McKinney home valuations fell in April

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The median assessed value of a home sold in April in McKinney fell by $7,492 while total valuation decreased by 41 percent, according to BlockShopper.com.

In April, there were 295 homes sold, with a median home valuation of $305,557 - a 2.4 percent decrease from the $313,049 median valuation for the same period of the previous year. There were 500 homes sold in McKinney in April 2021.

The following table compares McKinney to other Collin County cities with similar median home valuations in April:

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median ValuationApril 2021 Median Valuation% change (Median Valuation)
Richardson3845-15.6$369,857$346,1196.9
Frisco142223-36.3$352,583$388,209-9.2
Murphy2430-20$349,100$355,389-1.8
Plano373521-28.4$312,687$315,490-0.9
Sachse222010$306,514$354,808-13.6
McKinney295500-41$305,557$313,049-2.4
Allen142236-39.8$303,485$328,137-7.5
Celina231643.8$300,026$314,186-4.5
Nevada13-66.7$288,426$314,079-8.2
Royse City58-37.5$268,225$243,39110.2
Blue Ridge10-$265,772$0-

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