Inside DFW Real Estate

Plano, Texas real estate market update

Plano's inventory tightened sharply in July while prices held nearly flat. Here's what that means for buyers and sellers this month.

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monthly market update

Plano's median home price held essentially flat in July 2026 at $525,000, down just 0.9% year over year, while closed sales fell 11.2% to 221. Active listings dropped 18.4% to 761, and months of inventory fell to 3.6, putting the market into seller-leaning territory. Homes averaged 42 days on market and closed at a strong 96.0% of original list price.

Plano, TX Housing Market Update | Reporting Period: July 1–31, 2026

Key Highlights | Plano Housing Market Update

Median Price: $525,000 (-0.9% year over year)
Closed Sales: 221 (-11.2% year over year)
Active Listings: 761 (-18.4% year over year)
Months of Inventory: 3.6 (down from 4.5 last July)

Plano's inventory tightened notably this July even as sales activity cooled — a combination that points to a market recalibrating rather than weakening.

PRICES
Median price was $525,000, down just 0.9% from July 2025 — essentially flat. Price per square foot moved a similar amount, down 0.5% to $220.85, a consistent signal that pricing has genuinely stabilized rather than shifted due to home mix.

SALES ACTIVITY
Plano closed 221 sales in July, down 11.2% from a year ago. With this much volume, the slowdown reflects a real, if moderate, cooling in transaction pace.

INVENTORY
Active listings fell sharply, down 18.4% year over year to 761. Months of inventory dropped to 3.6, down nearly a full month from last July's 4.5 — a meaningful tightening.

MARKET BALANCE
At 3.6 months of supply, Plano leans toward sellers. Days on market rose slightly to 42, up two days from last July, and homes are closing at a strong 96.0% of original list price.

What Sellers Need to Know

Inventory has tightened sharply — active listings are down 18.4% year over year.
At 3.6 months of supply, conditions favor sellers more than they did a year ago.
Homes are closing at a strong 96.0% of original list price.
The $500K–$749K band leads Plano's market at 35.6% of closed sales.

What Buyers Need to Know

Median price has held essentially flat, down less than 1% year over year.
Inventory has tightened, so be prepared for somewhat more competition than last year.
Days on market are still relatively brisk at 42 — don't expect much room to deliberate on well-priced homes.
Nearly a third of closed sales fell between $500K and $749K.

2026 Plano Housing Market Forecast

If inventory continues to tighten at its current pace, expect Plano to lean further toward sellers through the rest of the year, even with sales activity running below last year's pace. Pricing has proven remarkably stable so far, and that stability is likely to continue unless a significant shift in demand or rates occurs. If mortgage rates ease, watch for sales activity to pick back up against an already-tight inventory backdrop, which could put renewed upward pressure on pricing. Sellers should find continued strong results; buyers should be prepared to move decisively on well-priced homes.

Trending in Real Estate News

Realtor.com: National inventory continues climbing even as mortgage rates hover near 6.67%, giving buyers more room to negotiate heading into fall. Read more
Redfin: Pending home sales edged up slightly in early August after a slow summer, though they remain below last year's pace nationally. Read more
MetroTex Association of REALTORS®: North Texas inventory growth is starting to slow, with DFW posting modest year-over-year declines in active listings — an early sign the region may be stabilizing. Read more
Zillow: Zillow's latest national forecast calls for roughly flat home price growth over the next year, with Dallas-area metros among those it expects to see modest price declines. Read more

Thinking about buying or selling in Plano? The Dunnican Team would love to help you make sense of what these numbers mean for your specific situation. Reach out anytime — we're happy to talk through your options, no pressure, no obligation.

Source: Texas REALTORS® MarketViewer — NTREIS data via the Texas REALTOR® Data Relevance Project, MetroTex Association of REALTORS® (July 1–31, 2026, compared to July 2025). The Dunnican Team at Coldwell Banker Apex, Realtors® | TREC License #0461619 | Designated Broker: Lori Arnold | Equal Housing Opportunity

Plano Housing Market FAQs

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

Yes — inventory has tightened sharply, down 18.4% year over year, and homes are closing at a strong 96.0% of original list price. At 3.6 months of supply, conditions favor sellers.

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

It can be, but expect more competition than a year ago given the tighter inventory. Median price has held essentially flat, so you're not chasing a fast-rising market — just a more competitive one.

How long are homes sitting on the market in Plano?

The average is 42 days on market, up two days from July 2025. Add the typical 27 days from contract to close, and the full process runs about 69 days.

Are home prices rising or falling in Plano?

Prices are essentially stable, down just 0.9% year over year to $525,000. Price per square foot moved a similar amount, down 0.5%, confirming a genuinely flat pricing picture.

How competitive is the Plano housing market right now?

Leaning toward sellers, at 3.6 months of supply — tighter than a year ago. Closed sales are down 11.2% year over year, but inventory has tightened even more, which is why conditions favor sellers.

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