyers. The slight dip in month-over-month inventory (-2%) suggests a competitive environment, emphasizing the importance of acting swiftly when you find a home that meets your needs.
Local Highlights:
McKinney offers a blend of modern living with historical charm. The city’s vibrant downtown area features unique shops and dining experiences, while the presence of major employers and excellent transportation options enhance its appeal. Outdoor enthusiasts will appreciate the numerous parks and recreational facilities, offering a variety of activities for residents.
Opportunities for Buyers:
For first-time and move-up buyers, the current market conditions in McKinney are ripe with opportunities. The increase in inventory over the past year provides a wider selection of homes, while the decrease in the median sold price may present favorable conditions for those looking to purchase. Prospective buyers should remain aware of the median days on the market and the sold-to-list price ratio to better strategize their offers.
Connect with a Local Expert:
Navigating the McKinney real estate market requires expert guidance. Marie Walton of Ebby Halliday REALTORS is here to assist you in exploring your options and making informed decisions tailored to your needs. Whether you’re a first-time buyer or looking to move up, contact Marie Walton at mariewalton@ebby.com for personalized insights and support in your home buying journey in McKinney, Texas.
Seize the opportunity to find your ideal home in McKinney, Texas, and secure your place in this dynamic community.
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Marie Sells Dallas 