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ALAMO, TX 78516

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

Market Analysis

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

The ALAMO, TX real estate market (78516) currently shows 119 active listings, with 16 pending sales. Homes are averaging 104 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 104 days on market compared to 81 days last year.

The median listing price has fallen 3.6% year-over-year, from $245,000 to $236,300.

Whether you are buying or selling in ALAMO, 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: 34,469  ·  Density: 351.9/mi²  ·  Median household income: $50,282

Typical home value: $86,092  ·  Homeownership: 75.5%

Market Overview

Active Listings
119
⇧ 0.8% vs 118 last year
Pending
16
13% pending ratio
Median Price
$236,300
⇩ 3.6% vs $245,000 last year
Average Price
$272,201
⇧ 5.2% vs $258,685 last year
Days on Market
104
⇧ 28.4% vs 81 days last year

Price Per Square Foot

Median $/sqft
$159
⇩ 0.6% vs $160/sqft last year
Median Home Size
1,495 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 119 this year vs 118 last year
  • Days on market: 104 now vs 81 last year

Median & Average Pricing

Year over Year
  • Median: $236,300 (-3.6% YoY)
  • Average: $272,201 (+5.2% 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 23.2 miles — 1,336 listings ($409,348,801 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
78516Alamo, TX 785160.0 mi119$32,632,537$237,600$274,223
78537Donna, TX 785374.4 mi135$31,586,895$209,500$233,977
78596Weslaco, TX 785967.9 mi203$58,145,290$239,500$286,430
78557Hidalgo, TX 785578.5 mi61$16,573,761$250,000$271,701
78599Weslaco, TX 785999.5 mi126$34,400,016$259,500$273,016
78579Progreso, TX 7857911.4 mi2$780,000$390,000$390,000
78558La Blanca, TX 7855812.0 mi1$475,000$475,000$475,000
78570Mercedes, TX 7857013.1 mi111$23,319,657$209,900$210,087
78573Mission, TX 7857315.6 mi241$96,752,583$279,950$401,463
78592Santa Maria, TX 7859217.8 mi2$269,500$134,750$134,750
78559La Feria, TX 7855918.1 mi97$27,643,060$262,500$284,980
78593Santa Rosa, TX 7859320.5 mi14$2,575,622$159,000$183,973
78552Harlingen, TX 7855223.2 mi224$84,194,880$299,900$375,870

Frequently Asked Questions

How many homes are for sale in ALAMO, TX 78516?

As of February 2026, there are 119 active listings in ALAMO, TX (zip code 78516), compared to 118 the prior year.

What is the median home price in ALAMO, TX 78516?

The median listing price in ALAMO, TX 78516 is $236,300 as of February 2026, a 3.6% decrease from $245,000 the prior year.

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

Homes in ALAMO, TX 78516 spend an average of 104 days on the market before going under contract, compared to 81 days the prior year.

Is it a seller's or buyer's market in ALAMO, TX 78516?

Based on current inventory and days-on-market data as of February 2026, ALAMO, TX 78516 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 104 days on market compared to 81 days last year.

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

With SELL123.com's maximum 3% commission, sellers in ALAMO, TX 78516 save an estimated $4,726 compared to a typical 5% commission on the median listing price of $236,300. 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.