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By the Numbers

Real Estate Market Update

Curious about what the market’s doing in your neighborhood? Whether you’re thinking of buying, selling, or just staying informed, our local real estate market updates help you make smarter decisions. Below, you'll find the latest stats, trends, and expert commentary—broken down by county, city, and even neighborhood. This page is updated monthly with insights from The Dunnican Team’s on-the-ground expertise.

 

City of Allen, TX

MEDIAN SALES PRICE

$532,990

MEDIAN SALES PRICE

CLOSED SALES

93

CLOSED SALES

ACTIVE LISTINGS

269

ACTIVE LISTINGS

MONTHS INVENTORY

2.9

MONTHS INVENTORY

The Dunnican Team

Allen, TX Housing Market Update

The Allen, TX housing market reported a median sold price of $532,990 in March 2026, up 2.8% year over year, with 93 closed sales and 2.9 months of supply — one of the tightest inventory readings in the Dallas metro this month. Homes are closing at 97.3% of original list price in an average of 30 days, confirming that Allen's seller-favorable conditions remain structurally intact despite a modest moderation in pace from last year. The number to watch heading into April is pending sales, which declined 25.2% year over year — a softness in the forward pipeline that could affect April closings if it doesn't reverse with seasonal demand. New listings dropped 14.5%, keeping fresh supply constrained and supporting the tight inventory picture. Allen remains one of Collin County's most consistently competitive markets. The Dunnican Team breaks down what the March data means for buyers and sellers this spring.

ALLEN, TX HOUSING MARKET UPDATE – MARCH 2026

Allen Housing Market Update | Reporting Period: Mar 1–Mar 31, 2026 • Data via NTREIS

Allen is one of Collin County's most established and sought-after suburbs, with top-rated schools, mature neighborhoods, and proximity to major employment centers. March 2026 data reflects a market that remains fundamentally active and competitive, with inventory levels among the tightest in this month's full dataset—despite some softening in pending sales that warrants attention heading into spring.

Key Highlights | Allen Housing Market Update

  • Median Sold Price: $532,990 (+2.8% YoY)
  • Closed Sales: 93 (+5.7% YoY)
  • Active Listings: 269 (+0.4% YoY)
  • Months of Inventory: 2.9 (+3.6% YoY)
  • Sale-to-List Price Ratio: 97.3% (-0.4% YoY)

PRICES
Allen's median sold price rose to $532,990 in March 2026, a solid +2.8% year-over-year gain. Positive appreciation alongside high transaction volume gives this figure more statistical credibility than smaller markets. Homes are closing at 97.3% of original list price—down just -0.4 points from last March—a signal that Allen continues to function as a market where sellers hold measurable pricing authority and buyers are following through close to ask.

SALES ACTIVITY
93 closed sales represents a +5.7% improvement over March 2025—a meaningful and credible volume increase in a market this size. That's a strong headline for spring. The caveat is in pending sales, which declined -25.2% year over year—a notable forward-looking softness that could translate to weaker April closings. DOM expanded from roughly 20 to 30 days (+50%), which is one of the larger relative shifts in this month's data. Homes are taking half again as long to sell as they did a year ago, though 30 days still represents a reasonably brisk pace.

INVENTORY
Active listings were essentially flat at 269 (+0.4%)—nearly identical supply to last March. New listings dropped -14.5%, meaning fresh supply isn't entering the market at the same pace as last year. At 2.9 months of supply, Allen is one of the tightest markets in this entire batch—hovering right at the threshold that historically indicates seller-leaning conditions.

MARKET BALANCE
Despite the longer DOM, Allen's 2.9 months of supply and 97.3% SP/OLP confirm that the market favors sellers in structural terms. The faster pace of last year has clearly moderated—buyers aren't rushing and are taking 30 days to make decisions—but sellers with accurate pricing and strong presentation are still winning. The sharp drop in pending sales is the number to watch: if April closings disappoint, it could signal a more meaningful moderation underway.

What Sellers Need to Know

  • 2.9 months of supply and 97.3% SP/OLP confirm Allen remains seller-leaning—your pricing power is intact.
  • Closed sales improved 5.7% year over year, confirming buyers are engaged and actively transacting.
  • DOM doubled to 30 days—buyers are taking more time, so patience and preparation matter more than before.
  • New listings dropped 14.5%, meaning less fresh competition entering the market this spring.

What Buyers Need to Know

  • Allen is among the tightest markets in the batch at 2.9 months of supply—expect competition on well-priced homes.
  • Prices rose 2.8% year over year; waiting isn't cost-free in a market with this level of demand.
  • At 97.3% SP/OLP, Allen sellers aren't discounting significantly—come in with well-supported, competitive offers.
  • The -25.2% drop in pending sales may create some near-term opportunity if April inventory grows without a corresponding buyer surge.

