Golf community~$760K
Allen pairs an A-rated school district with established neighborhoods, 82 miles of trails, and a quick US-75 run to Dallas. Buyers have more room than a few years ago, with 45% of sold homes seeing a price cut and homes closing at about 98% of list.
Sources: Redfin (Aug 2026), U.S. Census, City of Allen, Allen ISD, Collin County, Collin College. Market data changes monthly.
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Allen is a city of about 113,000 people in southern Collin County, between Plano and McKinney. US-75 runs through the middle of town, and downtown Dallas is roughly 25 miles south. DFW Airport is about 35 minutes away.
Allen is mostly built out, so buyers are choosing among established neighborhoods rather than raw land. Daily life centers on Watters Creek, Allen Premium Outlets, the Credit Union of Texas Event Center, and a trail network the city's economic development group puts at 82 miles. Office growth is planned along SH 121 at Sloan Corners and Allen Gateway.
The median household income is $130,901, and 57.5% of adults hold a bachelor's degree. Allen ISD earned an A from TEA for 2025–26. Expect strong resale demand near top campuses, and verify school zoning by address.



Allen sits on US-75 between Plano and McKinney, with SH 121 along its northwest edge. Downtown Dallas is about 25 miles south, and DFW Airport is roughly 35 minutes away. The average commute is 28 minutes.
Employers with Allen operations include Credit Union of Texas, Micron, and Crawford & Co. BMK Pharma began building a 50,000-square-foot facility near US-75 and Exchange Parkway in October 2026.
A $17 million downtown project and a 352-unit apartment community are both set to break ground in fall 2026. Sloan Corners plans more than 6 million square feet of office on 261 acres.

Much of Allen's housing dates from the 1970s through the 2000s. Buyers trade new-build features for mature trees, finished amenities, and an established, A-rated school district.
Prices are steady, not falling. The Allen median rose 3.4% year over year to $530,000 in August 2026. Homes take about 44 days to sell and close near 98% of list. With 45% of sold homes taking a price cut, buyers have room to negotiate on homes that sit.
Source: Redfin Allen housing market page, August 2026 data. Portal figures can include some addresses outside city limits.
Allen's neighborhoods run from 1970s ranch homes under $400K to golf-course and Montgomery Farm homes near $1M. Here is where buyers look most.
Golf community~$760K
Larger homes~$790K
Family favorite~$600K
Upscale~$900K+
Split ISD~$545K
Lower upkeep~$340K–$635K
Split ISD~$475K
Mid-priced~$450K
Mature trees~$445K
Value pick~$425K
Single-story~$390K
Entry price~$325K–$375K
Get a side-by-side of prices, school zoning, taxes, and HOA or PID costs for the Allen neighborhoods in your budget.
Get my comparisonPhotos are representative, not the specific neighborhood. Prices are Redfin neighborhood median sale prices for August or September 2026 where shown, otherwise Redfin listing-based ranges, rounded. Small neighborhoods have few sales. Verify school zoning by address.

Allen's trail system links parks across the city and into Plano. Weekends often mean Watters Creek, the outlets, or an Allen Americans game at the Credit Union of Texas Event Center.
Allen's combined rate for most homes is about 1.75% of taxable value before exemptions. The city and Allen ISD both cut rates for 2026, while Collin County raised its rate for the first time since 1993.
| Taxing entity (2026) | Rate per $100 |
|---|---|
| Allen ISD | 1.1037 |
| City of Allen | 0.4147 |
| Collin County | 0.151414 |
| Collin College | 0.08122 |
| Total, Allen ISD | ≈ 1.75% |
| Total with Lovejoy ISD | ≈ 1.90% |
| Total with Plano ISD (proposed rate) | ≈ 1.68% |
Sources: Allen ISD (adopted Aug 24, 2026), City of Allen (adopted Sept 8, 2026), Collin County (adopted Sept 14, 2026), Collin College (adopted Aug 25, 2026), Lovejoy ISD and Plano ISD 2026 rates as reported in June–July 2026.

Allen rewards preparation. Good homes near top campuses still move fast, while dated or overpriced listings sit and invite offers below asking.
Estimate only, not a loan offer. Uses the 2026 Allen ISD combined rate before exemptions. Insurance assumes 0.6% of price per year; mortgage insurance isn't included. Rates change daily.

