The story of this market
The typical home in ZIP 75002 sells for about $474,859, or $204 per square foot.
Prices are down 3.1% from a year ago, which gives buyers more room to negotiate. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $2,095 a month.
ZIP 75002 — Allen
The 75002 housing market is currently experiencing a cooling phase, with median sale prices declining by 3.1% year-over-year. Elevated interest rates and a shift in buyer demand have led to longer days on market and a reduction in total sales volume compared to the previous year.
This ZIP is ideal for families seeking high-quality school districts and suburban amenities, as well as professionals commuting to the northern Dallas-Fort Worth employment corridors.
Median prices moved down 3.1% year over year.
Homes spend a median of 35 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.4% · poverty 6.4% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 75002
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by highly-rated public schools within the Allen Independent School District, which is a primary driver for family-oriented housing demand in the region.
The area benefits from proximity to major corporate headquarters and employment hubs in the northern Dallas-Fort Worth metroplex, supported by ongoing suburban residential and commercial development.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00). County (Collin County, Texas) — Independent School District Ad Valorem Tax & Mandatory Homestead Exemption: All residential parcels fall into an ISD (e.g., Plano ISD at $1.03955 per $100; Allen ISD at $1.1258 per $100; Prosper ISD at $1.2141 per $100). Imposes standard Maintenance & Operations (M&O) and Interest & Sinking (I&S) rates.
Residents primarily commute via US-75 and the Sam Rayburn Tollway, providing access to major employment centers in Plano, Richardson, and downtown Dallas.
The area features extensive community parks, trail systems, and proximity to major shopping and dining districts in Allen, including the Allen Premium Outlets.
The rental market has experienced a recent cooling trend with a reported decline in year-over-year asking rents, reflecting broader adjustments in the regional housing market.
The local economy is anchored by a mix of retail, professional services, and proximity to the technology and corporate corridors of Plano and Richardson.
Transportation is heavily reliant on private vehicle use, with major arterial access provided by US-75 and the Sam Rayburn Tollway.
Ongoing residential and mixed-use development continues to expand the suburban footprint of the Allen area.
The Collin Central Appraisal District manages property assessments for the county, utilizing market-based valuation models for annual tax rolls.
Parcels are subject to various taxing entities including the Allen Independent School District, Collin County, and municipal utility or special districts.
Data retrieved from Census Reporter and ACS 5-year estimates.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Andretti Indoor Karting & Games The Colony412.8 mi
- Dave & Buster's Dallas4.317.3 mi
- The Cove at The Lakefront4.417.7 mi
- KidZania3.99.9 mi
- Activate Games4.910.8 mi
- Grandscape4.712.9 mi
- Topgolf Dallas4.417.3 mi
- Legacy Hall4.610.7 mi
- Cosm Dallas412.8 mi
- Topgolf The Colony4.414.2 mi
- Cinemark West Plano XD and SCREENX4.611.4 mi
- Cinemark Legacy and XD4.53.7 mi
- Arbor Hills Nature Preserve4.812.6 mi
- AMC Stonebriar 243.89.8 mi
- Andretti Indoor Karting & Games The Colony412.8 mi
- National Videogame Museum4.811.5 mi
- Southfork Ranch4.54.2 mi
- George W. Bush Presidential Center4.619.8 mi
- Heard Natural Science Museum & Wildlife Sanctuary4.64 mi
- Historic Downtown McKinney4.86.6 mi
- Arbor Hills Nature Preserve4.812.6 mi
- Russell Creek Park4.66.8 mi
- Celebration Park4.81.1 mi
- Carpenter Park Recreation Center4.48 mi
- Oak Point Park and Nature Preserve4.83.6 mi
- Collin Park Marina47.8 mi
- Topgolf Allen4.31.6 mi
- Puttery4.512.8 mi
- Golf Ranch Richardson4.79.4 mi
- Sherrill Park Golf Course48.6 mi
- The Courses at Watters Creek4.23.6 mi
- Allen Premium Outlets4.42.2 mi
- Stonebriar Centre4.59.8 mi
- Legacy West4.710.8 mi
- Grandscape4.712.9 mi
- Firewheel Town Center4.510.5 mi
- Dallas Fort Worth International Airport4.127.3 mi
- Dallas Love Field4.421.6 mi
- Capital One Lounge at DFW427.4 mi
- The Club DFW3.927.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major regional shopping destination featuring numerous retail outlets.
Large community park featuring sports fields, playgrounds, and walking trails.
Deterministic aggregate of 3 researched properties in this ZIP (latest reading each) — each property weighs one; per point, properties lacking the value are excluded. Property-level records (taxes, scores, permits) never roll individually.
No county-record distress flags across 2 researched properties on the ARED base layer. Key-figure check: median price diverges 87.5% from the nearest retained anchor (researched-property base layer) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: confirmed genuine market swing — the flagged $474,859 was independently re-read and corroborated by 2 source(s); it stands as the new anchor baseline.
Governs Parker Place
Governs Saddle Club
Governs CB Estates
Governs PARKSIDE VILLAGE HOMEOWNERS ASSOCIATION, INC
Governs Greenville Crossing
Governs Crestwood at Ridgeview
Governs not published
Governs Stacy Green
Governs Quail Run
90-day research cycle · governing documents remain with their official custodians — the association, its management portal or the county clerk's recording.