The Collin County housing market is cooler this fall, and that changes the playbook. Mortgage rates have climbed above 7%. Meanwhile, listing prices are nearly flat, and homes are taking longer to sell. As a result, buyers have more room to negotiate. Sellers, in turn, must price with precision. In this update, Kelly Pearson Realty Group breaks down the latest numbers. Additionally, we explain what they mean in Allen, McKinney, Frisco and beyond.
Quick answer: In September 2026, the median listing price in Collin County was $517,500. That is about 1% lower than one year earlier. Furthermore, homes spent a median 65 days on the market.
First, let’s look at the data. The listing figures below come from county data published by the Federal Reserve Bank of St. Louis. Mortgage rates come from the Freddie Mac Primary Mortgage Market Survey. Importantly, these figures track listings, not closed sales.
| Metric | September 2026 | September 2025 | Change |
|---|---|---|---|
| Median listing price | $517,500 | $522,500 | Down 1.0% |
| Active listings | 4,951 | 4,978 | Down 0.5% |
| Median days on market | 65 | 63 | Up 2 days |
| 30-year fixed mortgage rate* | 7.40% | 6.30% | Up 1.10 points |
*Freddie Mac weekly average for October 8, 2026, compared with the same week last year.
Overall, the market is steady but slower. Listing prices have held within about 1% of last year. However, supply remains high compared with two years ago. In fact, active listings sit roughly 31% above September 2024 levels. Consequently, buyers have more choices than they had two falls ago.
In addition, the median listing price has slipped from its June high of $530,000. That pattern is normal for fall. Still, it gives buyers extra leverage.
Three forces are shaping the season. Specifically, they are mortgage rates, inventory and seasonal timing.
According to Freddie Mac, the 30-year fixed rate averaged 7.40% on October 8, 2026. A year earlier, it averaged 6.30%. Therefore, monthly payments are noticeably higher on the same home.
Here is a simple example. Assume a $517,500 home with 20% down. At 6.30%, principal and interest run about $2,563 per month. At 7.40%, that figure rises to roughly $2,866. In other words, the same home costs about $300 more each month. This is an estimate only, so ask your lender for exact figures.
Active listings peaked at 5,346 in July. Since then, they have eased to 4,951 in September. Nevertheless, supply is still elevated by recent standards. As a result, well-priced homes sell, while overpriced homes sit.
Similarly, median days on market rose to 65 in September. In April, the figure was just 41 days. Therefore, sellers should plan for a longer timeline this fall.
Simply put, buyers have more leverage now than they had in spring. However, higher rates make preparation essential.
Fall brings more time to decide and more homes to compare. Consequently, you can often negotiate on price, repairs or closing costs. Moreover, some sellers will help buy down your interest rate. That concession can offset part of the higher payment.
For a full roadmap, visit our buyer resources.
Sellers can still succeed this season. However, the margin for error is smaller.
Pricing matters more when buyers have options. Because supply is elevated, shoppers compare every listing carefully. Therefore, price your home using recent nearby sales, not last spring’s headlines. Otherwise, you risk price cuts and extra weeks on the market.
Presentation still wins. For example, every Kelly Pearson Realty Group listing receives professional photography and a cinematic video tour. Additionally, targeted digital advertising puts your home in front of active buyers.
Above all, start with an accurate number. You can book a free home value review to see where your home stands. Meanwhile, our seller resources explain each step.
Countywide numbers tell only part of the story. Indeed, each city and neighborhood moves at its own pace.
In Allen, many buyers start with StarCreek, Twin Creeks and Shaddock Park. These neighborhoods sit close to shopping and dining at Watters Creek.
Likewise, McKinney offers several master-planned choices. Popular examples include Stonebridge Ranch, Craig Ranch, Painted Tree and Trinity Falls. Furthermore, historic downtown McKinney remains a major lifestyle draw.
Frisco continues to attract buyers who want to live near The Star. In fact, our office is located there. Farther north, Prosper and Celina offer many newer homes. Consequently, resale sellers in those cities often compete with new construction.
Fairview and Lucas appeal to buyers seeking larger lots and Lovejoy ISD schools. In contrast, Plano offers established neighborhoods near major employers. To compare every area, explore our community guides.
Market data is most useful with local context. Kelly Pearson is a REALTOR® with GRI and ABR designations. Since 2010, she has closed more than 772 transactions. Moreover, she has been the #1 listing agent in Allen’s StarCreek for nine straight years.
In 2025 alone, the team closed $51.55 million in sales. Clients also rate the team 4.9 stars across 89+ Google reviews. Finally, Kelly is a D Magazine Best Realtor honoree, including 2026. You can see the full record on our site.
It is more balanced than in recent years, and it leans toward buyers this fall. Inventory is elevated, and homes take a median 65 days to sell. However, well-priced homes can still sell quickly.
Only slightly. The median listing price was $517,500 in September 2026. That is about 1% below September 2025.
Freddie Mac reported a 30-year fixed average of 7.40% on October 8, 2026. However, rates change weekly, so confirm your rate with a lender.
Yes, provided you price it correctly. Listing counts usually decline after summer, so you face fewer competing homes. Even so, expect a longer timeline than in spring.
In September 2026, the median listing spent 65 days on the market. By comparison, the April median was 41 days.
Ready to talk through your next move? Reach out today for advice tailored to your neighborhood.
📍 3620 The Star Blvd, Suite 1205, Frisco, TX 75034
📞 469-631-5893
✉️ kelly@kellypearsonrealtygroup.com
🌐 kellypearsonrealtygroup.com
🏢 Monument Realty | TX License #0609012
👍 Facebook
📸 Instagram
▶️ YouTube
💼 LinkedIn
🐦 X (Twitter)
Market figures are current as of October 12, 2026, and may change.
Exceptional homes, honestly represented. 🏡
