Collin County, Texas Housing Market Prices
Collin County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 63% above the Texas median More expensive than 93% of counties in Texas$420,862
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Median rent 33% above the Texas median Among the 3 most expensive counties in Texas$1,859
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Collin County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $420,862 | $258,873 | $248,835 |
| Price Trend (Annual %) | 6.9% | 9.2% | 7.5% |
| Median Gross Rent | $1,859 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 6.0% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Collin County is about 63% higher than in Texas. Rent is about 33% higher than the Texas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Collin County, up about 6.9% and 6.0% a year respectively. Home prices are changing faster.
Median rent in Collin County rose about 66.1% between 2015 and 2024, from $1,119 to $1,859. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 3.5 yearly household incomes in Collin County.
Buying the median-priced home in Collin County costs roughly 18.9 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Collin County. The price-to-rent ratio in Texas is about 15.4.
| Metric | Collin County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $420,862 | $258,873 | $248,835 |
| Median Household Income | $121,672 | $78,939 | $80,455 |
| Price-to-Income Ratio | 3.5 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Collin County rose about 83.9%, while median household income rose about 42.6% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Collin County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 61.5% | 56.7% | 58.5% |
| Rental Rate | 33.8% | 33.9% | 31.2% |
| Vacancy Rate | 4.7% | 9.4% | 10.2% |
| Median Tenure (years) | 12.0 | 14.0 | 15.0 |
| Median Year Moved In | 2014 | 2012 | 2011 |
Collin County has a homeownership rate of 61.5%, higher than the Texas average of 56.7%. Its housing vacancy rate is 4.7%, compared with 9.4% in Texas.
Housing Stock
| Metric | Collin County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.77 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 2000 | 1990 | 1978 |
| Median Number of Rooms | 6.4 | 5.4 | 5.5 |
The typical housing unit in Collin County was built around 2000. On average, 2.8 people live in a home with about 6.4 rooms, staying for about 12.0 years on average.
Collin County, TX Housing Compared With Nearby Counties
Collin County, TX is the 2nd largest of the 6 counties compared here, 1,163,170 residents against a local median of 143,336. The measure that sets Collin County, TX apart most is median home price: $420,862, 23% above the local median of $343,060.
Median rent tells the same story from another angle: $1,859 against a local median of $1,565, 19% above it. The counties themselves spread $217,941 on median home price, so Collin County, TX sits at one end of an already wide local range rather than apart from it. Collin County, TX has the 3rd highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Collin County, TX | 1,163,170 | $420,862 #3/6 | $1,859 #2/6 | 64.5% #5/6 |
| Rockwall County, TX | 123,617 | $440,909 | $1,991 | 82.5% |
| Grayson County, TX | 143,336 | $308,887 | $1,310 | 66.8% |
| Dallas County, TX | 2,620,115 | $343,060 | $1,565 | 50.8% |
| Hunt County, TX | 108,970 | $222,968 | $1,221 | 71.3% |
| Denton County, TX | 979,063 | $436,133 | $1,728 | 65.5% |
Frequently Asked Questions
Common questions about the housing market in Collin County, Texas.
What is the median home price in Collin County, Texas?
The median home price in Collin County, Texas is $420,862, higher than the Texas average of $258,873.
What is the average home price in Collin County, Texas?
The typical home price in Collin County, Texas, reported as the median sale price, is $420,862. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Collin County, Texas?
The median gross rent in Collin County, Texas is $1,859 per month, higher than the Texas average of $1,402.
What was the median gross rent in Collin County in 2020?
In 2020, the median gross rent in Collin County, Texas was $1,427 per month.
What is the price-to-rent ratio in Collin County, Texas?
The price-to-rent ratio in Collin County, Texas is about 18.9, meaning it would take roughly 18.9 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Collin County.
Are home prices or rent rising faster in Collin County, Texas?
Both home prices and rent are rising in Collin County, up about 6.9% and 6.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Collin County, Texas?
61.5% of households in Collin County, Texas own their home, higher than the Texas average of 56.7%.
What is the vacancy rate in Collin County, Texas?
The housing vacancy rate in Collin County, Texas is 4.7%, lower than the Texas average of 9.4%.
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