Collin County median home valuation prices fell by 0.8% in December 2024 compared to December 2023

Stacey Kemp, Clerk of Collin County | https://www.txdirectory.com/

In December 2024, the median sale price of a home in Collin County fell by $2,592 from the same period in the previous year, while total sales increased by 8.6%, according to BlockShopper.com.

There were 749 homes sold in December 2024, with a median sale price of $317,864 — a 0.8% decrease from the $320,456 median sale price during the same period of the previous year. In comparison, 690 homes were sold in Collin County in December 2023.

Based on the latest available data from 2019, the median sales tax in Collin County was $6,188, which stands at 1.9% of December 2024's median home sale price.

The U.S. housing market has soared in recent years, with its total value nearing $50 trillion in 2024. This is almost five times greater than the market's value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.

The following histogram displays changes in median sales prices in Collin County from December 2023 to December 2024.