McAllen - TX housing market
The McAllen metro has a typical home value of $193,978, up 0.6% from a year ago. Homes are sitting 79 days on average - buyers have negotiating room. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($193,978) is the Zillow Home Value Index for the McAllen - TX metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are up 0.6% over the past year. In McAllen - TX, that means a home worth $192,821 last year is now worth roughly $193,978.
The median sale price , what homes actually close for , is $225,438. Homes are selling at 96.1% of list price, meaning buyers have room to negotiate.
Homes listed in McAllen - TX sit on the market for roughly 79 days before going pending. Shorter = seller's market; longer = buyer's market.
About 17.9% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 564 new listings hit the market each month in McAllen - TX. There are currently 3,650 homes for sale, up 13.9% from a year ago.
The typical monthly rent in McAllen - TX is $1,128, up 0.3% year over year. For investors, the price-to-rent ratio here is roughly 14x annual rent.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
Other metros in TX
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Dallas - TX | $366,823 | -3.3% | 24.0d |
| Houston - TX | $308,306 | -2.0% | 33.0d |
| San Antonio - TX | $280,297 | -1.9% | 38.0d |
| Austin - TX | $428,524 | -6.0% | 41.0d |
| El Paso - TX | $232,910 | +1.6% | 33.0d |
| Killeen - TX | $252,591 | -1.1% | 40.0d |