McAllen - TX housing market
The McAllen metro has a typical home value of $188,971, down 0.4% from a year ago. Homes are sitting 69 days on average, buyers have negotiating room. Data from Zillow Research, updated monthly.
McAllen housing market, October 2026
The typical McAllen home is worth $188,971 as of September 2026, down 0.0% from the prior month, down 0.3% over three months, and down 0.4% from a year ago. Over the past two years values have ranged from $188,690 to $191,762.
Homes are going pending in about 69 days, faster than the 83 days seen three months earlier. There are roughly 3,638 homes for sale, 8% more than a year ago. 18.3% of listings have taken a price cut (up from 17.4% three months ago).
Typical rent is $1,119 a month, up 1.0% year over year, which puts the price-to-rent ratio at 14.1.
At this week's 7.32% mortgage rate with 20% down ($37,794), the typical McAllen home costs about $1,275 a month including tax and insurance, which needs a household income of roughly $54,600 to stay under a 28% payment-to-income ratio.
Income needed to buy assumes 20% down, a 30-year fixed mortgage at 7.32% (Freddie Mac weekly average), property tax at 1.1% and insurance at 0.4% of value per year, and a 28% payment-to-income cap. Local taxes and insurance vary; treat it as a comparison figure across metros, not a lender's answer. All metros ranked →
How to read this data
The typical home value ($188,971) 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 down 0.4% over the past year. A home worth $189,730 last year is now worth roughly $188,971.
The median sale price, what homes actually close for, is $229,675. Homes are selling at 96.3% of list price, meaning buyers have room to negotiate.
Homes listed in McAllen - TX sit on the market for roughly 69 days before going pending. Shorter = seller's market; longer = buyer's market.
About 18.3% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 556 new listings hit the market each month in McAllen - TX. There are currently 3,638 homes for sale, up 8.1% from a year ago.
The typical monthly rent in McAllen - TX is $1,119, up 1.0% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 14.1x, buying territory (#164 of 195 metros). The mortgage on a typical home here, 20% down at today's 7.32% 30-year rate, runs about $1,038 a month in principal and interest, $81 less than renting before taxes, insurance and upkeep. The two break even at a 8.09% rate.
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.
Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt October 2026. Methodology →
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Other metros in TX
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Dallas - TX | $358,242 | -2.0% | 38.0d |
| Houston - TX | $302,832 | -1.8% | 45.0d |
| San Antonio - TX | $273,806 | -1.9% | 53.0d |
| Austin - TX | $414,273 | -4.3% | 60.0d |
| El Paso - TX | $233,011 | +2.5% | 32.0d |
| Killeen - TX | $248,024 | -1.5% | 49.0d |