Background on McKinney
McKinney is in Collin County, Texas. It is part of the Dallas – Fort Worth Metroplex area. This section of Texas is located approximately 32 miles from North Dallas. McKinney is just shy of 63 square miles in size. From the years 2000 until 2003 the United States Census Bureau named McKinney as the one of the fastest growing cities within the U.S. Then in 2006 it topped that list once again. The population here in McKinney is hovering around 180,000 people. In May of 2017 McKinney was listed as the third fastest growing city in the United States of all time. Money Magazine also listed McKinney as the “Best Place to Live” in America back in 2014. The history of McKinney dates to 1849 when a man by the name of William Davis donated 120 acres of land that he owned for the townsite. For more than a century McKinney was known as the principal commercial center for the county. Things like corn, flour, cotton mills, cotton gins, cotton compress and a cottonseed oil mill were provided by the county seat to farmers to utilize on their farms. During this time churches, banks, schools and newspapers started popping up in McKinney. Then as time went on more businesses were started in this area such as an ice company, textile mill, dairy farm and even a garment manufacturing company. In 1848 the population here was just 35 but by the year 1912 the population grew tremendously to nearly 5,000. Then in the year 1953 the population here in McKinney grew to just over 10,000. There were also some 355 businesses here as well at that time.
Climate in McKinney
The climate here is what is known as humid subtropical. The summers here tend to be muggy, humid and hot where as the winters are cold and windy. The summer months are hot due to McKinney falling within the “Sun Belt” which is known for its humidity. The humidity makes McKinney feel much hotter than it is. The hottest time here is during the heart of the summer, July. Temperatures during this month can reach 96 degrees on any given day. The cooler months here are between the end of November through the end of February when the average low is around 35 degrees.
Real Estate in McKinney
The real estate here in McKinney features many single-family homes as well as some condo communities as well as townhomes. You will find a mixture of newer homes that were built within the last ten years as well as older homes. The prominent style of housing here is the Ranch and the Traditional. Most homes here have a brick or cobblestone exterior which adds to the traditional Texas charm.
Major Employers here in McKinney
There are five major employers here in McKinney and they are as follows. The Raytheon Company which is a U.S defense contractor and industrial corporation employs around 2,600 people. Encore Wire Corporation which is a wiring company for residential or commercial needs here in McKinney employs around 1,400 people. The Touchmark Corporation which is a financial service holding company employs around 1,300 people. The Medical Center of McKinney which is a for profit health care facility employs just under 1,000 individuals and finally there is the Baylor University Medical Center which is a not for profit hospital. This establishment employs around 700 people.
If you want to get out and explore McKinney there are plenty of places for you to visit. You can take a trip to Adriatica Croatian Village which is 45 acres and is located in the middle of McKinney’s Stonebridge Ranch development. Here you will find a Guitar Sanctuary as well as The Sanctuary Entertainment which is an event venue here on the ranch. There are also several restaurants and shops for you to check out at your leisure. You can also take a trip over to the Heard Natural Science Museum which is a 289 acre nature preserve that is made up several habitats and miles and miles of nature trails. You can enjoy a picnic in the designated picnic area after you have strolled the trails here. If you are looking to take a tour of a vineyard then head over to Mitas Hill Vineyard and Winery. This winery has a restaurant as well as an event center and lodging. This place is available for weddings and special occasions as well.
There is so much to do here in McKinney. Besides being named as the best place to live in America back in 2014 there is also some of the most beautiful real estate in all of Texas here. This place is a must see if you are thinking of moving to Texas!
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Currently Mckinney has 244 properties on the market for sale. The inventory was last updated 01/28/2021. Of these properties, 165 single family homes are for sale by their owners in Mckinney, and 8 condos are for sale by their owners in Mckinney. The average price of the single family homes for sale in Mckinney, is $765,402, the average condo price in Mckinney, is $598,145. The average price per square foot of the active inventory is $117. This is based the living area square footage.
Over the last year, there have been 11,394 of properties sold in Mckinney. Of these properties, 10,542 single family homes have sold by their owners in Mckinney, and 164 condos have sold by their owners in Mckinney. The average sales price of the single family homes sold in Mckinney, is $353,773. Single family homes have been selling for 142 per square foot of living area. The average sales price of the condos for sale in Mckinney, is $390,718. Condos have been selling for 174 per square foot of living area.
The most active subdivisions with listings for sale in Mckinney, are: Trinity Falls (17 For Sale), Meridian At Southgate (8 For Sale), Hardin Village (5 For Sale), Mckinney Outlots (5 For Sale), Craig Ranch North (4 For Sale), Harbor At Adriatica Residental Condo (4 For Sale), Waterstone Estates Sec I (4 For Sale), No Subdivision (4 For Sale), Timber Creek (4 For Sale), Bloomridge (4 For Sale)
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Disclaimer: Listing broker has attempted to offer accurate data, but buyers/lessees are advised to confirm all information IDX information is provided exclusively for consumers' personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect Participants and/or the MLS from liability.
This data up-to-date as of 01/28/2021