75070
Dallas, Texas

# ZIP 75070 Market Report – McKinney, TX

The 75070 market shows clear cooling with median sale prices at $465,000, down 7.9% year-over-year, marking a significant correction from the recent peak. Homes are averaging 82 days on market, well above the pre-2022 norm of 30-45 days for this submarket. Only 8% of properties are selling above list price, indicating diminished competition and reduced bidding wars. This data confirms a shift from the seller-dominated conditions that characterized 2021-2022 to a more balanced transaction environment.

Buyers gain substantial negotiating leverage in these conditions, particularly those seeking single-family homes in the $400,000-$500,000 range where inventory has accumulated. The 82-day marketing period allows for thorough due diligence and multiple property comparisons without urgency premiums. Sellers face headwinds and should price 3-5% below recent comps to secure contracts within 60 days. Investors focused on cash flow rather than appreciation may find entry points, though the 7.9% decline suggests holding periods of 3-5 years to recover value.

The PropIQ score of 55 signals caution, reflecting underlying weakness in price momentum and absorption rates that could persist through mid-2026. Key indicators to monitor include whether days-on-market extends beyond 90 days and if the percentage of above-list sales falls below 5%, both suggesting further price discovery ahead. Stabilization likely requires DOM returning to the 60-day range and price declines moderating to 3% or less year-over-year.