The housing market in Plano, TX has seen remarkable appreciation in the past year. According to the median value for homes in 75074, Plano is $360,300, which is 8.27% higher than the US House Median Value of $338,100. This 1 year house appreciation of 15.66% is much higher than the national average and indicates that buying a home in Plano right now could be a wise investment decision. With its strong economy and job market, combined with its close proximity to major cities like Dallas and Fort Worth, it's no wonder that housing values have been increasing steadily over the past few years.
The median home cost in Plano (zip 75074) is $360,300. Home appreciation the last 10 years has been 159.8%. Home Appreciation in Plano (zip 75074) is up 23.4%.
Average Age of Homes
- The median age of Plano (zip 75074) real estate is 32 years old
The Rental Market in Plano (zip 75074)
- Renters make up 36.8% of the Plano (zip 75074) population
- 3.0% of houses and apartments in Plano (zip 75074), 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.