McKinney, TX Housing Market: Home Prices & Rent
McKinney home values since 2000
Last few years
Rent in McKinney
Owning vs renting, monthly
Buying the typical McKinney home with 20% down at this week's 7.32% 30-year rate costs about $3,190/month (principal, interest plus ~1.5% a year for tax and insurance) vs $1,741/month typical rent.
Rate: Freddie Mac, week of Oct 22, 2026. Estimate for comparison only.
What changed this month
- McKinney, TX homes are worth 14% less than at the 2022 peak
McKinney vs the Dallas metro, Texas and the U.S.
| Typical home | 12-month change | Typical rent | |
|---|---|---|---|
| McKinney, TX | $473k | -5.1% | $1,741/mo |
| Dallas metro | $358k | -2.0% | $1,659/mo |
| Texas | $296k | -1.4% | - |
| United States | $366k | +1.2% | $1,932/mo |
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Common questions
Are home prices falling in McKinney, TX?
Yes - the typical McKinney home value is down 5.1% over the past 12 months, at $473k (September 2026). Values are 14% below their July 2022 peak of $548k.
Is the McKinney housing market crashing?
Home values are 14% below their July 2022 peak and down 5.1% over the past year - a gradual decline, not a sudden collapse. Whether that continues isn't knowable from the data - this page updates every month when new figures come out.
How much is rent in McKinney, TX?
Typical rent in McKinney is $1,741 a month (September 2026), -1.9% over 12 months.
Is McKinney more expensive than the rest of the Dallas area?
The typical McKinney home ($473k) is 32% above the Dallas metro typical of $358k (September 2026).
More of the Dallas area
Dallas metro housing market · Fort Worth · Arlington · Plano · Frisco
Sources: Data Provided by Zillow Group (Zillow Home Value Index and Zillow Observed Rent Index for the city of McKinney, September 2026; days to contract for the metro area). 30-year mortgage rate: Freddie Mac PMMS. How we calculate.