The housing market in Plano, TX is booming, with the median value coming in at $492,900. This is significantly higher than the US House Median Value of $338,100. The US 1 year House Appreciation rate was 8.27%, whereas the 1 year appreciation rate for houses in Plano was 15.66%. This indicates that Plano is a great place to invest in real estate and enjoy the benefits of a thriving housing market.
The median home cost in Plano is $492,900. Home appreciation the last 10 years has been 159.8%. Home Appreciation in Plano is up 23.4%.
Average Age of Homes
- The median age of Plano real estate is 26 years old
The Rental Market in Plano
- Renters make up 35.2% of the Plano population
- 3.3% of houses and apartments in Plano, 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.