Housing Prices in Allen, TX

How much do homes in Allen, TX cost?

Median List Price

$554,450

$229/sqft

Based on all homes listed in the last 12 months.

Difference Since August 2023

+$4,565(+0.8%)

Key Takeaway

The list price of homes in Allen has increased by 0.8% since last year.

Summary: The median home list price in Allen was $554,450 in August 2024, up 0.8% from the previous year, and the median price per square foot was $229.

Median List Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 -$2.4M
N/A
2 $478.1K$430.5K
-10.0%
3 $425K$425.3K
0.1%
4 $602.4K$629K
+4.4%
5+ $849.9K$925K
+8.8%

Summary: Allen housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 8.8%.

Median List Price Compared To Nearby Cities

Parker
+30.0%
Lucas
+18.2%
Plano
+5.4%
Fairview
+5.3%
Allen
+0.8%

Housing Supply in Allen, TX

How many homes are available in Allen, TX?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
544552+1.5%

Summary: The Allen real estate market had 552 homes for sale in August 2024, a 1.5% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 2122
+4.8%
3 169171
+1.2%
4 229239
+4.4%
5+ 125120
-4.0%

Summary: The Allen housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes decreased by 4%.

Days on Market for Allen, TX

How long does it take to sell a home in Allen, TX?

Average Listing Age

Aug 2023Aug 2024CHANGE
94 Days64 Days-31.6%

Summary: Homes in Allen had an average listing age of 64 days in Aug 2024, down by 31.6% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 9 Days Ago

Newest Listings in Allen, TX

Nearby Markets to Allen, TX

What housing markets are near Allen, TX?