2026 Allen Housing Market Forecast

Allen's spring market should remain competitive but more measured than the frenetic pace of 2021–2022. The combination of strong school ratings, proximity to major employment, and limited new construction in established neighborhoods creates durable demand that won't evaporate with rate movement. If mortgage rates stabilize or ease, the pending sales decline could reverse quickly—Allen is a market where buyer demand is never truly absent, just periodically delayed. The longer DOM trend bears watching: if it extends to 45–50 days by May, it would signal a more meaningful shift in buyer urgency. Sellers who price accurately and market aggressively should continue to find results. Buyers have a slightly longer runway to evaluate than last year, which is a welcome development—though truly exceptional properties will still generate competitive interest.

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Questions about the Allen market?

The Dunnican Team at Coldwell Banker Apex has deep roots in North Texas real estate and can help you understand what these numbers mean for your specific situation—whether you’re buying, selling, or keeping an eye on your investment. Call us at 972-679-1789 or visit thedunnicanteam.com.

Source: NTREIS MLS (Mar 1–Mar 31, 2026) with March 2025 comparison metrics from Texas REALTORS® Data Relevance Project (Allen, March 2025).

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Allen Housing Market — Frequently Asked Questions

Is it a good time to sell a home in Allen right now?

Allen remains one of the stronger seller positions in the Dallas metro. At 2.9 months of supply with homes closing at 97.3% of original list price and a 30-day average DOM, the structural conditions that give sellers pricing authority are intact. Closed sales improved 5.7% year over year to 93, confirming buyers are actively transacting — not sitting on the sidelines. New listings dropped 14.5%, meaning less fresh competition is entering the market this spring, which helps well-prepared listings stand out. The one number worth watching is the 25.2% decline in pending sales, which could soften April closings. Sellers who price accurately and present well are still achieving strong results; those who test the market high will feel the impact of buyers who are now taking 30 days to decide rather than 20.

Is it a good time to buy a home in Allen right now?

Allen is a competitive market that requires preparation, but buyers have a slightly more manageable environment than a year ago. The DOM expanding from roughly 20 to 30 days means you have more time to evaluate than last spring — a meaningful practical improvement in a market that previously moved very fast. That said, 2.9 months of supply and a 97.3% sale-to-list ratio tell you this market still favors sellers in structural terms. Deeply discounted offers won't gain traction on well-priced homes. The 25.2% drop in pending sales could create some near-term opportunity if it reflects hesitating buyers rather than absent ones — those who are ready and prepared may find less competition than the tight inventory figures suggest. Come in pre-approved, know your target neighborhoods, and be ready to move decisively when the right property appears.

How long are homes sitting on the market in Allen?

Homes in Allen averaged 30 days on market in March 2026, up from roughly 20 days in March 2025 — a 50% relative increase that reflects a real shift in buyer behavior, even if 30 days still represents a reasonably brisk pace by Dallas metro standards. Buyers are taking more time to evaluate options before committing, which is a notable change from the near-instant decision-making of prior years. For sellers, it means preparation and first impressions carry more weight than they did when homes were flying off the market in days. For buyers, the longer DOM offers a slightly more comfortable window to think — but Allen's established neighborhoods and top-rated schools mean well-priced homes in desirable areas are not waiting weeks for offers. If the DOM trend extends to 40–45 days through spring, it would signal a more meaningful shift in market urgency.

Are home prices rising or falling in Allen?

Home prices in Allen are rising at a steady, sustainable rate. The median sold price reached $532,990 in March 2026, a +2.8% gain from March 2025 — and with 93 closed sales, this is a statistically credible result rather than a small-sample fluctuation. The 97.3% sale-to-list ratio, essentially unchanged from last year, confirms that buyers are consistently paying close to asking price — not negotiating sellers down significantly. Allen's price appreciation reflects durable demand driven by its school district, employment proximity, and the limited new construction available in its established neighborhoods. Prices here are not spiking the way they did in 2021, but the directional trend is clearly positive and well-supported by the underlying market fundamentals.

How competitive is the Allen housing market?

Allen is one of the more competitive markets in Collin County, with 2.9 months of supply placing it among the tightest in the entire Dallas metro dataset this month. The 97.3% sale-to-list ratio and 30-day average DOM confirm active buyer engagement — sellers are not discounting significantly and homes are not sitting. That said, the pace has moderated from prior years: buyers are taking 30 days to decide rather than 20, and the sharp drop in pending sales (-25.2%) is a forward-looking signal worth monitoring. Competition is most intense in Allen's top school attendance zones and mature neighborhoods where resale inventory is naturally limited. Buyers who arrive pre-approved with a clear sense of their priorities and a willingness to offer competitively on the right property navigate Allen successfully. Those who approach it casually will find the market has already moved on.

