Inside DFW Real Estate

Allen, Texas real estate market update

Each month, The Dunnican Team publishes housing market updates covering the cities we serve across Northeast Dallas, Collin, Hunt and Rockwall Counties.

Our reports are sourced directly from the MLS transaction data, not estimates or industry averages, and always compared year-over-year so you can tell what's actually changing.

Our goal is to give you the same honest picture we use with our clients, explained the way we'd explain it across the table.

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monthly market update

Allen tightened to 3.6 months of inventory from 4.0, with active listings down 22.5% to 327. The median rose 7.6% to $532,750 and homes sold in a median of 26 days, six days faster than last August.

The number to watch is pending sales, down 36.6% to 71. Closings fell 12.4% over the same period, so the tightening came from fewer homes being listed rather than stronger demand — and a pending count that low points to softer closing volume through the fourth quarter.

Allen, TX Housing Market Update – September 2026

Allen, TX Housing Market Update | Reporting Period: Aug 1–Aug 31, 2026 (August 2026 data) • Data via NTREIS

Key Highlights | Allen, TX Housing Market Update

Median Price: $532,750 (+7.6% YoY)
Closed Sales: 92 (-12.4% YoY)
Active Listings: 327 (-22.5% YoY)
Months of Inventory: 3.6 (-11.6% YoY)

What Sellers Need to Know

Active listings fell 22.5% year over year, so competing inventory is meaningfully lighter than last fall.
Median days on market improved to 26 from 32, among the faster absorption rates in the area.
Homes closed at 95.9% of original list price, essentially unchanged from 96.3% a year ago.
Pending sales fell 36.6%, so the pipeline heading into the fourth quarter is thinner than the inventory figure alone suggests.

What Buyers Need to Know

At 3.6 months of supply, Allen is tighter than the DFW Metroplex average of 4.4 months.
The median price rose 7.6% year over year, one of the stronger gains among the larger markets in this report.
Selection narrowed 22.5%, so fewer options exist within any given price band than last fall.
Homes sold at 95.9% of original list price, which indicates modest but real negotiating room.

PRICES
Allen's median sales price was $532,750 in August 2026, up 7.6% from $495,250 in August 2025. Homes sold at a median of 95.9% of original list price, compared with 96.3% a year ago. The most active price band was $400,000 to $449,999. For context, the DFW Metroplex median was $389,000 and the Texas median was $330,000.

SALES ACTIVITY
A total of 92 homes closed in August 2026, compared with 105 in August 2025, a decline of 12.4%. Sellers brought 124 new listings to market, and 71 properties went under contract. Median days on market fell to 26 from 32 a year ago. Pending sales fell 36.6% to 71, the sharpest decline among the measures tracked here, which points to softer closing volume through the fourth quarter.

INVENTORY
Active listings totaled 327 at the end of August 2026, down 22.5% from 422 in August 2025. With 124 new listings against 92 closings, supply continued to build during the month. With 124 new listings against 92 closings, supply is rebuilding, though from a reduced base.

MARKET BALANCE
Months of inventory stood at 3.6, compared with 4.0 in August 2025. That compares with 4.4 months for the DFW Metroplex and 5.4 months statewide. The inventory decline came from fewer homes being listed rather than from faster absorption, since closed sales also fell.

Allen Housing Market Outlook: Fall 2026

Allen tightened to 3.6 months of inventory from 4.0 a year ago, with active listings down 22.5% while closings fell 12.4%. Because both sides of the market contracted, the tightening reflects reduced listing activity more than accelerating demand. New listings at 124 exceeded the 92 monthly closings, so supply is rebuilding from a reduced base. The clearest signal to watch is pending sales, down 36.6% to 71, which typically precedes closed-sale volume by thirty to sixty days and points to a softer fourth quarter. Allen's median of $532,750 sits well above the $389,000 DFW figure, so the local buyer pool is more sensitive to financing costs than in lower-priced submarkets. If mortgage rates ease, sidelined buyers would likely return before listing volume recovers, which would tighten conditions further.

Trending in Real Estate News

Realtor.com Research — The Best Time to Buy a Home Is the Week of Sept. 27 – Oct. 3 — Realtor.com's annual timing analysis names the week of September 27 through October 3 the most buyer-friendly week of 2026 nationally, with more active listings than earlier in the year and roughly $14,000 in savings on a median-priced home compared with the summer peak. The weeks immediately after are nearly as favorable.
MetroTex Association of REALTORS® — Monthly DFW Housing Market Reports — The regional association's own monthly data for the Dallas-Fort Worth Metroplex and Texas.
Zillow Research — Monthly Market Report — National sales and new-listing trends, useful for separating local movement from national conditions.
Redfin — 2026 Housing Market Mood: Buyers Cautious, Sellers Showing Up — Survey-based look at how buyers and sellers are approaching the market this year.

Numbers describe a market. They do not describe your home, your street, or your timeline. If you are weighing a move in Allen, Cindy and Cory Dunnican are glad to walk through what this data means for your specific situation — no pressure, no obligation. Get in touch with The Dunnican Team or call 972-679-1789.

Frequently Asked Questions

Is now a good time to sell a home in Allen?

The Allen market currently favors sellers. Months of inventory stood at 3.6 in August 2026, against 4.4 months for the DFW Metroplex and 5.4 months statewide. Active listings fell 22.5% year over year, and homes sold at a median of 95.9% of their original list price. Whether it is the right time depends on your price point and timeline, which is worth discussing against recent closings in your specific neighborhood.

Is now a good time to buy a home in Allen?

Allen had 327 active listings at the end of August 2026 and 92 homes closed during the month, which works out to 3.6 months of supply. The median sale price was $532,750, up 7.6% from a year earlier. Homes closed at 95.9% of original list price, so there was negotiating room on properties that had been listed a while.

How long are homes taking to sell in Allen?

Median days on market in Allen was 26 days in August 2026, compared with 32 days in August 2025. That figure measures time from listing to an accepted contract. Contract to closing added a further 29 days in Allen during August, so a typical sale ran about 55 days from listing to closing.

Are home prices rising or falling in Allen?

The median sale price in Allen was $532,750 in August 2026, compared with $495,250 in August 2025, a change of +7.6%. A median reflects the midpoint of what sold, so it moves when the mix of homes selling changes as well as when values change.

How competitive is the Allen housing market?

With 3.6 months of inventory, the Allen market favors sellers. Homes closed at a median of 95.9% of original list price and 71 properties went under contract during August 2026. Under 4 months of supply generally favors sellers, 4 to 5 months is balanced, and above 5 months favors buyers.

What is the median home price in Allen, TX?

The median sale price in Allen was $532,750 in August 2026. For comparison, the DFW Metroplex median was $389,000 and the Texas statewide median was $330,000.

How much housing inventory is available in Allen?

Allen had 327 active listings at the end of August 2026, down 22.5% from 422 a year earlier. Against 92 closed sales, that represents 3.6 months of supply.

How does the Allen housing market compare to DFW and Texas overall?

Allen's median sale price of $532,750 compares with $389,000 across the DFW Metroplex and $330,000 statewide. Inventory stood at 3.6 months locally, versus 4.4 months for the Metroplex and 5.4 months for Texas.

Source: NTREIS MLS (Aug 1–Aug 31, 2026) with August 2025 comparison metrics from NTREIS MLS. Regional and statewide benchmarks from MetroTex Association of REALTORS® August 2026 Housing Reports.

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