The city's trail system covers about 82 miles. A 1.67-mile Rowlett Trail extension approved in August 2026 will link Bolin Park, Watters Trail, and Plano's Bluebonnet Trail.

The Credit Union of Texas Event Center hosts hockey, concerts, and shows. Bravo Park held its grand opening in October 2026, and the city runs seasonal events downtown.

Watters Creek offers walkable shops and restaurants, and Allen Premium Outlets keeps adding tenants. A $17 million downtown project will add about 18,000 square feet of retail.
Allen ISD earned an overall A from TEA for 2025–26. Fourteen campuses earned an A, and the district collected 38 distinction designations. Enrollment is projected to decline, and the 2026–27 budget carries a $3.8 million shortfall.
Some east Allen addresses zone to Lovejoy ISD, rated A for 2024–25. A small southwest slice near Suncreek zones to Plano ISD. Both change your tax rate, so confirm the district by address.
The City of Allen provides water, sewer, and trash service. Electricity is in the deregulated Oncor area, so buyers pick a retail electric provider when they move in.
Allen ISD earns an overall A rating from TEA for the 2025–26 school year.
Construction starts on the 1.67-mile Rowlett Trail extension, funded by grants, with about a one-year build.
BMK Pharma begins building a 50,000-square-foot pharmaceutical facility near US-75 and Exchange Parkway.
Downtown Catalyst Project retail hub and a 352-unit apartment community are scheduled to open.
US-75 is Allen's main route to Plano, Richardson, and Dallas, and SH 121 connects west to Frisco and the airport. Most trips are by car. Rush-hour traffic on US-75 adds time.

PJ Zaji is a Texas REALTOR® (Lic# 631862-SA) with Monument Realty and a mortgage loan originator with NEXA Mortgage (NMLS #2280005). For Allen buyers, that means one person prices the house and the loan together, checks school district and tax rate by address, and shops more than 280 wholesale lenders for the payment.
Text PJ at 469-817-6060 for a straight answer on any Allen home, neighborhood, or loan question.
Call or text PJRedfin reports a median sale price of $530,000 for Allen in August 2026, up 3.4% from a year earlier. West Allen's 75013 ZIP runs higher, near $700,000, while ZIP 75002 sat around $500,000. Neighborhood prices range from about $325,000 to more than $900,000.
Allen draws buyers for its A-rated school district, established neighborhoods, trail system, and US-75 access to Dallas. The median household income is $130,901. Tradeoffs include older housing stock in parts of town, rush-hour traffic, and little new construction.
Allen ISD earned an overall A from TEA for the 2025–26 school year, with an A in student achievement. Fourteen campuses earned an A, seven elementaries a B, and one a C. Ratings vary by campus, so check the specific schools for each address.
For homes in Allen ISD, the 2026 combined rate is about 1.75%: Allen ISD 1.1037, City of Allen 0.4147, Collin County 0.1514, and Collin College 0.0812 per $100. Homes in Lovejoy ISD run about 1.90% before exemptions.
Most of Allen was developed as a traditional city neighborhood, and MUDs are not common inside city limits. Still, check the seller's disclosure and the most recent tax bill for any special district or assessment before making an offer.
Allen ISD serves most of the city. Some east Allen streets, including parts of Lost Creek Ranch, zone to Lovejoy ISD. A small southwest area near Suncreek zones to Plano ISD. The district affects both schools and tax rate.
Downtown Dallas is about 25 miles south on US-75, roughly 30 minutes off-peak and longer at rush hour. DFW Airport is about 35 minutes away. The average Allen commute is 28 minutes, per the Census.
Very little. Allen is mostly built out, so most homes for sale are resales. New homes appear as small infill projects. Buyers who want a large new-build community usually look north in McKinney, Prosper, or Celina.
It is balanced. Homes sold for about 97.8% of list price in August 2026 after a median 44 days, and 45% of sold homes had a price drop. Well-priced homes near top campuses still sell quickly.
Twin Creeks, Starcreek, Watters Crossing, and Montgomery Farm lead in West Allen, with prices from about $600,000 to $900,000 or more. Heritage Park, Cottonwood Bend, and Fountain Park offer older homes under $450,000.
Texas homeowners get a $140,000 exemption on school taxes, plus another $60,000 at age 65 or with a disability. File with the Collin Central Appraisal District before May 1 of the year after you buy.

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