Plano Home Prices Fall While Sales Tick Up in October
Community Impact reported that Plano median home sales price fell to $498,000 in October 2025, about $30,000 lower than a year earlier, while the number of homes sold rose. The shift matters for Collin County residents because it signals changing market conditions that affect affordability, property tax growth, and planning decisions.
On November 17, Community Impact published an analysis of MetroTex Association of Realtors data showing that Plano’s median home sales price in October 2025 was $498,000, roughly $30,000 lower than October 2024. At the same time the number of homes sold in the city increased from 194 in October 2024 to 212 in October 2025. A total of 303 homes were listed on the market during October, and the Community Impact piece included ZIP code level market statistics and days on market trends intended for planners, buyers and sellers.
Those headline figures encapsulate a subtle but important market shift. The year over year decline in the median sales price represents about a 5.7 percent drop from the prior year level implied by the data. Meanwhile the rise in closed sales by roughly 9 percent indicates that buyer activity persisted even as prices eased. The combination of higher active listings and rising transactions points to greater choice for buyers and a market that is moving toward balance after a period of strong sellers market conditions.
For local residents the effects are immediate and practical. Prospective home buyers may find slightly improved affordability compared with last year, since the median sale price declined by about $30,000. Sellers should adjust pricing expectations and work closely with agents to highlight value, because higher inventory can extend time to sale and put pressure on asking prices. Homeowners and real estate investors should watch ZIP code specific trends and days on market data to understand neighborhood level dynamics, since city wide averages can mask substantial variation across Plano neighborhoods.
The change also has implications for municipal finances and planning. Slower or negative growth in median sale prices can moderate the growth of assessed property values, with potential consequences for property tax revenue projections and budget planning for schools and local services. City planners and elected officials will want to monitor whether the price adjustment is temporary or part of a longer term normalization that affects housing stock demand and future land use decisions.
Looking ahead, the most relevant indicators to watch are inventory levels, days on market, and monthly median price movement at the ZIP code level. These metrics will help determine whether October represented a short lived correction or the beginning of a sustained shift. For now Collin County residents can interpret the October data as a sign that the Plano housing market is becoming a bit more favorable to buyers while remaining active for sellers and investors.
