Mcallen TX Real Estate Market Trends & Home Values

Mcallen

Mcallen, TX Home Values & Market Trends

Real estate market trends reflect that there have been 1,619 transactions over the past year in Mcallen. The median value for residential home transactions that occurred over the previous year is $278,000. The number of current listings in Mcallen is 344, and the percentage of properties for sale in the city is 344.00%. Mcallen, TX currently has 39 properties in foreclosure, 1 bank owned properties, 38 properties headed for auction, and 344 properties for sale.

Mcallen, TX Real Estate Market Overview

Zip	Median Est. Value	Zip	Median Est. Value
78504	$ 296,495 $ 155/sqft	78503	$ 205,000 $ 127/sqft
78501	$ 235,037 $ 142/sqft

Zip

Median Est. Value

Zip

Median Est. Value

78504

$ 296,495

$ 155/sqft

78503

$ 205,000

$ 127/sqft

78501

$ 235,037

$ 142/sqft

Housing Market Summary for Mcallen, TX

	Mar 2024	February 2025	Change
Median Listing Price	$310K	$298.5K	-3.71%
Median Sold Price	$243.4K	$252.8K	3.84%
Homes For Sale	212	226	6.60%
Homes Sold	808	810	0.25%

Price

$/Sqft

Homes For Sale

0

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%.

0

Recently Sold Homes

Explore recent offers and recently sold homes in Mcallen, TX

Recently Sold

$219,331

Sold Price

3 beds

1 baths

1,100 sqft

5,593 sqft lot

3405 Emory Ave, Mcallen, TX 78504

Recently Sold

$263,450

Sold Price

3 beds

2 baths

1,620 sqft

5,319 sqft lot

4308 Xenops Ave, Mcallen, TX 78504

Recently Sold

$241,385

Sold Price

3 beds

1 baths

1,279 sqft

5,859 sqft lot

8411 N 33rd Ln, Mcallen, TX 78504

Browse Homes in Mcallen, TX

Mcallen home values range from $36,296 to $2,400,000. The median estimated value of a home in Mcallen is $278,000. The median list price of a home is 243,750, and the total count of properties in the city is 1,198.

Foreclosure

There are 3 zips within Mcallen, TX; within these zips, the median estimated home value for homes in foreclosure ranges from $751,500 in 78501 to the lowest value of $136,500 in 78501. Foreclosure homes account for 3.00% of properties in Mcallen, TX with 78504 containing 24 foreclosures, the highest number of foreclosure properties in a single zip.

Pre-Foreclosure
Pre-foreclosure homes account for 0% of all residential properties in Mcallen, TX with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Mcallen, TX; of those zips, 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 Mcallen, TX ranges from the highest value of $298,776 in 78504 to the lowest value of $298,776 in 78504. Bank owned homes and properties account for 0.08% of properties in Mcallen, TX. There are 3 zips within Mcallen, TX; 78504 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
Auctions
78504 has 23 auction properties, the highest number of properties going to auction in a single zip in the state of Mcallen, TX. Auction homes and other auction properties account for 3.17% of all properties in Mcallen, TX. There are 3 zips within Mcallen, TX; of those zips, the median estimated home value for homes going to auction ranges from $751,500 in 78504 to the lowest value of $136,500 in 78504.

Homes for Sale

Homes and properties that are actively listed for sale account for 28.71% of residential properties in Mcallen, TX with 78504 containing 195 homes for sale, the highest number of listed properties in a single zip. There are 3 zips within Mcallen, TX; homes for sale in those zips, have a range of median values from $2,400,000 in 78504 to the lowest value of $44,360 in 78503.

Sold Homes

The median value for recently sold homes ranges from $2,212,662 in 78504 to the lowest price of $36,296 in 78504. There are 3 zips within Mcallen, TX. 78504 has 386 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 64.77% of properties in Mcallen, TX.

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