McAllen - TX housing market
The McAllen metro has a typical home value of $194,546, up 0.4% from a year ago. Homes are sitting 83 days on average, buyers have negotiating room. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($194,546) 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 0.4% over the past year. In McAllen - TX, that means a home worth $193,771 last year is now worth roughly $194,546.
The median sale price , what homes actually close for , is $229,608. Homes are selling at 96.2% of list price, meaning buyers have room to negotiate.
Homes listed in McAllen - TX sit on the market for roughly 83 days before going pending. Shorter = seller's market; longer = buyer's market.
About 17.5% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 543 new listings hit the market each month in McAllen - TX. There are currently 3,605 homes for sale, up 11.4% from a year ago.
The typical monthly rent in McAllen - TX is $1,114, up 0.0% year over year. For investors, the price-to-rent ratio here is roughly 15x 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 | $366,701 | -3.0% | 25.0d |
| Houston - TX | $308,933 | -2.1% | 33.0d |
| San Antonio - TX | $280,370 | -1.9% | 37.0d |
| Austin - TX | $426,944 | -5.7% | 45.0d |
| El Paso - TX | $233,297 | +1.7% | 30.0d |
| Killeen - TX | $252,444 | -1.3% | 38.0d |