McKinney, TX


Highest Appreciating McKinney Neighborhoods Since 2000

McKinney, TX Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

McKinney Housing Market Information

With a population of 162,898, 50,455 total housing units (homes and apartments), and a median house value of $282,502, McKinney real estate is some of the most expensive in Texas, although McKinney home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in McKinney, accounting for 75.23% of the city's housing units. Other types of housing that are prevalent in McKinney include large apartment complexes or high rise apartments ( 19.66%), duplexes, homes converted to apartments or other small apartment buildings ( 2.32%), and a few row houses and other attached homes ( 1.74%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in McKinney. Owner-occupied housing accounts for 66.28% of McKinney's homes, and 68.09% have either three or four bedrooms, which is average sized relative to America.

McKinney homes and real estate are some of the newest in America. 60.87% of McKinney's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the McKinney real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 32.52%), and between 1940-1969 ( 5.02%). There's also some housing in McKinney built before 1939 ( 1.59%).

McKinney Home Appreciation Rates

In the last 10 years, McKinney has experienced some of the highest home appreciation rates of any community in the nation. McKinney real estate appreciated 50.82% over the last ten years, which is an average annual home appreciation rate of 4.19%, putting McKinney in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, McKinney definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in McKinney that despite a nationwide downturn in the housing market, McKinney real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, McKinney appreciation rates continue to be some of the highest in America, at 9.76%, which is higher than appreciation rates in 93.21% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in McKinney. McKinney appreciation rates in the latest quarter were at 2.35%, which equates to an annual appreciation rate of 9.75%.

Importantly, this makes McKinney one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Texas, our data show that McKinney's latest annual appreciation rate is higher than 80% of the other cities and towns in Texas.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within McKinney differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in McKinney - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best McKinney real estate investment or home purchase decisions.

Average Home Values


Median Home Value:


Value Range
> $1,380,000 0.5
$1,035,001 - $1,380,000 0.7
$690,001 - $1,035,000 3.3
$552,001 - $690,000 5.1
$414,001 - $552,000 12.1
$276,001 - $414,000 28.0
$138,001 - $276,000 41.8
$69,001 - $138,000 5.4
$0 - $69,000 3.2

Very High for TX
Very High for Nation

Value Relative to Nation Value Relative to State
18.1882104769718 7.49027237354086

Number Of Homes And Apartments:

McKinney Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
73.96% 3.26% 6 9
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,541 / per month

Homeownership Rate

Owners 66.28
Renters 33.72
Vacant 4.42

Housing Market Details


Age of Homes

2000 or Newer 60.9
1970 - 1999 32.5
1940 - 1969 5.0
1939 or Older 1.6

Types of Homes

Single-Family 75.2
Townhomes 1.7
Small Apt. Buildings 2.3
Apt. Complexes 19.7
Mobile Homes 1.0
Other 0.0

Home Size

No Bedroom 0.70
1 Bedroom 10.19
2 Bedrooms 13.29
3 Bedrooms 36.15
4 Bedrooms 31.94
5 or more bedrooms 7.73