Wylie, Texas Housing Market

What stands out in Wylie?

• Population is up 23.0% over five years: among the fastest population growth of 765 tracked cities. Growth brings tenants and buyers.
• Prices were above the year before in 59% of months: among the least consistent price growth of 765 tracked cities. Price growth here is unreliable. Do not count on it.
• Asking prices swing about 4.3% between the cheapest and priciest months: among the flattest seasonal prices of 765 tracked cities. The month you buy matters little here.

Is housing keeping up with Wylie's growth?

The population in Wylie's ZIP codes grew 23.0% over five years, faster than 97% of the cities we track. Housing grew faster (+25.9%) than households (+23.5%). New supply is keeping up, so rents and prices have competition. Homes for sale are 18% above 2017–2019 at this time of year.

Is now a good time to buy in Wylie?

The median asking price is 20.6% below its Jun 2022 peak. Per square foot the gap is smaller: 11.4% below the May 2022 high. Part of the drop is smaller homes coming to market. Prices stopped falling about a year ago. They are flat now. Waiting will not get you a cheaper house. It might still get you a more motivated seller. Wylie prices rose in only 66 of the last 111 months. This market goes up and down. Timing matters here. Growth will not rescue a bad price.

This market is turning. Which way is not settled yet. Check the monthly numbers above before you commit.

How does Wylie compare with other Texas markets?

Ranked among the 77 Texas markets we track:

• Asking price: 11th priciest of 77. Wylie is at $479,950. Closest: Sugar Land and Plano.
• Buyer competition: 23rd most competitive of 67. Wylie is at 0.32 buyers per home. Closest: Plano and Mckinney.
• Time on market: 29th shortest time on market of 77. Wylie is at a median of 59 days on market. Closest: Arlington and Wichita Falls.
• Price cuts: 21st most price cuts of 77. Wylie is at 29% of sellers cutting. Closest: Midland and League City.

When do Wylie prices dip?

Across 9 full years, Wylie asking prices ran lowest in January, about 2.1% below the year's average. They peaked in May. The most homes for sale show up in August, about 24% above the yearly average. Shop in August for choice, and expect the softest asking prices in January.

Who will rent from you in Wylie?

Only 20 out of every 100 Wylie households rent. This is an owners' town. That share has held steady for five years. Wylie added about 800 renter households in five years. Renter households here average 2.9 people. Families rent here. Buy bedrooms. Studios will sit.

The median Wylie household earns $122,089 a year. Incomes here have grown 5.2% a year since 2019. Incomes are rising faster than home prices. Affordability is improving. A typical home costs 3.9 times the median income. Locals can afford to buy here. Your exit buyer can be a local family. At 30% of income, a tenant on the median income can pay about $3,052 a month.

To see what one Wylie address would rent for and cash flow, run it through the app.

What numbers should you underwrite a Wylie deal with?

• Price growth to assume — +1.7%/yr. Wylie grew 4.9% a year over the decade. Ignore that rate. Most of it landed in the 2020 and 2021 boom. Without the boom, Wylie grows about 1.7% a year. That is the number to type in. Prices fell 1.5% over the last year. Use it for timing. The five-year rate is the better guide.
• Odds you cut your price to sell — 1 in 4. 29% of Wylie listings have cut their asking price. Underwrite your exit below asking.
• Comp on price per square foot — $194/sqft. The typical Wylie listing shrank from 2,943 to 2,690 sqft since Jul 2016. So median price hides real growth: 62% per sqft versus 37% on the median. Comp on median price and you will overpay for small homes.

Read how population change affects rentals and how we read these numbers, then run the numbers on a deal.

What is the median home price in Wylie?

The median asking price in Wylie is about $480,000 as of Sep 2026, about the same as a year ago. This is the asking price on homes listed for sale. Sites that report sold prices or estimated home values will show a different number. Our Wylie figures cover the 1 ZIP code with a Wylie mailing address, which can reach past city limits.

Is Wylie a buyer's or seller's market in 2026?

Neither side has the upper hand in Wylie right now. We compare Wylie with 2017–2019 at this time of year: there are 32 pending sales per 100 listings, against 49 then; 29% of sellers have cut their price, against 36% then; there are 18% more homes for sale.

Are Wylie home prices going up or down?

The median asking price is 20.6% below its Jun 2022 peak. Per square foot the gap is smaller: 11.4% below the May 2022 high. Part of the drop is smaller homes coming to market. Prices stopped falling about a year ago. They are flat now. Waiting will not get you a cheaper house. It might still get you a more motivated seller.

Are there more homes for sale in Wylie than before the pandemic?

Yes. There are 295 homes for sale, 18% more than in 2017–2019 at this time of year.

What is the fair market rent in Wylie?

HUD's fiscal year 2026 fair market rent for Collin County is $1,931 a month for 2 bedrooms and $2,431 for 3 bedrooms. The figures include tenant-paid utilities and cover the whole county.