Have questions about buying or selling in Allen? Talk to The Dunnican Team — we serve buyers and sellers across Collin County and can help you navigate current market conditions with clear, data-driven guidance.

Allen Real Estate Overview

Established Excellence, Exceptional Schools, and a Prime Collin County Address

About Allen, TX

Allen is one of the most consistently sought-after cities in the Dallas-Fort Worth Metroplex — a fully built-out Collin County suburb that has earned its reputation through strong schools, well-maintained neighborhoods, and a quality of life that keeps residents here for decades. Located along US-75 (Central Expressway) approximately 25 miles north of Downtown Dallas, Allen offers straightforward access to major employment corridors in Plano, Richardson, and the Legacy business district while maintaining a distinct community identity that sets it apart from its neighbors.

What defines Allen is a sense of completeness. The infrastructure is established, the retail and dining scene is mature, the parks system is extensive, and the school district consistently ranks among the strongest in Texas. For buyers who want a proven community rather than a growing one, Allen delivers. For sellers, that same reputation translates to sustained demand and a buyer pool that knows exactly what it's getting.

Allen's market moves with the broader North Texas economy but tends to hold value well during softer periods — a function of its location, its school district, and the pride residents take in maintaining their properties and neighborhoods.

Homes for Sale in Allen, TX

Allen's housing stock reflects its development history — a city that grew rapidly through the 1990s and 2000s and has been filling in with infill development, estate-size lots along its eastern edges, and a limited but active resale market in its most established neighborhoods. New construction opportunities exist but are concentrated in specific pockets rather than across the city.

Property types include:

Established single-family homes in mature neighborhoods like Twin Creeks, Watters Crossing, and Bethany Mews — well-maintained, landscaped, and priced to reflect their location and school access

Luxury and estate homes in gated and semi-custom communities, particularly along Allen's eastern corridors where larger lots and custom finishes are more common

New construction in infill and planned communities, where builders continue to deliver homes in the $500k–$900k range targeting move-up buyers

Patio homes and paired villas in select communities, appealing to buyers seeking lower-maintenance living without leaving Allen's school boundaries

Active adult and 55-plus communities, a growing segment as longtime Allen residents look to downsize without relocating outside the city

Pricing in Allen spans a wide range — from the mid $300s for smaller homes in older neighborhoods to well over $1 million for estate properties — but the heart of the market lives in the $450k–$750k range, where the majority of resale activity concentrates.

Why Buyers Are Choosing Allen

Allen's appeal is not a secret, which is part of what makes it competitive. Buyers who are specifically targeting Collin County often put Allen at the top of the list — and for good reason.

Top reasons buyers are making the move:

Allen ISD, one of the most highly regarded school districts in Texas, with strong academics, athletics, fine arts programs, and a track record that matters to families at every stage

Excellent retail, dining, and entertainment access, anchored by Watters Creek and the Allen Premium Outlets, with everyday conveniences distributed throughout the city so nothing feels far

Extensive parks and trail systems, including Celebration Park, Cottonwood Creek Trail, and more than 900 acres of parks and open space woven throughout the community

A mature, walkable neighborhood fabric in older sections and well-planned amenities in newer ones — the city has had decades to get the details right

Consistent resale demand, driven by the school district and location, that gives buyers confidence their investment is unlikely to underperform the broader market

Strong commute access to major employment nodes along US-75 and the broader Plano/Richardson tech corridor — a meaningful advantage for buyers who commute north rather than into Dallas

For buyers comparing Allen against newer communities in Fairview, Lucas, or Wylie, the decision often comes down to a tradeoff between land and lot size versus access and established infrastructure. Allen consistently wins on the infrastructure side.

Your Local Experts in Allen Real Estate

Allen's market moves quickly in competitive price ranges and requires an agent who understands the neighborhood-by-neighborhood nuances — which streets are most desirable within Twin Creeks, which schools serve which sections of the city, and how to price a home in a market where buyers are well-informed and have options.

Cindy and Cory Dunnican of The Dunnican Team at Coldwell Banker Apex, Realtors® bring more than 25 years of experience serving buyers and sellers across Northeast Dallas and Collin County. Whether you're buying your first home in Allen, upsizing into a custom estate, or preparing to sell a property you've owned for years, they offer the local knowledge, strategic pricing approach, and personalized guidance to help you navigate this market with confidence.

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