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Locomotive at Allen Heritage CenterPhoto: CityofAllen · CC BY-SA 4.0
Housing in Allen

1,095 homes sold in Allen in the last year, at a typical $499K

Almost every sale is a house. 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 Allen homes are listed.

Homes sold
1,095
June 2025 to May 2026
Typical sale price
$499K
houses $519K · condos $360K
Price per square foot
$213
Texas $175
Paid vs. asking
97.8%
15% sold over asking
For sale now
366
May 2026 · 108 sold that month
What sold · last 12 months

1% of Allen’s sales are condos, at $159K less than a house

977 houses and 15 condos sold in the year to May 2026. Houses sell faster.

Houses$519K

typical sale · 977 sold in 12 months

Per square foot
$211TX $173
Days to sell
55
Sold over asking
16%
Listings with a price cut
34%
Condos$360K

typical sale · 15 sold in 12 months

Per square foot
$222TX $226
Days to sell
185
Sold over asking
13%
Listings with a price cut
42%
Fewer sales

Townhouses: 103 sold, typical $436K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2021, at 1.6 times the 2016 price

1,095 sales in the last year, against 1,717 in 2020 and a low of 1,110 in 2023. The typical sale went from $304K in 2016 to $499K.

Homes soldTypical sale price
043787513121750$225K$350K$475K$600K2012: 1502 sold, typical $201K’122013: 1669 sold, typical $239K2014: 1659 sold, typical $255K’142015: 1658 sold, typical $279K2016: 1675 sold, typical $304K’162017: 1604 sold, typical $322K2018: 1412 sold, typical $335K’182019: 1517 sold, typical $337K2020: 1717 sold, typical $356K’202021: 1648 sold, typical $428K2022: 1234 sold, typical $550K’222023: 1110 sold, typical $519K2024: 1153 sold, typical $512K’242025: 1152 sold, typical $511KLast 12 months: 1095 sold, typical $499KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $500K buys in Allen

Houseat $211 a sq ft
Condoat $222 a sq ft
The same money in Texasat $173 a sq ft

Is this asking price fair?

Check a listing against what Allen 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.

What the sales history says · 14 years of sales

Bidding wars in Allen are rarer than before the pandemic, with about as many homes for sale

We read every month of Allen’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, 1,095 sales.

If you’re buying in Allen

  • Shop in July. It brings about 186 new listings a month, close to the busiest month, with fewer bidding wars (37% over asking).
  • You can negotiate. 34% of listings have cut their price, against 31% before the pandemic.
  • Offer under asking. Buyers paid 97.8% of the list price on average; 15% paid over.
  • You’ll usually have time. Only 28% of homes go under contract within two weeks; the typical one takes 58 days.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 200 a month), but April is the most competitive: 44% of April sales close over asking. June and July offer nearly as much choice with fewer homes bid up (41%). December has the least competition (25%) but only about 68 new listings.

New listings a monthShare sold over asking
051.3102.5153.820520%40%60%Sweet spotJan: 111 new listings a month, 27% sold over asking, 45 days to sellJFeb: 121 new listings a month, 30% sold over asking, 38 days to sellFMar: 164 new listings a month, 38% sold over asking, 27 days to sellMApr: 175 new listings a month, 44% sold over asking, 24 days to sellAMay: 200 new listings a month, 44% sold over asking, 25 days to sellMJun: 197 new listings a month, 41% sold over asking, 27 days to sellJJul: 186 new listings a month, 37% sold over asking, 30 days to sellJAug: 146 new listings a month, 33% sold over asking, 33 days to sellASep: 129 new listings a month, 26% sold over asking, 38 days to sellSOct: 125 new listings a month, 26% sold over asking, 41 days to sellONov: 88 new listings a month, 25% sold over asking, 40 days to sellNDec: 68 new listings a month, 25% sold over asking, 47 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Texas as a whole

Allen now2017–192021 peakTX now
Sold over askingShare of sales that closed above the list price15%22%73%12%
Gone within two weeksShare of homes under contract within 14 days28%40%73%20%
Listings with a price cutShare of homes for sale that cut their price34%31%13%30%
Price paid vs. askingAverage sale price ÷ list price97.8%98.6%105.2%96.9%
Days to sellMedian days from listing to contract58401971
Supply

364 homes for sale on a typical day

That’s 2.8 times the 2021 low (132) and about the 2017–19 level.

