Sell My House Fast in McKinney, Texas with an iBuyer

McKinney Real Estate Market Overview

Average Monthly Rent:

$1,661

Percentage Change in Home Price/Value:

25.0%

Median Home Value:

$474,900

Best Time To Sell Home:

October

Affordability Index:

123

Days To Sell House:

35

Job Market:

Fair

Public School Ranking:

28

Location & Weather

The unique city of McKinney is located in the northeastern corner of the Dallas-Fort Worth Metroplex. It is the county seat of Collin County, and is one of the fastest growing communities in North Texas. Rolling hills, parks, streams and lakes make up this natural city, but there’s still tons to offer amongst the 120 shops and restaurants downtown.

Summers here are hot, while winters get fairly cold. There’s also around 40 inches of rain and 2 inches of snow per year.

Population, Job Market & Cost of Living

The population in McKinney is 221,464, with a growth rate of 3.47% annually. The job market has increased by 2.1% over the last year. In ten years, job growth is predicted to be 36.1%. This city boasts an exceptional business environment, with sturdy employment in industries such as medical technology, data management, manufacturing, sustainability, aviation, defense, retail, office and transportation. These industries have attracted employers such as Raytheon, Wistron GreenTech, Torchmark, Emerson Process Management and Tong Yang.

McKinney is an expensive place to live, as housing costs in particular has shown consistent increase over the years.

Hottest Neighborhoods:

Adriatica, Auburn Hills, Craig Ranch, Hardin Lake, Isleworth, Mallard Lakes, Serenity

Average Monthly Rent in McKinney

The average monthly rent in McKinney is $1,661 for an average apartment size of 933 sq. feet.

Change in Home Value and Median Home Value

There has been a 25.0% increase in McKinney’s median home value over the last year. As of 2022, the median home value is $474,900.

Days to Sell a House

On average, homes in McKinney sell after 35 days on the market.

Best Time to Sell a House in McKinney

Sales in October can provide homeowners with the most profitable home sale, while July can provide homeowners with the fastest sale.

Affordability Index

The affordability index in McKinney is 123. This number indicates increased affordability in this city.

McKinney Public School Ranking

The top ranked public schools are Robert L. Puster Elementary School, Sloan Creek Intermediate School, Roy Lee Walker Elementary School, Imagine International Academy of North Texas, and Glen Oaks Elementary School. This information is determined by the school's combined math and reading proficiency data in testing.

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