Homes for Sale in Allen TX

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Allen TexasIf you're interested in suburban living, you may be interested in the unique opportunities presented by homes for sale in Allen TX. Allen TX is a suburban area located north of the exciting metro city of Dallas TX. The city had a diverse population of 99,179 individuals as of the 2016 U.S. census, with a median household income of $93,392. The area is considered extremely financially stable, with a youthful population and exceptional opportunities available for employment within Dallas.

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In recent years, Dallas has been noted as one of the fastest growing economies in the United States. Despite the recession, Dallas has remained a consistently profitable area. One effect of this has been to make Allen TX real estate extremely sought after. Many individuals have flocked to the area as other areas of the country have been hit harder by the recession. Homes for sale in Allen TX have retained their value consistently and have even appreciated in value in recent years.

"What A Great Experience!" Mrs. Sharon Cole

Like many cities in Collin County and North Dallas 2016 saw very tight inventory and price escalation due to the shortage of inventory of homes. The 2016  average sales price was $350,546 and in 2017 it rose to $366,905 which is a 4.7% increase. Months of inventory actually increase a small amount in 2017 over 2016. In 2016 there was about 1.3 months of inventory and in 2017 it moved up to 1.4 months of inventory. 

Homes selling at the price range of between $300,000 to $399,999 were the most popular. This price range constituted approximately 26.8% of the sales. Homes selling below the $300,000 dollar range constituted 41.5% of all sales. There was also a good amount of activity on homes above the $399,999 which constituted 31.7% of the sales. 

Overall resale homes seem to be more competitive than the new construction homes and more homes are available at lower price ranges than new construction. The trend for the entire year over year was that home prices did escalate on average around 5% between 2016 and 2017 which is in line with many other cities in Collin County.

Allen TX is a very attractive location that is filled with many fun activities such as hockey games at the Allen Event Center and golf games at the Chase Oaks Golf Club. Educationally, Allen TX offers the Collin College as well as Allen High School and the independent school district. The award winning marching band provides a superb extracurricular activity and has over 750 members.

Allen TX is located in an extremely diverse and versatile area that offers families and individuals many opportunities. Families looking at homes for sale in Allen TX can take advantage of the exceptional school system while singles can take advantage of the exciting nightlife. Allen has easy access to major highways and is next to the largest city in Collin County, Plano. This makes Allen attractive to buyers who are looking for a quicker commune to work and close access to the city. 

The nearby locations of Plano TX and Allen TX also offer many opportunities for activities and events, creating a comprehensive and unique region that offers only the best to its residents.

If you are interested in Allen TX real estate, Roxanne DeBerry and The DeBerry Team are ready to assist you. Call us anytime at 214-215-5106. We would love the opportunity to help you buy or sell your ideal home.

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Listing information last updated on January 20th, 2019 at 11:45pm CST.