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Office Locations
Home Office:
The Dunnican Team
9106 Royal Burgess Dr
Rowlett TX 75089
Rockwall Office:
Coldwell Banker Apex, Realtors®
2555 Ridge Road #144
Rockwall TX 75087
By the Numbers
Curious about what the market’s doing in your neighborhood? Whether you’re thinking of buying, selling, or just staying informed, our local real estate market updates help you make smarter decisions. Below, you'll find the latest stats, trends, and expert commentary—broken down by county, city, and even neighborhood. This page is updated monthly with insights from The Dunnican Team’s on-the-ground expertise.
Reporting Period: April 1–June 30, 2026 • Data via NTREIS / Texas REALTORS® Data Relevance Project
PRICES
Allen's median sale price came in at $505,000 in Q2 2026, a decline of 3.6% from Q2 2025's $524,000. Unlike some markets where a falling median can be explained by a shift in the mix of homes selling, Allen's data shows consistent softening across both headline metrics: median price per square foot dropped 5.3% to $210.68, and median home size declined from 2,610 to 2,506 square feet. When both the overall median and the per-square-foot value move in the same direction, it reflects genuine pricing pressure rather than a statistical artifact of what happened to close. Allen's upper-mid market — particularly the $500,000–$749,000 band that represents 33.3% of all Q2 closings — has softened from the elevated levels of recent years. This is a measured correction, not a collapse, but it's real and should factor into both pricing strategy and purchase decisions.
SALES ACTIVITY
Transaction volume softened in Q2 2026, with 334 closed sales — an 8.0% decline from the 363 recorded in Q2 2025. That's a meaningful pullback, though 334 closings in a single quarter still represents a healthy level of activity for a market Allen's size. Days on market came in at 39, up six days from Q2 2025's 33-day pace — buyers are taking more time to evaluate, which is consistent with the pricing pressure showing up in the median figures. The close-to-original-list-price ratio dropped to 96.6% from 98.1% a year ago — a 1.5-point decline that tells you negotiations are happening more frequently and buyers are successfully landing below full asking price. Days to close improved slightly to 29 days, down from 31 a year ago, suggesting that once a contract is in hand, the transaction process is moving efficiently.
INVENTORY
Active listings declined to 366 in Q2 2026, down 11.4% from Q2 2025. That's a notable inventory contraction in a market that has been working through elevated supply since 2023. The reduction in available homes — despite softening prices — suggests that sellers who don't need to move are holding back, keeping the listing pool tighter than it might otherwise be. The $500,000–$749,000 band dominates at 33.3% of sales, followed by $400,000–$499,000 at 24.2% and $300,000–$399,000 at 19.4%. Allen's price distribution is concentrated in the mid-to-upper range, with very little activity below $300,000 — which reflects both the established character of Allen's housing stock (median age 25 years) and the community's desirability.
MARKET BALANCE
At 3.9 months of inventory, Allen sits in balanced territory — technically below the 4.0-month dividing line between balanced and buyer-leaning, but close enough that neither side holds a decisive advantage. The combination of declining prices, reduced transaction volume, and a falling close-to-list ratio suggests buyers have more negotiating room than the inventory number alone would imply. This is a market where sellers need to be precise about pricing — the homes that are sitting are the overpriced ones, while correctly priced homes at 39 average days on market are still moving in a reasonable timeframe. For buyers, Allen at $505,000 median with a 3.6% price decline and a 96.6% close-to-list ratio offers more room to negotiate than the market was affording a year ago.
Allen is navigating a measured pricing correction that is likely to persist through Q3 2026 before stabilizing. The dual decline in median price and price-per-square-foot suggests the upper-mid market above $500,000 is where the most pressure is concentrated — and with that band representing a third of all sales activity, it will continue to weigh on the overall median. If mortgage rates remain elevated through the summer, expect transaction volume to stay soft and days on market to hold in the 35–45 day range. Sellers who price accurately will continue to close; those who price to a 2024 market will sit.
If rates ease in Q4 2026, Allen stands to benefit — its established reputation, strong schools, and location within the Collin County growth corridor make it a top-of-list destination for relocation buyers and move-up buyers who have been waiting for better financing conditions. The 11.4% decline in active listings is actually a stabilizing factor: it prevents the kind of inventory overhang that could accelerate price declines. Overall, expect Allen to remain in balanced territory through the remainder of 2026, with pricing likely to bottom and begin stabilizing once rate conditions improve and buyer confidence returns.
