Is Allen, TX 75002 a buyer’s or seller’s market?

The Allen housing market right now

In the three months ending August 31, 2026, 10% of homes in Allen, TX 75002 sold above their list price, the typical home went under contract in 49 days and there were 3.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 234 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (11% then), homes sold about as fast and the median sale price fell 1% to $499,784. Overall, Allen is about as competitive as it was a year ago.

Within Collin County, homes here sell faster than in 56% of the county’s ZIP codes, and sell more often over asking than in 74%. On our competition score, Allen ranks #324 of 868 TX ZIP codes with enough sales (score 29 out of 100).

Nearby, buyers who want less competition could look at Lavon 75166 (3% sold over asking) or Blue Ridge 75424 (3% sold over asking), while Plano 75074 (20% sold over asking) and Plano 75023 (20% sold over asking) are even more competitive.