Plano, TX Housing Market Update – March 2026
Reporting Period: Feb 1–Feb 28, 2026 • Data via NTREIS
Plano is one of DFW's most consequential housing markets — large enough to carry meaningful statistical weight, established enough to have deep demand roots, and diverse enough that its data rarely tells a simple story. February's numbers reflect a market that's slowing at the surface while holding structural integrity underneath. The headline figures look softer than the fundamentals suggest.
Key Highlights | Plano Housing Market Update
- Median Sale Price: $478,790 (↓ 8.8% YoY)
- Closed Sales: 171 (↓ 11.9% YoY)
- Active Listings: 567 (↑ 10.7% YoY)
- Months of Inventory: 2.7 (↑ 0.3 months YoY)
- Median Days on Market: 69 (↑ 18 days YoY)
- Median Price per Sq Ft: $214.29 (↓ 5.5% YoY)
- Close-to-Original List Price: 94.9%
PRICES
Plano's February median of $478,790 — down 8.8% from a year ago — sits alongside a price per square foot of $214.29, down 5.5% year over year. Both figures reflect a market that's adjusting, but the price distribution offers important nuance. The $500–$749k band led all segments at 34.1% of closings, with $300–$399k at 23.4% and $400–$499k at 24.0%. That spread across multiple price tiers — with the upper-mid segment dominating — creates a median that's heavily influenced by which specific tier was most active in February 2025 versus 2026. The per-square-foot decline of 5.5% is more telling than the median alone, and even that figure reflects Plano's naturally wider price composition. The median home size of 2,262 square feet — down slightly from 2,358 in 2019 — reflects a market gradually absorbing more mid-size properties alongside its larger luxury inventory.
SALES ACTIVITY
171 closed sales — down 11.9% from 194 in February 2025 — is a meaningful but not alarming decline for a city of Plano's scale. Homes averaged 69 days on market, up 18 days year over year — a notable shift that signals buyers are cross-shopping more carefully and committing more slowly. Total transaction time reached 96 days, up 19 days from last February. Days to close came in at 27, essentially flat. The pre-contract period is where the behavioral change is concentrated — once buyers decide, closings still move efficiently. For sellers, the practical implication is clear: price discipline from listing day one is no longer optional.
INVENTORY
Active listings reached 567 in February — up 10.7% from 512 a year ago — while months of inventory edged up modestly to 2.7. That 2.7-month figure is among the tighter supply readings in this month's broader report, which is a meaningful differentiator for Plano. Despite a 10.7% increase in listings, demand has absorbed enough of that new supply to keep inventory compressed relative to many comparable markets. The community's corporate employment base — anchored by major headquarters and regional offices along the US-75 and Dallas North Tollway corridors — continues to underpin a demand floor that less employment-driven suburbs simply don't have.
MARKET BALANCE
At 2.7 months of inventory and a close-to-list ratio of 94.9%, Plano is operating in seller-leaning balanced territory — tighter than most DFW suburbs despite its inventory increase. The 94.9% close-to-list figure means buyers are negotiating modestly but not aggressively; sellers who price correctly are still transacting close to their ask. The median year built of 1987 reflects Plano's established character — a city where much of the housing stock is mature but well-maintained, and where location and school district access continue to drive demand independent of broader market cycles.
What Sellers Need to Know
- 2.7 months of inventory is still relatively tight — Plano hasn't flooded with supply the way some adjacent markets have, which provides structural price support.
- Homes are averaging 69 days on market — up 18 days year over year. Buyers are deliberating longer; price your home to attract attention in the first two weeks, not to negotiate down from an optimistic number.
- The close-to-list ratio of 94.9% means you can expect negotiation — but sellers who price accurately are still getting within 5% of asking price consistently.
- The $500–$749k range drove 34.1% of February closings — Plano's upper-mid market remains active, which gives higher-priced homes a legitimate buyer pool to attract.
What Buyers Need to Know
- 567 active listings gives you real options across multiple price tiers — Plano's inventory is up 10.7% year over year, meaning more to choose from than you had twelve months ago.
- At 2.7 months of supply, Plano is tighter than most DFW markets — don't mistake the slower pace for unlimited time if you find a property that checks all your boxes.
- The close-to-list ratio of 94.9% is your negotiating benchmark — reasonable offers with modest concessions are being accepted; aggressive lowballs are not consistent with this market.
- The median year built of 1987 means a diligent inspection is essential — Plano's established housing stock is generally well-maintained, but HVAC, roofing, and foundation due diligence is critical at this age range.
2026 Plano Housing Market Forecast
Plano enters spring 2026 with supply that's growing but still constrained, a buyer pool that's slowed but hasn't retreated, and pricing that's adjusting at the margins without any structural deterioration. The 18-day increase in days on market is the clearest behavioral shift to monitor — if that figure contracts as spring demand builds, it would confirm the February slowdown is seasonal rather than structural.
The community's employment anchor — major corporate campuses along the North Dallas employment corridor — gives Plano a demand resilience that purely residential suburbs lack. Relocation buyers, corporate transferees, and move-up families from closer-in Dallas neighborhoods continue to provide a steady demand foundation that should support pricing stability through mid-year.
If mortgage rates ease in the second half of 2026, Plano's $400k–$550k core is positioned to see meaningful demand reactivation. At 2.7 months of supply, even a modest demand uptick could tighten the market noticeably and begin compressing the current close-to-list gap.
Buying or selling in Plano? The Dunnican Team works across Collin County and can help you navigate a market where timing and pricing precision matter. Let's talk.
Source: NTREIS MLS (Feb 1–Feb 28, 2026) with February 2025 comparison metrics from the Texas REALTORS® Data Relevance Project, in partnership with the Real Estate Center at Texas A&M University.
