The median home sale price in McKinney, TX sits at roughly $510,000 as of late summer 2026. Around 1,075 total homes are available right now, with properties spending an average of 42 days on the market before selling. Single-family houses dominate the landscape here, but attached properties give anyone buying a home in McKinney, TX a real alternative entry point into Collin County without stretching to that top-line number.
Condos and townhomes work differently than detached houses – different maintenance responsibilities, different price brackets, different monthly obligations. Zillow currently shows about 26 active condo and apartment listings in the city, though that number shifts daily across platforms. Before you commit to anything, you’ll want to look closely at specific community features, local tax rates, and how a given property sits relative to the city’s main draws.
Current Condo and Townhome Prices
Attached properties generally come in well below the city-wide median. Two-bedroom condos in McKinney list at a median price of $385,000. Townhomes run a touch higher, with a median list price of roughly $404,900.
Both figures land comfortably below the overall $510,000 median sale price for all housing types. The broader McKinney market is currently carrying about four months of housing supply, and inventory for attached homes moves at a steady pace within that. Track these median list prices as your baseline – then layer in monthly association dues before you decide what you can actually afford.
Recent Market Trends
The McKinney market has cooled slightly over the past year. Overall median sale prices are down about 4.7% year-over-year as of mid-2026. That said, homes are still selling close to ask – the average sale-to-list ratio sits at 97.8%, and about 11.6% of homes are selling above list price.
Don’t read the year-over-year dip as leverage you can automatically count on. Sellers in the condo and townhome segment are still holding firm on pricing, and that 97.8% ratio backs them up.
Ownership Costs and Tax Rates
Property taxes in Collin County carry a 1.66% effective rate. That applies to condos and townhomes the same as it does to any detached house, so run that number through your monthly budget early rather than treating it as a closing-table surprise.
On top of property taxes, condo and townhome owners pay monthly homeowners association dues – and those vary widely by building and community. They typically cover exterior building maintenance, landscaping, and master insurance policies, but “typically” is doing a lot of work in that sentence. Always request a detailed breakdown of exactly what a specific community’s association fee includes before you make an offer. What looks like a reasonable monthly number can shift significantly once you see what it doesn’t cover.
Evaluating the Cost of Living
Cost-of-living estimates for McKinney depend on the source. The BestPlaces index puts the city at 111.7, meaning housing, transportation, and healthcare run about 11.7% above the national average. RentCafe and Apartments.com tell a different story, reporting the city’s living costs as slightly below the national average.
If you’re relocating from outside Texas, the absence of a state income tax tends to offset local property tax rates and association fees in ways that don’t show up cleanly in any single index. Review your own budget categories rather than relying on one tracker’s composite score.
Popular Condo and Townhome Communities
McKinney has a handful of developments worth knowing by name. Adriatica takes a European-inspired approach, with condos woven into a mixed-use village environment. McKinney Town Center puts you right in the downtown footprint with immediate access to local cultural venues. If you want a townhome close to parks and schools, The Reserve at Westridge comes up consistently as a community with modern features and a practical location. Buyers who want a restricted-access environment should look at the gated Villas at Willow Grove.
Neighborhoods with Attached Home Options
Attached homes turn up across several distinct parts of the city. Real estate trackers flag Newman Village, Starwood, Kings Lake, and the M Streets as notable neighborhoods offering condo or townhome options in 2026.
Tucker Hill, Hackberry Creek, Village Creek, and Hunters Creek are also worth a look. The larger master-planned developments – Stonebridge Ranch, Craig Ranch, and Twin Creeks – all incorporate attached housing sections within their broader footprints, so don’t rule them out just because they’re known primarily as single-family communities.
Local Amenities and Nearby Attractions
The historic downtown square is the gravitational center of the city – dining, retail, residents from across Collin County. Chestnut Square Historic Village sits just south of downtown and preserves the city’s early architecture without being a tourist-only destination. The Heard Natural Science Museum and Wildlife Sanctuary offers hiking trails and native gardens when you want to get outside. For indoor programming, residents use the Heard-Craig Center for the Arts and the McKinney Performing Arts Center for concerts and shows.
None of that requires a car if you’re positioned right, which is part of what makes the downtown condo options worth a serious look.
Golf Course and Resort-Style Living
McKinney is well inland, but golf course communities here deliver a legitimate resort-style atmosphere. The Reserve at Westridge, for instance, sits adjacent to local greens – walkable to the fairway is not an exaggeration for some units.
Golf-adjacent properties typically carry a premium for the views and amenities. One thing to check before you fall for the lifestyle: find out whether a golf club membership is bundled into the association fees or whether it requires a separate initiation cost. That distinction matters more than it might seem at first glance.
Frequently Asked Questions
Are townhomes or condos a better investment than single-family houses in McKinney, TX?
While attached units require less initial capital than detached houses, their overall value relies on more than just the purchase price. Factoring in monthly association dues and the specific community’s maintenance coverage provides a clearer picture of your long-term return.
Do property tax rates differ between older McKinney neighborhoods and newer developments like Craig Ranch?
The county assesses a uniform 1.66% effective property tax rate across all local subdivisions, including master-planned communities like Craig Ranch. However, newer developments frequently carry higher association fees, which directly impact your total monthly carrying costs.