Whether you're thinking about selling in Allen's current market or looking to take advantage of the pricing correction as a buyer, The Dunnican Team can help you build a strategy grounded in the actual data. We work across Collin County and surrounding North Texas communities. Reach out anytime.
Source: NTREIS MLS / Texas REALTORS® Data Relevance Project — Allen, TX, Q2 2026 (April 1–June 30, 2026) with Q2 2025 comparison metrics. Data via MetroTex Association of REALTORS®. Analysis provided in partnership with the Real Estate Center at Texas A&M University. All figures reflect All Residential (SF + attached) — All Construction Types.
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Is it a good time to sell a home in Allen in 2026?
Allen requires honest assessment for sellers: both the median price and per-square-foot value declined in Q2 2026 with home size also slightly smaller — confirming this is real softening rather than a statistical artifact. The 3.6% median decline to $505,000 and the 5.3% per-square-foot drop to $210.68 are the pricing reality sellers need to anchor to. The more constructive signals are structural: active listings fell 11.4% to 366, months of supply held at 3.9 — balanced territory — and closed sales of 334 represent a healthy transaction volume despite the slowdown. The 96.6% close-to-list ratio means sellers are closing about 3.4% below original asking price when priced correctly. Sellers who price to current market conditions — not 2024 peak comparables — are operating in a market with meaningful buyer activity and limited competition from new construction. The 25-year median home age means Allen's inventory is established and cannot be easily replicated by new product, which provides a structural floor that pure new construction markets don't have.
Is it a good time to buy a home in Allen in 2026?
Allen's current pricing adjustment creates a genuine opportunity for buyers who have been targeting this established Collin County community. The 3.6% median price decline combined with a 96.6% close-to-list ratio gives buyers real purchasing power — on a $505,000 home, that combination translates to meaningful savings compared to what the same home would have cost and netted a year ago. At 3.9 months of supply with 334 quarterly closings, the market is balanced rather than oversupplied — buyer leverage exists but won't last indefinitely. Allen's school district reputation, established neighborhood character, and proximity to major Collin County employment corridors make it a consistent demand destination. When mortgage rates ease, the pool of qualified buyers who can act above $500,000 expands quickly — and Allen's inventory at 366 active listings is insufficient to absorb that demand surge without upward price pressure. Buyers who can act now are purchasing into the correction rather than chasing the recovery.
Are Allen home prices rising or falling in 2026?
Falling — and in Allen's case the data is unusually clear about it. The median sale price declined 3.6% to $505,000, median price per square foot fell 5.3% to $210.68, and median home size also decreased from 2,610 to 2,506 square feet. All three metrics moved in the same direction, which rules out the mix-shift explanation that accounts for misleading headlines in many other DFW markets this quarter. Allen's softening is real, it's in the upper-mid price segment that dominates the market at 33.3% of sales in the $500,000–$749,000 band, and it reflects the rate-driven compression of qualified buyers at those price points. The constructive context: active listings fell 11.4% alongside the price softening, which means supply is contracting as values adjust — a dynamic that provides a floor and points toward stabilization rather than continued decline as the correction works through the market.
How long are homes sitting on the market in Allen?
Homes that closed in Q2 2026 averaged 39 days on market — up 6 days from Q2 2025's 33. That increase is modest and reflects buyers taking more time to evaluate in a market where they have real alternatives and some negotiating room. Days to close improved 2 days to 29, putting the total list-to-close timeline at approximately 68 days for a typical Allen transaction — one of the faster total timelines among Collin County markets in this report. The combination of a 39-day average DOM and a 96.6% close-to-list ratio tells you Allen's market is functioning efficiently even in a period of price adjustment: homes are being priced to clear within a reasonable timeframe and closing near ask when they do. Sellers who build realistic expectations around a 40–50 day marketing period followed by a quick close are well-positioned in the current environment.
How competitive is the Allen real estate market right now?
Allen is balanced at 3.9 months of supply — technically just below the balanced-to-buyer threshold — with a 96.6% close-to-list ratio that gives buyers about 3.4% of negotiating room from original asking price. That's less leverage than some comparable DFW markets offer this quarter, reflecting the fact that Allen's inventory contraction (−11.4%) is keeping supply genuinely tight despite the price softening. The $500,000–$749,000 band at 33.3% of Q2 sales is the most active and most competitive price range — buyers here should come pre-approved with clear priorities and realistic offer anchoring based on current per-square-foot comparables. The $400,000–$499,000 segment at 24.2% is the next most active. Above $750,000, demand thins and buyer leverage increases. Allen's established character and consistent demand profile mean that well-priced homes at any level are moving within approximately 39 days — the market is competitive enough that qualified buyers who hesitate on the right home often lose it.
