Plano South | July 2025

BY MICHAEL CROUCHLEY

The impact

What’s next

In April 2019, the median home sales price in Plano was $351,500 while 545 homes were listed on the market that month. The median sales price of a Plano home was up 56% to $549,000 in April 2022. This April, the median sale price remained stagnant at $550,000 while 417 new homes were listed on the market. Realtor Pamela Harrison said that while housing inventory is up across North Texas “in areas with lots of new construction like North Fort Worth, Aubrey or Princeton,” housing inventory in Plano is “tighter.” “In Plano, you’re buying location, schools and established neighborhoods—not just square footage,” she said. “Inventory is tighter, especially under $600K. Buyers may face more competition for updated homes in hot school zones.” Harrison said that interest rates currently hovering around 6.5%-7% have “priced some buyers out, reducing competition.” She added that homeowners who bought or refinanced at lower

City officials are expecting further changes to Plano’s housing landscape as a result of the most recent Texas Legislative Session. Day said that Senate Bill 840 could have “a meaningful impact on the city’s land use policy.” The bill, which goes into effect on Sept. 1, will allow mixed-use or multifamily developments by right in any area of the city zoned for office, commercial, retail or warehouse uses. “The bill allows multifamily housing by right in commercial areas,” Day said. “And it preempts the city’s ability to regulate density, parking height and lot coverage.” Day said that city officials are still assessing the impacts. More information will be presented to council on July 28.

Median home price in Plano

$351.5K

$549K

$550K

$600K

$398K

$500K

4400K

$425K

$506.5K

$200K

+56.5% increase

SOURCE: COLLIN COUNTY AREA REALTORS/COMMUNITY IMPACT

interest rates “aren’t in a rush to list.” Day added that redevelopment projects will add a mix of for-sale and for-rent housing options to the market in Plano. “That is really the community’s next generation of redevelopment,” Day said.

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