Photo: IvoShandor · CC BY-SA 3.0141 homes sold in Plano in the last year, at a typical $280K
About one sale in 3 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Plano homes are listed.
Every place Plano homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Plano.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 65% of Plano’s sales, at a typical $317K
141 homes sold in the year to May 2026.
typical sale · 91 sold in 12 months
- Per square foot
- $189IL $180
- Days to sell
- 47
- Sold over asking
- 47%
- Listings with a price cut
- 17%
Townhouses: 47 sold, typical $244K
Condos: 3 sold, typical $277K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2021, at twice the 2016 price
141 sales in the last year, against 297 in 2020 and a low of 143 in 2023. The typical sale went from $137K in 2016 to $280K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $300K buys in Plano
Check a listing against what Plano homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Plano are more common than before the pandemic, but 56% fewer homes come up for sale
We read every month of Plano’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 141 sales.
If you’re buying in Plano
- Shop in August. It brings about 24 new listings a month, close to the busiest month, with fewer bidding wars (37% over asking).
- Less room to haggle. Only 17% of listings cut their price, against 23% before the pandemic.
- Bid near asking. Buyers paid 99.7% of the list price on average; 42% paid over.
- Move fast on good ones. Half of homes are under contract within two weeks.
Spring brings both the most homes and the most bidding wars
May has the most new listings (about 28 a month), and the most competition: 46% close over asking. July and August offer nearly as much choice with fewer homes bid up (40%). October has the least competition (27%).
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and about like Illinois as a whole
| Plano now | 2017–19 | 2021 peak | IL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 42% | 28% | 50% | 37% |
| Gone within two weeksShare of homes under contract within 14 days | 53% | 38% | 68% | 46% |
| Listings with a price cutShare of homes for sale that cut their price | 17% | 23% | 19% | 19% |
| Price paid vs. askingAverage sale price ÷ list price | 99.7% | 98.5% | 100.9% | 99.2% |
| Days to sellMedian days from listing to contract | 50 | 60 | 11 | 49 |
27 homes for sale on a typical day
That’s 1.3 times the 2021 low (20), 56% fewer than in 2017–19 and well under 2019’s 76.
1 in 6 listings has cut its price
17% in the last year, against 23% in 2017–19 and 19% across Illinois.
Plano ranks 117th of 324 busy Illinois markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Plano is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Plano home costs about $2,081 a month
Price: Plano’s typical sale, last 12 months. Property tax at Plano’s 2.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Plano is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 9.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $280K home, about $7,430 a year.
Taxes vs. neighborsSchools
The schools grade for Plano, from test results, graduation and how much students grow.
Schools in PlanoCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Hinckley and Somonauk sell for less a square foot
The busier markets within 25 miles of Plano, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Yorkville | 432 | $373K | $186 | 37% | 61 |
| Sugar Grove | 159 | $430K | $186 | 29% | 57 |
| Plano | 141 | $280K | $182 | 42% | 50 |
| Lake Holiday | 84 | $369K | $205 | 27% | 53 |
| Sandwich | 79 | $315K | $205 | 34% | 48 |
| Hinckley | 49 | $356K | $173 | 22% | 91 |
| Somonauk | 27 | $261K | $168 | 48% | 67 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Plano, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Plano. People who follow the town see it, and so do people comparing Plano with their own town. No commission, no listing fee.
Questions about buying a home in Plano
What do homes sell for in Plano, IL?
141 homes sold in the year to May 2026 at a typical $280K, $182 a square foot.
Is Plano a buyer’s or seller’s market?
A seller’s market: 23 homes were for sale in May 2026 and 14 sold, about 1.6 months of supply. Buyers paid 99.7% of asking on average, and 17% of listings cut their price.
When is the best time to buy in Plano?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Plano?
About 2.7% of a home’s value a year. On a $280K home that’s near $7,430.
Where can I see homes for sale in Plano?
Zillow, Redfin, Realtor.com and Homes.com all carry Plano’s MLS listings; the search links above open each one filtered to Plano.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).