McAllen - TX housing market
The McAllen metro has a typical home value of $191,508, down 0.0% from a year ago. Homes are sitting 78 days on average, buyers have negotiating room. Data from Zillow Research, updated monthly.
McAllen housing market, September 2026
The typical McAllen home is worth $191,508 as of July 2026, down 0.3% from the prior month, down 1.1% over three months, and up 0.0% from a year ago. Over the past two years values have ranged from $191,291 to $194,406.
Homes are going pending in about 78 days, faster than the 82 days seen three months earlier. There are roughly 3,608 homes for sale, 10% more than a year ago. 18.2% of listings have taken a price cut (down from 18.4% three months ago).
Typical rent is $1,118 a month, up 0.4% year over year, which puts the price-to-rent ratio at 14.3.
At this week's 6.71% mortgage rate with 20% down ($38,302), the typical McAllen home costs about $1,229 a month including tax and insurance, which needs a household income of roughly $52,700 to stay under a 28% payment-to-income ratio.
Income needed to buy assumes 20% down, a 30-year fixed mortgage at 6.71% (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 ($191,508) 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 0.0% over the past year. In McAllen - TX, that means a home worth $191,508 last year is now worth roughly $191,508.
The median sale price, what homes actually close for, is $230,655. 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 78 days before going pending. Shorter = seller's market; longer = buyer's market.
About 18.2% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 551 new listings hit the market each month in McAllen - TX. There are currently 3,608 homes for sale, up 10.0% from a year ago.
The typical monthly rent in McAllen - TX is $1,118, up 0.4% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 14.3x, buying territory (#162 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.71% 30-year rate, runs about $990 a month in principal and interest, $128 less than renting before taxes, insurance and upkeep. The two break even at a 7.94% 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 September 2026. Methodology →
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Other metros in TX
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Dallas - TX | $364,793 | -2.6% | 30.0d |
| Houston - TX | $307,772 | -2.0% | 36.0d |
| San Antonio - TX | $279,434 | -1.9% | 39.0d |
| Austin - TX | $424,339 | -5.2% | 48.0d |
| El Paso - TX | $233,302 | +1.8% | 30.0d |
| Killeen - TX | $251,916 | -1.5% | 42.0d |