Plano home prices have already eased a bit from their peak, but are not in a free‑fall; most data points to a shallow correction through 2026, more “flat to slightly down” than a major decline. For buyers and sellers in Plano, that likely means a negotiating‑friendly but still fundamentally stable market rather than a crash.
Quick Answer: Decline or Hold Steady?
- In November 2025, the median sale price in Plano was approximately $ 520,000, down roughly 3% year over year, indicating a modest price adjustment rather than a sharp decline.
- Zillow’s home value index for Plano shows average values down around 4–5% over the past year, consistent with a mild correction.
- Regional forecasts for the Dallas–Fort Worth area call for prices to remain mostly flat or dip slightly further into early to mid–2026 before stabilizing, which suggests that Plano is more likely to see small moves than big swings.
What Recent Data Says About Plano Prices
- A late‑December 2025 Plano market update reported 448 active listings with a median active price around 545,995, and year‑to‑date sold prices up by about 2,000 versus 2024, indicating small changes rather than big gains.
- Redfin estimates Plano’s November 2025 median sale price at $ 520,000 and notes that homes are taking longer, with an average of about 62 days on market versus 39 days a year earlier, which shifts some leverage back to buyers.
- Zillow’s index puts the average Plano home value near $499,000 and down about 4.7% from the prior year, which matches the story of a gentle post‑pandemic comedown in prices.
Plano vs. Collin County: How Do Trends Compare?
The broader county has seen a steeper correction than Plano, which helps explain why Plano feels more “sideways” than “crashing.”
Recent median sale price trends for Plano vs. Collin County
- Collin County’s average home value is around $ 493,000 and has decreased by roughly 4.9–5.2% year over year, which is a larger decline than the Plano decrease.
- A June 2025 snapshot showed Collin County’s median price at 485,000, down 4% YoY, reinforcing the “gradual step‑down” pattern in the broader county.
2026 Outlook: Will Plano Prices Drop More?
- DFW‑wide forecasts suggest home prices will “remain flat or dip slightly” through 2026, with the median price for the metro potentially drifting down toward 350,000 before finding a bottom.
- Analysts expect the cooling trend, driven by higher mortgage rates, more inventory, and fewer bidding wars, to continue into at least the first half of 2026, with some of the steepest drops in fast‑building northern suburbs rather than built‑out cities like Plano.
- Local commentary notes that, after several years of aggressive gains, Collin County prices have largely stabilized, with more balanced conditions providing both buyers and sellers with clearer expectations.
Bottom line for Plano:
- Short-term (next 6–12 months): The most likely scenario is “flat to slightly lower” prices, especially for homes that are dated or overpriced.
- Well‑presented homes in top school zones can still sell near recent comps, but sellers need to be realistic and strategic with pricing and concessions.
What This Means If You’re Buying or Selling in Plano
- For buyers:
- You now have more selection and time, with longer days on market and more frequent price reductions across Plano and Collin County.
- With many experts expecting only mild additional declines, the bigger savings over time often come from getting into the right neighborhood and rate‑buydown strategy rather than trying to time the exact bottom.
- For sellers:
- The market has shifted from a frenzied seller’s market to a more balanced one, so homes that are not priced correctly show up as longer DOM and multiple price cuts.
- Updated, move-in-ready homes in strong Plano school zones still achieve solid outcomes when listed in line with current data, rather than 2022–2023 peak expectations.
If you are wondering whether to buy, sell, or simply hold in Plano over the next year, the smartest next step is to conduct a local, ZIP-code-level price and demand check for your specific situation. For a personalized Plano or Collin County market review, complete with neighborhood‑level pricing, days‑on‑market stats, and a tailored buy‑now vs. wait strategy, reach out to Ghazala Shaheen.
