Allen (McKinney), TX

Population: 148,559
Average annual home appreciation rate: 4.53%
Total of homes for sale in this market: 239
Median home price: $205,014
Median Rent: $975 per room
Home price range: 52.69% of homes are between $110,001 – $220,000
Median sales price: NO DATA
Number of homes: 147
Median foreclosure sales price: $159,750
Foreclosure discount: NO DATA
Most common home type: 77.08% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 6.44%
Number of renters: 25.96%
Number of owner occupied: 74.04%
Number people living below poverty level: 9.22%
Unemployment rate: 4.50%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the McKinney area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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