Understanding Home Values in Phillips Creek Ranch
Understanding Home Values in Phillips Creek Ranch is essential for buyers and sellers exploring this master-planned community in Frisco, Texas. Known for its upscale homes, family-friendly amenities, and prime location, Phillips Creek Ranch offers a vibrant lifestyle that directly influences property values.
Property Characteristics in Phillips Creek Ranch
Homes in Phillips Creek Ranch are large, single-family residences typically offering three to five bedrooms. With contributions from 12 different builders, the community provides diverse options, ranging from the $400,000s to over $1.7 million, catering to various buyers.
Market Trends in Phillips Creek Ranch
As of August 2024, the median sale price for homes in Phillips Creek Ranch was approximately $1.1 million. Homes spent an average of 32 days on the market, reflecting a moderately paced real estate market in this desirable neighborhood.
Community Amenities and Location
Phillips Creek Ranch provides access to parks, trails, and recreational facilities that enhance its appeal. Its convenient location near major highways, The Shops at Legacy, and neighboring cities such as Plano and McKinney makes it a top choice for families and professionals.
School District Quality
Phillips Creek Ranch is served by the highly-rated Frisco Independent School District, featuring multiple on-site schools, including Rick Reedy High School. This makes the community particularly attractive to families seeking excellent education opportunities.
Conclusion
Understanding Home Values in Phillips Creek Ranch involves assessing factors such as property characteristics, market trends, and amenities. This sought-after neighborhood in Frisco, Texas continues to attract discerning buyers looking for a high-quality lifestyle. For expert guidance, contact Bale Real Estate Group at info@BaleRealEstateGroup.com or call 972-469-0332.
Phillips Creek Ranch Home Values Market Statistics
Updated December 2024
In November 2024, Phillips Creek Ranch in Frisco, Texas, had 14 active homes for sale, with prices ranging from $690,000 to $1,295,000. The average home value in this neighborhood was approximately $1,003,397, reflecting a 0.8% increase over the past year. Homes in this area typically feature 4 to 5 bedrooms and 3 to 5 bathrooms, with sizes ranging from approximately 2,283 to 4,280 square feet. The neighborhood continues to attract buyers seeking luxury living with convenient access to Frisco’s amenities.
Updated – November 2024
In October 2024, Phillips Creek Ranch in Frisco, Texas, had 19 homes listed for sale, with prices ranging from $780,000 to $1,475,000. The average home value in this community was approximately $1,087,000, reflecting a stable market over the past year. Homes in Phillips Creek Ranch typically feature 4 to 5 bedrooms and 3 to 5 bathrooms, with sizes ranging from approximately 2,749 to 4,910 square feet. The neighborhood continues to attract buyers seeking upscale living with convenient access to Frisco’s amenities.