Mcallen, TX Home Values & Market Trends
Real estate market trends reflect that there have been 1,484 transactions over the past year in Mcallen. The median value for residential home transactions that occurred over the previous year is $277,255. The number of current listings in Mcallen is 1,752, and the percentage of properties for sale in the city is 1752.00%. Mcallen, TX currently has 61 properties in foreclosure, 25 bank owned properties, 36 properties headed for auction, and 1,752 properties for sale.
Mcallen, TX Real Estate Market Overview
Housing Market Summary for Mcallen, TX
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $285K | $298.9K | 4.88% |
| Median Sold Price | $243.7K | $233.8K | -4.09% |
| Homes For Sale | 1,397 | 1,736 | 24.27% |
| Homes Sold | 715 | 887 | 24.06% |
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 Mcallen, TX
Browse Homes in Mcallen, TX
Mcallen home values range from $65,000 to $3,875,000. The median estimated value of a home in Mcallen is $277,255. The median list price of a home is 299,000, and the total count of properties in the city is 2,763.
- Pre-ForeclosurePre-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 OwnedThe median estimated home value of bank owned homes (REO properties) in Mcallen, TX ranges from the highest value of $680,315 in 78504 to the lowest value of $109,000 in 78501. Bank owned homes and properties account for 0.90% of properties in Mcallen, TX. There are 3 zips within Mcallen, TX; 78504 containing 12 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions78504 has 22 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 1.30% 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 $1,225,000 in 78501 to the lowest value of $168,404 in 78501.
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Guide for Mcallen, TX
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.
