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By the Numbers

Real Estate Market Update

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.

 

City of Plano, TX

MEDIAN SALES PRICE

$530,000

MEDIAN SALES PRICE

CLOSED SALES

751

CLOSED SALES

ACTIVE LISTINGS

745

ACTIVE LISTINGS

MONTHS INVENTORY

3.5

MONTHS INVENTORY

The Dunnican Team

Plano, TX Housing Market Update

Plano's Q2 2026 market presents one of the more interesting structural paradoxes in this report cycle: prices softened modestly while supply conditions tightened dramatically. The median sale price declined 1.4% to $530,000 — the smallest price decline of any major DFW submarket this quarter — as per-square-foot values fell 1.2% to $221.34 with median home size essentially flat. At the same time, active listings fell 21.8% to 745, closed sales rose 11.9% to 751, and months of supply declined 1.1 to 3.5 — seller-leaning territory. With 751 closings against 745 active listings, Plano absorbed virtually its entire available supply in a single quarter. The close-to-original-list ratio fell from 99.1% to 96.4% — meaningful, but still among the stronger readings in the metro. The most likely explanation for this paradox is rate-driven: elevated mortgage rates are suppressing the pool of qualified buyers at $530,000+, capping upward price pressure, while simultaneously keeping would-be sellers in place and constraining supply. The result is a market that runs hotter than its price trajectory suggests — tight inventory, strong absorption, and a structural setup that could produce rapid price recovery when rate conditions eventually improve.

Plano, TX Housing Market Update – Q2 2026 | July 2026

Reporting Period: April 1–June 30, 2026 • Data via NTREIS / Texas REALTORS® Data Relevance Project

Key Highlights | Plano Housing Market Update – Q2 2026

  • Median Sale Price: $530,000 (−1.4% vs. Q2 2025)
  • Closed Sales: 751 (+11.9% vs. Q2 2025)
  • Active Listings: 745 (−21.8% vs. Q2 2025)
  • Months of Inventory: 3.5 (−1.1 months vs. Q2 2025)

Q2 2026 Plano Market Commentary

PRICES
Plano's median sale price came in at $530,000 in Q2 2026, a 1.4% decline from Q2 2025. Median price per square foot fell an equally modest 1.2% to $221.34, while median home size remained essentially flat at 2,453 square feet versus 2,458 a year ago. With home size stable, both metrics moving in the same direction, and the magnitude of decline small, this represents the most restrained pricing softening in the report — a market where the headline says one thing but the underlying data says something closer to flat. Plano's pricing dynamic is better understood through the lens of its "affordability ceiling": as a premium established suburb with a 35-year median home age and a $530,000 median, it sits at a price point where elevated mortgage rates have compressed the pool of qualified buyers, preventing the kind of demand-driven appreciation the market saw in 2021–2023 while also limiting how far prices can fall given the structural supply constraint. The close-to-original-list-price ratio fell from 99.1% to 96.4% — a 2.7-point decline from a level that was historically near the top of any DFW market. The direction is softening, but a 96.4% close-to-list still reflects a highly functional, competitive market.

SALES ACTIVITY
Transaction volume improved substantially in Q2 2026, with 751 closed sales — an 11.9% increase from 671 in Q2 2025. That's meaningful buyer engagement at a significant volume level. Days on market rose to 42 days, up 7 from Q2 2025's 35 — buyers are taking a bit more time to decide, which is consistent with the broader pattern across the DFW metro. Days to close held essentially flat at 28 days, down 1 from a year ago — once contracts are signed, they're completing efficiently. The 96.4% close-to-list ratio tells you sellers are closing close to asking price, but no longer at the near-automatic 99%+ of recent years. Buyers have regained a small but real degree of negotiating room — and they're using it, as evidenced by the 2.7-point decline in the ratio.

