2025 Update

Plano remains one of the most desirable cities in the Dallas-Fort Worth metroplex, offering excellent schools, a strong job market, and vibrant communities. Here’s what’s happening in the Plano real estate market:

Median Home Prices

• Median Listing Price: Around $524,900 [realtor.com]
• Median Sold Price: Approximately $503,100 [realtor.com]
• Average Home Value: About $499,557, down 4.7% year-over-year [zillow.com]
• Recent Median Sale Price: $500,000, down 5.4% YoY [redfin.com]

Price Ranges

• Entry-Level Homes: Starting near $200,000 for condos and townhomes [redfin.com]
• Typical Single-Family Homes: $400,000 – $800,000
• Luxury Properties: $1M+ in neighborhoods like Willow Bend and Stonebriar; some listings exceed $3M [realtor.com]

Neighborhood Highlights

• Carriage Hills: Median value ~$604,951
• Parkway Estates: Median value ~$630,383
• Forest Creek Estates: Median value ~$699,914 [zillow.com]

Market Trends

• Homes sell 2–3% below list price on average.
• Days on Market: 40–60 days, up from last year, indicating a more balanced market. [orchard.com]
• Inventory is increasing, giving buyers more options and reducing bidding wars. [nitinguptadfw.com]

Why Plano Stands Out

• Growing luxury developments and master-planned communities.
• Top-rated schools and family-friendly neighborhoods.
• Strong job market with major corporate headquarters.