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Allen, Texas - homes and real estate in Allen

Allen Real Estate

Unified championship spirit with buyer-friendly market

Allen is a community-centric enclave known for its unique 'One Town, One Team' philosophy and championship athletics. As of 2026, Allen is experiencing an inventory surplus creating exceptional buyer conditions, with homes averaging 79 days on market - the highest among Dallas suburbs - giving buyers significant negotiation leverage. The median home price of $501,517 is down 6% from previous highs, while active listings have increased 8.24% year-over-year to 396-457 homes. This market shift creates ideal opportunities for savvy buyers. Home to the famous $60 million Eagle Stadium and Allen ISD's A+ rated single massive high school, Allen maintains a unified community spirit that's diluted in multi-school districts. The city has also seen a 182% increase in middle housing (townhomes and duplexes), broadening entry-level market options while preserving its master-planned community character.

Median Home Price

$501,517

Price Range

$300K - $1.2M

Why Allen?

79 days on market - highest in Dallas corridor, creating maximum buyer negotiation power
396-457 active listings, up 8.24% YoY - excellent inventory selection for buyers
Allen ISD 'One Town, One Team' philosophy - single massive high school creates unified town identity
Eagle Stadium - $60 million state-of-the-art high school football venue and collegiate-level performing arts center
182% increase in townhomes/duplexes - expanding middle housing and entry-level options
The Village at Allen and Allen Premium Outlets - regional retail destination
Watters Creek - resort-style mixed-use development with al fresco dining and shopping
Strong community events and quintessential Friday Night Lights experience

Schools

  • Allen ISD rated A+ among top districts in Texas
  • Allen High School - one of the largest high schools in Texas with single-school model
  • Eagle Stadium and collegiate-level performing arts center - world-class facilities
  • Multiple state championships in athletics and fine arts
  • 'One Town, One Team' philosophy creates unified community spirit
  • Strong STEM, fine arts, and career programs

Parks & Recreation

  • Celebration Park - 113-acre sports complex with extensive athletic fields and splash pads
  • Allen Station Park and trails
  • Joe Farmer Recreation Center
  • Bethany Lakes Park

Kristy's Local Tip

"Allen's 2026 market conditions are exceptional for buyers - with 79 days on market (highest among Dallas suburbs) and 396-457 active listings representing an 8.24% increase, you have maximum negotiation leverage. The 6% price decline to a median of $501,517 creates real opportunities to get below list price. What makes Allen special beyond the numbers is the 'One Town, One Team' spirit - the single massive high school model creates a unified community identity you won't find in multi-school districts. The recent 182% surge in townhomes and duplexes means more entry-level options, especially in twin home communities near US-75. Areas near Watters Creek offer walkable, resort-style living, while established neighborhoods in central Allen provide mature trees and larger lots. This inventory surplus won't last forever - smart buyers are capitalizing now."

Allen FAQs

Is Allen ISD a good school district?

Yes! Allen ISD is A+ rated and consistently ranked among the top school districts in Texas. The district is known for academic excellence, state championship athletics, and strong fine arts programs. What makes Allen unique is the 'One Town, One Team' philosophy - maintaining a single massive high school rather than splitting creates a unified community spirit and world-class facilities like Eagle Stadium and a collegiate-level performing arts center.

Why is Allen's market better for buyers in 2026?

Allen currently has the highest days on market among Dallas suburbs at 79 days, compared to the regional average. Combined with 396-457 active listings (up 8.24% year-over-year) and a 6% price decline to a median of $501,517, this inventory surplus creates exceptional buyer conditions. Sellers are more motivated to negotiate, and buyers have time to be selective and secure favorable terms.

What is the 'One Town, One Team' philosophy?

Allen ISD maintains a single massive high school (Allen High School) rather than splitting into multiple schools as the city grows. This creates a unified town identity where everyone rallies behind one team, creating the quintessential Friday Night Lights experience. The concentration of resources allows for world-class facilities like the $60 million Eagle Stadium and collegiate-level performing arts center that would be diluted across multiple campuses.

What is Allen known for?

Allen is famous for Eagle Stadium, its $60 million high school football venue, and the championship Allen Eagles athletics program. It's also known for excellent A+ rated schools, the 'One Town, One Team' community spirit, Watters Creek resort-style shopping and dining, Allen Premium Outlets regional retail draw, and family-friendly master-planned neighborhoods.

How does Allen compare to Plano?

Allen offers similar quality A+ rated schools and amenities as Plano but often at lower price points, especially in 2026 with the 6% price decline. Allen has a unified community identity from its single high school model and slightly smaller-town feel while still providing excellent access to shopping (Allen Premium Outlets, Watters Creek), dining, and employment. The current market conditions with 79 days on market give buyers more negotiation power than in neighboring cities.

What are the entry-level housing options in Allen?

Allen has seen a 182% increase in middle housing (townhomes and duplexes), significantly expanding entry-level options. Twin home communities near US-75 offer more affordable entry points into Allen ISD, while still providing access to world-class schools and amenities. The inventory surplus in 2026 also means more negotiation room on starter homes.

How far is Allen from Dallas?

Allen is about 25 miles north of downtown Dallas via US-75. The commute is typically 30-40 minutes during non-peak hours and 50-70 minutes during rush hour. It's centrally located between Plano, McKinney, and Frisco with direct north-south access, though US-75 can experience significant rush hour congestion.

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