Allen, TX Housing Market — 1,093 Homes Sold (September 2025 – September 2026)
The edge goes to buyers: homes typically take 32 days and only 15% beat their asking price.
Allen market at a glance
- Homes sold (12 months): 1,093
- Median sale price: $499,000 (about $2,839/month with 10% down at a 6.5% 30-year rate, principal & interest)
- Median price per square foot: $212
- Median days on market (list to contract): 32; 20.4% went under contract within a week
- Sold over asking: 15% · Sold under asking: 68.2%
- Typical home: 4 bed, 2,457 sqft, built 2001, mostly Allen ISD
- Price range of sales: $183,500 – $1,825,000
- On the market right now: 356 active listings, 94 under contract, 3.9 months of supply, median asking $542,450
- How buyers paid: Conventional 66.1%, FHA 7.3%, VA 5.5%, Cash 18.9%, Other 2.1%
- Seller contributions: 53% of sellers chipped in, typically $6,500
- Contract to close: about 28 days
- Median rent (same home types, 870 closed leases): $2,600/month — owning the median home runs about $2,839/month principal & interest with 10% down
- HOA: 69.4% of sales had a mandatory HOA, typically $79/month
- New construction: 8.1% of sales, median $497,670 vs $499,000 resale
Five-year price history in Allen
Median sale price by quarter: 2022 Q1: $500,500 · 2023 Q1: $482,000 · 2024 Q1: $488,250 · 2025 Q1: $524,500 · 2026 Q1: $474,495 · 2026 Q3: $505,000.
Median price by elementary school zone
- Boon: 139 sales, median $615,000, $226/sqft
- Boyd: 91 sales, median $314,000, $207/sqft
- Story: 81 sales, median $370,000, $208/sqft
- Marion: 79 sales, median $479,990, $203/sqft
- Olson: 77 sales, median $525,000, $191/sqft
- Green: 77 sales, median $610,000, $227/sqft
- Norton: 75 sales, median $620,000, $234/sqft
- Reed: 59 sales, median $380,000, $203/sqft
- Bolin: 58 sales, median $452,000, $197/sqft
- Vaughan: 53 sales, median $413,000, $193/sqft
- Kerr: 51 sales, median $488,800, $209/sqft
- Cheatham: 51 sales, median $667,500, $212/sqft
Pricing right vs. cutting the price in Allen
Sellers who held their original asking price sold in 13 days at 98.9% of ask. Sellers who overpriced and later cut took 70 days and kept 92.8% of the original ask — roughly $32,000 left on the table on a typical Allen listing.
Most active Allen neighborhoods
- Twin Creeks Watters Townhomes: 24 sales, median $474,715, 51 days on market
- The Avenue: 21 sales, median $513,990, 61 days on market
- Windridge 2: 16 sales, median $299,500, 36 days on market
- Chelsea Commons: 14 sales, median $455,500, 63 days on market
- Watters Crossing I: 14 sales, median $580,000, 41 days on market
- Village At Twin Creeks Ph Four: 14 sales, median $587,000, 57 days on market
- Windridge 1: 12 sales, median $299,500, 20 days on market
- Heritage Park Ph One: 12 sales, median $453,750, 13 days on market
- Twin Creeks Watters: 12 sales, median $644,372, 67 days on market
- Summerfield Ph One: 11 sales, median $585,000, 25 days on market
Nearby markets
McKinney · Plano · Princeton · Celina · Anna · Wylie · Prosper · Lavon
Common questions
Is now a good time to buy in Allen? The edge goes to buyers: homes typically take 32 days and only 15% beat their asking price.
What does the typical Allen home cost? $499,000 — about $212 per square foot, or roughly $2,839/month with 10% down before taxes and insurance.
How fast do homes sell in Allen? The typical home went under contract in 32 days; 20.4% sold within the first week.
Is it cheaper to rent or buy in Allen? The median Allen lease ran $2,600/month this year, while principal and interest on the median $499,000 home is roughly $2,839/month with 10% down, before taxes and insurance.
Source: NTREIS MLS closed sales, September 3 2025 – September 3 2026. Aggregate data only — Texas is a non-disclosure state. Compiled by Pax Realty (Ryan Storch, Broker). Explore all 186 cities · Full dataset · Book a strategy call · Call/text (972) 974-1821.