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MCALLEN, TX 78504

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The MCALLEN, TX real estate market (78504) currently shows 403 active listings, with 69 pending sales. Homes are averaging 84 days on the market before going under contract.

Inventory has increased compared to last year, with 85 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 84 days on market compared to 68 days last year.

The median listing price has fallen 7.1% year-over-year, from $347,840 to $323,250.

Whether you are buying or selling in MCALLEN, TX, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 60,999  ·  Density: 1,202.0/mi²  ·  Median household income: $71,648

Typical home value: $178,026  ·  Homeownership: 68.0%

Market Overview

Active Listings
403
⇧ 26.7% vs 318 last year
Pending
69
17% pending ratio
Median Price
$323,250
⇩ 7.1% vs $347,840 last year
Average Price
$398,793
⇩ 5.5% vs $422,137 last year
Days on Market
84
⇧ 23.5% vs 68 days last year

Price Per Square Foot

Median $/sqft
$165
⇩ 1.2% vs $167/sqft last year
Median Home Size
1,976 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 403 this year vs 318 last year
  • Days on market: 84 now vs 68 last year

Median & Average Pricing

Year over Year
  • Median: $323,250 (-7.1% YoY)
  • Average: $398,793 (-5.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.3 miles — 1,598 listings ($517,041,272 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
78504Mcallen, TX 785040.0 mi388$163,438,404$325,000$421,233
78501Mcallen, TX 785014.3 mi216$62,404,992$255,000$288,912
78503Mcallen, TX 785038.0 mi117$45,332,235$252,000$387,455
78574Mission, TX 785748.7 mi219$71,867,697$285,000$328,163
78589San Juan, TX 785899.8 mi218$55,799,498$255,000$255,961
78516Alamo, TX 7851611.8 mi119$32,632,537$237,600$274,223
78558La Blanca, TX 7855813.3 mi1$475,000$475,000$475,000
78543Elsa, TX 7854314.5 mi24$4,508,640$199,000$187,860
78576Penitas, TX 7857614.7 mi26$7,984,028$245,999$307,078
78560La Joya, TX 7856016.1 mi59$13,050,800$155,000$221,200
78596Weslaco, TX 7859618.9 mi203$58,145,290$239,500$286,430
78549Hargill, TX 7854919.5 mi3$620,001$250,000$206,667
78562La Villa, TX 7856221.3 mi5$782,150$167,500$156,430

Frequently Asked Questions

How many homes are for sale in MCALLEN, TX 78504?

As of February 2026, there are 403 active listings in MCALLEN, TX (zip code 78504), compared to 318 the prior year.

What is the median home price in MCALLEN, TX 78504?

The median listing price in MCALLEN, TX 78504 is $323,250 as of February 2026, a 7.1% decrease from $347,840 the prior year.

How long do homes stay on the market in MCALLEN, TX?

Homes in MCALLEN, TX 78504 spend an average of 84 days on the market before going under contract, compared to 68 days the prior year.

Is it a seller's or buyer's market in MCALLEN, TX 78504?

Based on current inventory and days-on-market data as of February 2026, MCALLEN, TX 78504 is currently a Buyer's Market. Inventory has increased compared to last year, with 85 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 84 days on market compared to 68 days last year.

How much can I save on real estate commission in MCALLEN, TX?

With SELL123.com's maximum 3% commission, sellers in MCALLEN, TX 78504 save an estimated $6,465 compared to a typical 5% commission on the median listing price of $323,250. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.