78504 Home Values & Market Trends

There are 1,004 homes currently listed for 78504. 78504 real estate market trends show that home prices range from $85,560 to $2,500,000, and the median sales price in the 78504 zip code is $298,677. The total number of properties sold within the past twelve months is 884. In 78504, 34 properties are in foreclosure, 12 are bank owned properties,and 22 are headed for auction.

78504 Real Estate Market Overview

CityMedian Est. Value
Mcallen

$ 277,255

$ 150/sqft

Housing Market Summary for 78504

Sep 2025September 2026Change
Median Listing Price$323K$317K-1.86%
Median Sold Price$268.8K$267.8K-0.37%
Homes For Sale76799529.73%
Homes Sold30741936.48%
Price
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Homes For Sale
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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%.

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Browse Homes in 78504

The median list price of a home in Mcallen, is $298,677. A total of 1,004 properties are for sale, and the percentage of properties for sale in the zip code is 1004.00%. The total count of 78504 properties is 1,493.

Foreclosure
There is 1 cities within 78504; within this cities, the median estimated home value for homes in foreclosure ranges from $1,225,000 in mcallen to the lowest value of $109,000 in mcallen. Foreclosure homes account for 2.00% of properties in 78504 with mcallen containing 61 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 78504 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 78504; 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 Owned
    The median estimated home value of bank owned homes (REO properties) in 78504 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 0.80% of properties in 78504. There is 1 cities within 78504; mcallen containing 25 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    mcallen has 36 auction properties, the highest number of properties going to auction in a single city in the state of 78504. Auction homes and other auction properties account for 1.47% of all properties in 78504. There is 1 cities within 78504; 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.
Homes for Sale
Homes and properties that are actively listed for sale account for 67.25% of residential properties in 78504 with mcallen containing 1752 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 78504; homes for sale in that cities, have a range of median values from $3,875,000 in mcallen to the lowest value of $65,000 in mcallen.
    Sold Homes
    The median value for recently sold homes ranges from $1,675,146 in mcallen to the lowest price of $70,677 in mcallen. There is 1 cities within 78504. mcallen has 889 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 28.20% of properties in 78504.

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      Guide for 78504

      Home with a messy garden
      Foreclosure
      The Pros And Cons Of Buying A Foreclosed Property
      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      See More Articles
      Home with a messy garden
      The Pros And Cons Of Buying A Foreclosed Property
      Foreclosure|posted 11 August 2023

      Learn the pros and cons of buying a foreclosed property and invest in a foreclosure with confidence

      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      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 […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.