November 4, 2026 | By Jared Tye, Broker and Owner of Tye Realty Group
If you’ve been watching homes in McKinney, you’ve probably seen a few price drops come through. This week’s market report puts a number on it. 54% of single-family listings have had a price reduction.
At the same time, the report still gives sellers a slight advantage. That combination is worth paying attention to. The balance between sales and available inventory can favor sellers citywide while individual homes still have to compete on price, condition and location.
McKinney’s Housing Market at a Glance
| Metric | November 4, 2026 |
|---|---|
| Median asking price | $539,900 |
| Median asking price for new listings | $550,000 |
| Single-family homes on the market | 1,122 |
| Median days on market | 77 |
| Listings with a price reduction | 54% |
| Market Action Index | 33, unchanged from last month |
Inventory was down in the latest report, while asking prices had been fairly steady for several weeks. And that $539,900 figure is the median asking price. To see what buyers are actually paying, I’d look at recent closed sales for comparable homes.
Your Price Range Tells a Different Story
The citywide median of 77 days on market only gets you so far. Altos splits McKinney’s listings into four roughly equal groups by price. The two lower-priced groups, with median asking prices of $359,050 and $470,000, each showed 63 days on market. The group with a median asking price of $845,000 showed 98 days.
That’s a meaningful difference if you’re trying to figure out how quickly you need to move on a house or how long to budget for your own home to sell. I’d narrow it down further to your neighborhood, your price range and the homes a buyer would realistically consider alongside yours.
What I’d Look at as a Buyer
If a home you liked a month ago is still available, it may be worth another look. I’d check when the seller last reduced the price and compare the new asking price with similar homes that have closed nearby. A price cut can bring a home in line with the market, or there may still be room to negotiate. Depending on the property and the seller, a closing-cost credit might be more valuable to you than another small drop in price.
What I’d Look at as a Seller
Before settling on a list price, pull up the three or four homes a buyer would tour on the same Saturday as yours. Look through their photos. Check which ones have already reduced their prices. Then look at the homes that actually sold and see how yours compares on condition, updates and lot.
That’s the exercise I’d do before listing. If buyers can get a similar floor plan with a newer kitchen or a better lot for the same money, you want to know that before your first weekend on the market.
If you’re thinking about buying or selling in McKinney, Tye Realty Group can help you see how these numbers apply to the specific homes and neighborhoods you’re considering. Reach out and we’ll walk through the active listings, recent sales and price changes with you.
Source — Chicago Title and Altos Research, McKinney single-family market report, November 4, 2026.