INVENTORY
Active listings contracted dramatically — falling 21.8% to 745 in Q2 2026 from 953 in Q2 2025. That's a reduction of more than 200 homes in a single year, making Plano's inventory contraction one of the most significant in this report batch. With 745 active listings against 751 closings in the quarter, absorption is running at near-full-capacity — every home that comes to market is essentially being absorbed in the same period. Months of inventory fell to 3.5, down 1.1 from Q2 2025 and firmly in seller-leaning territory below the 4.0-month balanced threshold. The price distribution reflects Plano's broad market range: 36.2% of Q2 sales were in the $500,000–$749,000 band, 20.7% in $400,000–$499,000, and 15.5% in $300,000–$399,000. The 35-year median home age confirms a fully established, resale-driven community with no new construction pipeline to expand supply.

MARKET BALANCE
At 3.5 months of inventory — the tightest level in the report among large-volume markets — Plano is seller-leaning by a clear margin, even as prices softened modestly and days on market increased. This is the defining paradox of Plano's current market: prices are declining slightly while supply conditions are tightening significantly. The most likely explanation is rate-driven: elevated mortgage rates are suppressing the pool of buyers who can qualify at $530,000+, capping upward price pressure, while simultaneously keeping would-be sellers in place (unwilling to give up low-rate mortgages), keeping supply tight. The result is a market that runs hotter than its price trajectory suggests — not distressed, not booming, but quietly competitive at the transaction level. For sellers who price correctly, Plano is a better market than the headline numbers imply.

What Sellers Need to Know

  • Active listings dropped 21.8% to 745 — your competition pool has shrunk dramatically. With closings essentially matching active listings (751 vs. 745), every correctly priced home entering the market is finding a buyer.
  • The 96.4% close-to-list ratio is down from 99.1% — the automatic full-price offer era is over. Build a modest negotiating cushion into your list price, but don't overprice into dead air. Accurate pricing in a 3.5-month inventory market still produces strong outcomes.
  • At 42 days on market, allow a full marketing cycle. Plano buyers at this price point are deliberate, but the market is moving homes — don't make reactive pricing decisions in the first two weeks.
  • The 1.4% median price decline is the most modest in this report cycle. Plano's value is holding better than most comparable markets. The structural supply constraint is working in your favor even as rate headwinds persist.

What Buyers Need to Know

  • Plano at 3.5 months of inventory and 745 active listings is seller-leaning — don't expect the buyer-favorable conditions present in some other DFW markets. The inventory contraction here is dramatic and real.
  • The 96.4% close-to-list ratio gives you modest negotiating room compared to the near-100% close-to-list of recent years. A well-supported offer 3–4% below list on homes that have been sitting for 30+ days is reasonable and increasingly common.
  • The $500,000–$749,000 band at 36.2% of sales is the most active segment. Expect the most competition here and come pre-approved with a clean, ready-to-execute offer.
  • Plano's 35-year median home age means you're buying into an established community with mature infrastructure. Long-term value fundamentals here are strong — the current modest pricing softening is a cyclical adjustment, not a structural change.

2026 Plano Housing Market Forecast

Plano enters the second half of 2026 with the tightest supply conditions of any large-volume DFW market in this report. At 3.5 months of inventory and with closings essentially matching the full available supply on a quarterly basis, there is very little room for prices to fall further without a meaningful deterioration in buyer demand — which the current transaction volume (+11.9% YoY) does not support. The modest pricing softening of the past year is likely near its floor. If inventory remains at current levels through Q3, expect months of supply to stay near 3.5 and the close-to-list ratio to stabilize near 96–97%.

If mortgage rates ease in Q4 2026, Plano is one of the DFW markets most positioned for a demand surge — rate-constrained buyers at the $500,000–$750,000 price point are numerous, and Plano's established reputation, school options, and location make it a top target for that segment. The rate lock-in effect keeping sellers in place will also begin to loosen as rates ease, which could bring more supply to market — moderating any price acceleration. Overall, expect Plano to remain in seller-leaning territory through 2026 with pricing stable and the possibility of modest recovery if rate conditions improve.

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Questions About the Plano Market?

Whether you're buying or selling in Plano, The Dunnican Team works across the DFW metro and can help you navigate current conditions with a strategy built on what the data actually shows. Reach out anytime.

Source: NTREIS MLS / Texas REALTORS® Data Relevance Project — Plano, 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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Frequently Asked Questions – Plano Housing Market Update Q2 2026

Is it a good time to sell a home in Plano in 2026?

The structural picture for Plano sellers is stronger than the modest price softening suggests. Active listings fell 21.8% to 745 — a reduction of more than 200 homes in a single year — while closed sales rose 11.9% to 751. With closings essentially matching the full available supply on a quarterly basis, Plano is absorbing inventory at a pace that puts months of supply at just 3.5 — seller-leaning territory. The close-to-original-list ratio of 96.4% means sellers are closing close to their asking prices, down from 99.1% a year ago but still among the stronger readings in the DFW metro. The median price declined just 1.4% to $530,000 — the smallest price movement among major DFW markets this quarter. Sellers who price accurately and present well are operating in one of the tighter supply environments in the metro, which is a structural advantage even in a period of modest price softening.

Is it a good time to buy a home in Plano in 2026?

Buyers in Plano have modestly more room than they did a year ago — but this is not a buyer's market, and the data is clear about that. At 3.5 months of supply and a 96.4% close-to-list ratio, correctly priced homes are moving at close to full ask in approximately 42 days. The modest price softening of 1.4% combined with the sharp inventory reduction means the window of buyer opportunity in Plano may be limited. If rates ease in Q4 2026, the large pool of rate-constrained buyers who have been qualifying and waiting for $500,000+ homes in an established Collin County community is likely to respond quickly — and competition will intensify faster than in markets with more available inventory. Buyers who find the right home in Plano should act with confidence rather than waiting for conditions to improve further, because the structural data suggests they may not.

How long are homes sitting on the market in Plano?

Homes that closed in Q2 2026 averaged 42 days on market — up 7 days from Q2 2025's 35. That increase is modest and consistent with the broader DFW pattern of buyers taking slightly more time to evaluate. Days to close averaged 28 days once under contract — one of the faster closing timelines in the metro — putting the total list-to-close pipeline at 70 days, up 6 from a year ago. For context: Plano's 42-day average is considerably faster than most DFW suburbs this quarter, reflecting the tight 3.5-month supply environment. Well-priced Plano homes at the $400,000–$749,000 price points that dominate activity are not sitting for extended periods — the market is moving, just at a slightly more deliberate pace than the peak years.

Are Plano home prices rising or falling in 2026?

Softening modestly — but the supply picture provides an important floor. The median sale price declined 1.4% to $530,000, with per-square-foot values down 1.2% to $221.34 and median home size essentially unchanged. Both metrics moved the same direction by nearly identical amounts, confirming this is real but very limited pricing softening rather than a distortion. The most likely driver is the rate environment: elevated mortgage rates are compressing the qualified buyer pool at $530,000+, preventing upward price pressure while simultaneously keeping would-be sellers locked into low-rate mortgages and constraining supply. That supply constraint — active listings down 21.8% — is providing a structural floor. Plano's pricing correction is among the most restrained in the DFW metro, and the tightening inventory suggests stabilization is more likely than further meaningful decline.

How competitive is the Plano real estate market right now?

Plano is one of the more competitive markets in the DFW area heading into the second half of 2026. At 3.5 months of supply — below the 4.0-month balanced threshold — and with quarterly closings essentially matching the full active listing pool, the market is operating efficiently with limited excess inventory. The $500,000–$749,000 band at 36.2% of Q2 sales is the most active price range and the most competitive — buyers here should come pre-approved with a clean offer structure and realistic expectations about negotiating room. The 96.4% close-to-list ratio means there's approximately 3–4% of negotiating cushion on average, but that average is pulled down by homes that have been sitting — freshly listed, correctly priced homes are regularly closing closer to full ask. Plano's established reputation, school options, and location continue to attract a motivated and qualified buyer base.

