78501 Home Values & Market Trends
There are 523 homes currently listed for 78501. 78501 real estate market trends show that home prices range from $54,900 to $1,399,900, and the median sales price in the 78501 zip code is $242,537. The total number of properties sold within the past twelve months is 438. In 78501, 17 properties are in foreclosure, 8 are bank owned properties,and 9 are headed for auction.
78501 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Mcallen | $ 277,255 $ 150/sqft |
Housing Market Summary for 78501
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $249.7K | $255K | 2.12% |
| Median Sold Price | $218.3K | $207.6K | -4.91% |
| Homes For Sale | 447 | 515 | 15.21% |
| Homes Sold | 298 | 331 | 11.07% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 78501
Browse Homes in 78501
The median list price of a home in Mcallen, is $242,537. A total of 523 properties are for sale, and the percentage of properties for sale in the zip code is 523.00%. The total count of 78501 properties is 887.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 78501 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 78501; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 78501 ranges from the highest value of $680,315 in mcallen to the lowest value of $109,000 in mcallen. Bank owned homes and properties account for 0.90% of properties in 78501. There is 1 cities within 78501; mcallen containing 25 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsmcallen has 36 auction properties, the highest number of properties going to auction in a single city in the state of 78501. Auction homes and other auction properties account for 1.01% of all properties in 78501. There is 1 cities within 78501; of that cities, the median estimated home value for homes going to auction ranges from $1,225,000 in mcallen to the lowest value of $168,404 in mcallen.
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More Real Estate Resources for 78501
Guide for 78501
Learn the pros and cons of buying a foreclosed property and invest in a foreclosure with confidence
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