Buying or selling in Allen? Contact The Dunnican Team — we work across Collin County and can help you build a strategy grounded in what Allen's market is actually doing right now.
Established Excellence, Exceptional Schools, and a Prime Collin County Address
Allen is one of the most consistently sought-after cities in the Dallas-Fort Worth Metroplex — a fully built-out Collin County suburb that has earned its reputation through strong schools, well-maintained neighborhoods, and a quality of life that keeps residents here for decades. Located along US-75 (Central Expressway) approximately 25 miles north of Downtown Dallas, Allen offers straightforward access to major employment corridors in Plano, Richardson, and the Legacy business district while maintaining a distinct community identity that sets it apart from its neighbors.
What defines Allen is a sense of completeness. The infrastructure is established, the retail and dining scene is mature, the parks system is extensive, and the school district consistently ranks among the strongest in Texas. For buyers who want a proven community rather than a growing one, Allen delivers. For sellers, that same reputation translates to sustained demand and a buyer pool that knows exactly what it's getting.
Allen's market moves with the broader North Texas economy but tends to hold value well during softer periods — a function of its location, its school district, and the pride residents take in maintaining their properties and neighborhoods.
Allen's housing stock reflects its development history — a city that grew rapidly through the 1990s and 2000s and has been filling in with infill development, estate-size lots along its eastern edges, and a limited but active resale market in its most established neighborhoods. New construction opportunities exist but are concentrated in specific pockets rather than across the city.
Established single-family homes in mature neighborhoods like Twin Creeks, Watters Crossing, and Bethany Mews — well-maintained, landscaped, and priced to reflect their location and school access
Luxury and estate homes in gated and semi-custom communities, particularly along Allen's eastern corridors where larger lots and custom finishes are more common
New construction in infill and planned communities, where builders continue to deliver homes in the $500k–$900k range targeting move-up buyers
Patio homes and paired villas in select communities, appealing to buyers seeking lower-maintenance living without leaving Allen's school boundaries
Active adult and 55-plus communities, a growing segment as longtime Allen residents look to downsize without relocating outside the city
Pricing in Allen spans a wide range — from the mid $300s for smaller homes in older neighborhoods to well over $1 million for estate properties — but the heart of the market lives in the $450k–$750k range, where the majority of resale activity concentrates.
Allen's appeal is not a secret, which is part of what makes it competitive. Buyers who are specifically targeting Collin County often put Allen at the top of the list — and for good reason.
Top reasons buyers are making the move:
Allen ISD, one of the most highly regarded school districts in Texas, with strong academics, athletics, fine arts programs, and a track record that matters to families at every stage
Excellent retail, dining, and entertainment access, anchored by Watters Creek and the Allen Premium Outlets, with everyday conveniences distributed throughout the city so nothing feels far
Extensive parks and trail systems, including Celebration Park, Cottonwood Creek Trail, and more than 900 acres of parks and open space woven throughout the community
A mature, walkable neighborhood fabric in older sections and well-planned amenities in newer ones — the city has had decades to get the details right
Consistent resale demand, driven by the school district and location, that gives buyers confidence their investment is unlikely to underperform the broader market
Strong commute access to major employment nodes along US-75 and the broader Plano/Richardson tech corridor — a meaningful advantage for buyers who commute north rather than into Dallas
For buyers comparing Allen against newer communities in Fairview, Lucas, or Wylie, the decision often comes down to a tradeoff between land and lot size versus access and established infrastructure. Allen consistently wins on the infrastructure side.
Allen's market moves quickly in competitive price ranges and requires an agent who understands the neighborhood-by-neighborhood nuances — which streets are most desirable within Twin Creeks, which schools serve which sections of the city, and how to price a home in a market where buyers are well-informed and have options.
Cindy and Cory Dunnican of The Dunnican Team at Coldwell Banker Apex, Realtors® bring more than 25 years of experience serving buyers and sellers across Northeast Dallas and Collin County. Whether you're buying your first home in Allen, upsizing into a custom estate, or preparing to sell a property you've owned for years, they offer the local knowledge, strategic pricing approach, and personalized guidance to help you navigate this market with confidence.
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