Celina Vs McKinney TX : 2024 Real Estate Market Trends
- Nitin Gupta, CRS, REALTOR
- Feb 13
- 3 min read
In 2024, the real estate markets of Celina and McKinney, Texas, exhibited distinct trends, reflecting their unique growth trajectories and housing demands.
Celina, TX:
Home Prices: The median home price in Celina was approximately $604,000 in December 2024, representing a slight decrease of 1.4% compared to the previous year.
Market Activity: Homes in Celina typically remained on the market for about 79 days before selling, which is an increase from 69 days in the prior year.
Sales Volume: There were 76 homes sold in December 2024, a decline from 106 sales in December 2023.
McKinney, TX:
Home Prices: The median home price in McKinney reached $507,000 in December 2024, marking a 5.4% increase from the previous year.
Market Activity: Homes in McKinney sold after an average of 60 days on the market, up from 39 days in the prior year.
Sales Volume: In December 2024, 189 homes were sold in McKinney, a significant rise from 132 sales in December 2023.
Comparative Insights:
Price Trends: While Celina experienced a slight decrease in median home prices, McKinney saw a notable increase, indicating a more robust appreciation in property values.
Market Pace: Both cities observed an increase in the average days homes remained on the market, suggesting a general slowing in market activity.
Sales Activity: McKinney experienced a substantial increase in the number of homes sold, whereas Celina faced a decline, reflecting differing demand dynamics.
These trends highlight the evolving real estate landscapes in both cities, influenced by factors such as economic growth, housing supply, and buyer preferences.
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