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Featured local agent — McAllen, TX
Sarah Mitchell
Compass Real Estate · McAllen, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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McAllen, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$296,500median sale price
How is the McAllen, TX housing market right now?
The median home sale price in McAllen, TX is $296,500, up 6.7% year-over-year. Homes sell in an average of 122 days with 613 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is McAllen a buyer's or seller's market?
McAllen, TX is currently a buyer's market, based on 9.6 months of supply and homes selling in about 122 days. How we determine this →
Homes sold
64
Last 12 weeks
Days on market
122
Average pace
Active listings
613
9.6 months supply
Sale-to-list
96.9%
Below asking
What does the McAllen housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $296,500 |
| Median list price | $320,000 |
| Year-over-year price change | +6.7% |
| Average days on market | 122 days |
| Active inventory | 613 listings |
| Months of supply | 9.6 months |
| Sale-to-list price ratio | 96.9% |
| Median price per sq ft | $149/sq ft |
| Homes sold (latest month) | 64 |
| New listings (latest month) | 143 |
| Listings with a price cut | 17.9% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in McAllen by property type?
How the McAllen, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $300,000 | $152/sq ft | 55 | 128 days |
| Condo / Co-op | $165,000 | $116/sq ft | 3 | 334 days |
| Townhouse | $266,000 | $140/sq ft | 3 | 81 days |
Source: Redfin · Updated monthly
The McAllen housing market is currently classified as a buyer's market with a median sale price of $296,500. Prices have risen 6.7% compared to last year, with homes spending an average of 122 days on market, indicating 9.6 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 3.8x provides context for how home values compare to local earning capacity.
Homes for sale in McAllen
There are currently 613 homes listed for sale in McAllen, Texas. The median listing price is $320K.
Active listings
613
Homes on market
Median list price
$320K
Avg. days on market
122
Days until sale
New this week
143
Newly listed
Who lives in McAllen?
Population
143,789
Median income
$60,165/yr
Median age
34 years
Owner-occupied
59.0%
College grads
32.0%
Avg commute
21.2 min
Source: U.S. Census Bureau ACS
What are homes worth in McAllen?
Zillow home value
$231,417
Zillow rent index
$1,283/mo
Price-to-rent ratio
15.0x
Price-to-income
3.8x
Source: Zillow Research
What is it like to live in McAllen?
McAllen is a community of approximately 144K residents with a median age of 34 years.The median household income is $60,165, which represents a working-class community with solid middle-income opportunities. 32.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 59.0%, showing a blend of owner and renter-occupied properties. The average commute time is 21.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, McAllen offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve McAllen?
47 schools tracked · 26,198 students
The largest public schools serving McAllen, TX by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
MCALLEN H S
Grades 9-12 · 2,152 students
MEMORIAL H S
Grades 8-12 · 2,060 students
MORRIS MIDDLE
Grades 6-8 · 1,036 students
CATHEY MIDDLE
Grades 6-8 · 829 students
MICHAEL E FOSSUM MIDDLE
Grades 6-8 · 818 students
IDEA MCALLEN COLLEGE PREPARATORY
Grades 6-12 · 807 students
GONZALEZ EL
Grades PK-5 · 792 students
IDEA MCALLEN ACADEMY
Grades K-5 · 772 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near McAllen, TX?
Want a head-to-head view? Compare McAllen side-by-side with any other U.S. city using our market-comparison tool.
Is McAllen a good real estate investment market?
For investors evaluating McAllen, the price-to-rent ratio of 15.0x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 6.7% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on McAllen's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using McAllen's median home price.
Frequently asked questions
What is the average home price in McAllen?
The median home sale price in McAllen is $296,500, up 6.7% from last year.
How long do homes stay on market in McAllen?
Homes typically spend 122 days on market before going under contract.
What is the median income in McAllen?
The median household income is $60,165 per year.
Is McAllen a buyer's or seller's market?
With 9.6 months of supply, McAllen is currently a buyer's market.
What is the Zillow home value estimate for McAllen?
The Zillow Home Value Index (ZHVI) for McAllen is $231,417, representing the typical home value in the area.
What is the median condo price in McAllen?
The median condo/co-op sale price in McAllen, TX is $165,000, compared to $300,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in McAllen?
The median single-family home price in McAllen, TX is $300,000 (about $152 per square foot).
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