Is Plano, TX 75023 a buyer’s or seller’s market?
Plano is a seller’s market. With about 3.6 months of supply and 20% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 49% of U.S. ZIP codes, and #58 of 868 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Plano housing market right now
In the three months ending August 31, 2026, 20% of homes in Plano, TX 75023 sold above their list price, the typical home went under contract in 35 days and there were 3.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 120 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (19% then), homes sold faster (38 days then) and the median sale price rose 7% to $464,799. Overall, Plano is about as competitive as it was a year ago.
Within Collin County, homes here sell faster than in 89% of the county’s ZIP codes, and sell more often over asking than in 96%. On our competition score, Plano ranks #58 of 868 TX ZIP codes with enough sales (score 49 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).
Run the numbers for 75023
Nearby markets
Allen 75002Seller’s market $218 /sq ftAllen 75013Seller’s market $223 /sq ftAnna 75409Balanced $166 /sq ftBlue Ridge 75424Balanced $184 /sq ft Browse all markets →Towns like Plano nearby
Find towns like Plano in other states →Where Plano is
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Questions about Plano real estate
Is Plano a buyer’s or seller’s market?
A seller’s market: there were 3.6 months of supply in Plano, TX 75023 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Plano?
The typical home went under contract in 35 days in the latest three months.
Do homes in Plano sell over asking?
20% of homes sold above their original list price, and the typical sale closed at 98.7% of the list price.
What are property taxes in Plano?
About 1.58% of a home’s value a year in Collin County, or roughly $6,320 on a $400,000 home.
What is the median home price in Plano?
The median sale price was $464,799 in the three months ending August 31, 2026, about $208 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology