McAllen - TX housing market
The McAllen metro has a typical home value of $192,808, up 0.5% from a year ago. Homes are sitting 82 days on average - buyers have negotiating room. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($192,808) 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 0.5% over the past year. In McAllen - TX, that means a home worth $191,849 last year is now worth roughly $192,808.
The median sale price , what homes actually close for , is $235,446. 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 82 days before going pending. Shorter = seller's market; longer = buyer's market.
About 18.4% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 565 new listings hit the market each month in McAllen - TX. There are currently 3,645 homes for sale, up 15.5% from a year ago.
The typical monthly rent in McAllen - TX is $1,123, up 0.9% 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 | $366,743 | -3.5% | 28.0d |
| Houston - TX | $308,211 | -2.0% | 38.0d |
| San Antonio - TX | $280,170 | -2.1% | 48.0d |
| Austin - TX | $430,490 | -6.0% | 49.0d |
| El Paso - TX | $231,422 | +1.5% | 35.0d |
| Killeen - TX | $252,395 | -1.0% | 54.0d |