2012: 354 for sale’122013: 274 for sale2014: 274 for sale2015: 257 for sale’152016: 279 for sale2017: 299 for sale2018: 365 for sale’182019: 398 for sale2020: 278 for sale2021: 132 for sale’212022: 188 for sale2023: 175 for sale2024: 256 for sale’242025: 365 for saleLast 12 months: 364 for saleNow
Room to negotiate

1 in 3 listings has cut its price

34% in the last year, against 31% in 2017–19 and 30% across Texas.

2015: 22%’152016: 27%2017: 30%2018: 31%’182019: 32%2020: 24%2021: 13%’212022: 33%2023: 34%2024: 33%’242025: 34%Last 12 months: 34%Now
Prices by type

Since 2019, houses are up 50%, condos 54%

A house typically sold for $519K in the last year (977 sales), a condo for $360K (15).

$250K$400K$550K$700K2013201520172019202120232025NowHouses 2013: $244K, 1613 salesHouses 2014: $258K, 1607 salesHouses 2015: $287K, 1589 salesHouses 2016: $307K, 1623 salesHouses 2017: $327K, 1540 salesHouses 2018: $340K, 1343 salesHouses 2019: $347K, 1450 salesHouses 2020: $363K, 1608 salesHouses 2021: $445K, 1514 salesHouses 2022: $572K, 1105 salesHouses 2023: $556K, 962 salesHouses 2024: $537K, 1022 salesHouses 2025: $529K, 1015 salesHouses last 12 months: $519K, 977 salesHouses $519KCondos 2014: $159K, 8 salesCondos 2015: $188K, 5 salesCondos 2019: $234K, 4 salesCondos 2020: $328K, 9 salesCondos 2021: $366K, 31 salesCondos 2022: $451K, 28 salesCondos 2023: $451K, 23 salesCondos 2024: $415K, 35 salesCondos 2025: $397K, 20 salesCondos last 12 months: $360K, 15 salesCondos $360K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Texas

Allen ranks 112th of 372 busy Texas markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Allen 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.

Rent or buy?

Owning the typical Allen home costs about $3,306 a month

Mortgage
Property tax
Insurance
Rent

Price: Allen’s typical sale, last 12 months. Property tax at Allen’s 1.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Allen is affordable on local pay is on Cost of living.

Before you buy in Allen

Six things worth knowing

200

New listings in May

The month with the most choice. December has the fewest, about 68.

Best time to buy
1.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $499K home, about $8,430 a year.

Taxes vs. neighbors
A

Schools

The schools grade for Allen, from test results, graduation and how much students grow.

Schools in Allen
28 min

Typical commute

The average one-way trip to work for people who live in Allen.

Work & commute
Flood

Check 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 hazards
Records

Look 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.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot; Parker and Lucas for far more

The busier markets within 25 miles of Allen, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
McKinney2,855$509K$20811%60
Plano2,544$507K$21914%50
Allen1,095$499K$21315%58
Fairview166$612K$25311%63
Lucas112$1.2M$2977%85
Parker60$1.2M$2698%69
Seis Lagos41$616K$2112%89

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.

Selling, or renting out?

Post your home to Allen, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Allen. People who follow the town see it, and so do people comparing Allen with their own town. No commission, no listing fee.

Questions about buying a home in Allen

What do homes sell for in Allen, TX?

1,095 homes sold in the year to May 2026 at a typical $499K, $213 a square foot. Houses sold for about $519K, condos for about $360K.

Is Allen a buyer’s or seller’s market?

A seller’s market: 366 homes were for sale in May 2026 and 108 sold, about 3.4 months of supply. Buyers paid 97.8% of asking on average, and 34% of listings cut their price.

When is the best time to buy in Allen?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Allen?

About 1.7% of a home’s value a year. On a $499K home that’s near $8,430.

Where can I see homes for sale in Allen?

Zillow, Redfin, Realtor.com and Homes.com all carry Allen’s MLS listings; the search links above open each one filtered to Allen.

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).