Zip 75071 (McKinney, TX) Housing


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The housing market in 75071 McKinney, TX is thriving. The median value of homes in the area is $526,500, which is significantly higher than the US house median value of $338,100. Furthermore, the 1 year house appreciation rate for McKinney is 15.66%, almost double the 8.27% rate nationally. This shows that investing in housing in this area can be a very worthwhile venture and that real estate prices are on the rise.

The median home cost in McKinney (zip 75071) is $526,500. Home appreciation the last 10 years has been 159.8%. Home Appreciation in McKinney (zip 75071) is up 23.4%.

Average Age of Homes
- The median age of McKinney (zip 75071) real estate is 13 years old
The Rental Market in McKinney (zip 75071)
- Renters make up 26.0% of the McKinney (zip 75071) population
- 1.0% of houses and apartments in McKinney (zip 75071), are available to rent

DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingMcKinney, TexasUnited States
  21,818.0139,647,020.0
  1442
  $526,500$338,100
  23.4%16.6%
  65.4%57.0%
  159.8%101.1%
  $19.46$10.98
  $6,926$2,690
  71.1%57.4%
  4.2%11.2%
  24.7%31.4%
  Vacant Housing
  1.0%1.9%
  0.6%0.4%
  1.2%0.7%
  0.2%0.4%
  0.6%3.6%
  0.6%4.1%
  Value of Owner-Occupied Housing
  0.9%2.6%
  0.4%2.4%
  0.4%2.8%
  0.3%3.9%
  0.5%4.5%
  0.9%11.3%
  3.0%13.0%
  24.1%20.1%
  34.9%13.6%
  20.1%8.3%
  11.4%9.7%
  2.2%3.9%
  0.6%2.2%
  0.3%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  1.2%0.2%
  37.8%13.6%
  37.8%13.6%
  9.7%13.6%
  6.0%13.2%
  3.7%14.8%
  9.7%13.6%
  0.7%10.0%
  0.8%4.7%
  0.4%12.2%
Commute