Buying or selling in Plano? Contact The Dunnican Team — we work across Collin County and can help you build a strategy that reflects what's actually happening in Plano's market right now.

Plano Real Estate Overview

Top Schools, Corporate Headquarters, and a Thriving Housing Market

About Plano, TX

Plano is one of North Texas’s most sought-after communities, offering a rare blend of economic strength, exceptional schools, and high livability. Located just north of Dallas, Plano has evolved into a powerhouse suburb—home to Fortune 500 companies, award-winning public schools, and a diverse population that continues to grow year after year.

With a strategic location near the Dallas North Tollway, US-75, and President George Bush Turnpike (PGBT), Plano provides quick access to major job centers in Dallas, Frisco, Richardson, and DFW Airport. Yet despite its impressive growth, Plano has preserved its suburban charm through thoughtful city planning, mature trees, and community-focused neighborhoods.

As the headquarters for companies like Toyota North America, JPMorgan Chase, Liberty Mutual, FedEx, and Frito-Lay, Plano continues to attract professionals from across the country—making it a top destination for executives, relocating families, and long-term investors alike.

Homes for Sale in Plano, TX

The Plano housing market is established, diverse, and consistently in demand. Whether you're looking for a custom luxury estate, a charming single-family home, or a modern townhome close to shopping and dining, Plano delivers a wide array of options.

Popular housing types include:

  • Luxury homes and gated estates in prestigious neighborhoods like Willow Bend, Kings Ridge, and Whiffletree

  • Affordable single-family homes in well-maintained subdivisions—great for first-time buyers, downsizers, or investors

  • Townhomes and condos near Legacy West, Shops at Legacy, and Downtown Plano, offering a walkable lifestyle and urban appeal

  • Custom homes on larger lots in central neighborhoods like Canyon Creek and Hunters Glen

  • Move-in ready properties zoned to top-rated Plano ISD schools, many featuring recent upgrades, community pools, and greenbelt access

Thanks to limited turnover in certain areas, well-priced homes in Plano tend to sell quickly, particularly in high-demand school zones and near major employment centers.

Why Buyers and Sellers Choose Plano

Plano consistently ranks among the best places to live in the U.S., and it’s easy to see why. The city strikes the perfect balance of big-city opportunity and suburban livability, making it attractive to young professionals, growing families, retirees, and everyone in between.

What makes Plano stand out:

  • Plano ISD is nationally recognized for academic excellence, with Blue Ribbon Schools, IB programs, and STEM pathways

  • Over 4,300 acres of parkland, including Arbor Hills Nature Preserve, Oak Point Park, and miles of trails and scenic greenbelts

  • Legacy West and The Shops at Legacy offer top-tier shopping, dining, and entertainment

  • A safe, well-managed city with responsive municipal services and long-range infrastructure planning

  • Diverse housing stock, from starter homes to multimillion-dollar estates—supporting buyers across all life stages

For sellers, Plano’s reputation, strong school districts, and year-round buyer activity help homes maintain value and often command multiple offers—especially with professional marketing and smart pricing strategies.

Your Plano Real Estate Experts

In a competitive, fast-moving market like Plano, experience and hyper-local knowledge make all the difference. That’s exactly what you’ll find with Cindy and Cory Dunnican, founders of The Dunnican Team at Coldwell Banker Apex, Realtors®.

With decades of experience in Plano and surrounding areas, Cindy and Cory offer:

  • Strategic listing preparation and targeted marketing campaigns

  • Personalized guidance to help buyers compete in low-inventory conditions

  • Deep knowledge of Plano ISD boundaries, corporate relocation trends, and neighborhood nuances

  • Faith-driven service that puts your needs first and keeps you informed every step of the way

Whether you're relocating to Plano, upsizing into a luxury home, or preparing to sell, The Dunnican Team is here to guide you with clarity, confidence, and care.

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The Dunnican Team

(972) 679-1789

9106 Royal Burgess Dr Rowlett TX 75089

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The Dunnican Team

(972) 679-1789

9106 Royal Burgess Dr Rowlett TX 75089