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RIO HONDO, TX 78583

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

Market Analysis

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

The RIO HONDO, TX real estate market (78583) currently shows 29 active listings, with 3 pending sales. Homes are averaging 87 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 87 days on market compared to 84 days last year.

The median listing price has fallen 1.4% year-over-year, from $396,725 to $391,000.

Whether you are buying or selling in RIO HONDO, 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: 6,384  ·  Density: 26.5/mi²  ·  Median household income: $59,217

Typical home value: $129,864  ·  Homeownership: 82.8%

Market Overview

Active Listings
29
⇧ 31.8% vs 22 last year
Pending
3
10% pending ratio
Median Price
$391,000
⇩ 1.4% vs $396,725 last year
Average Price
$481,865
⇧ 5.7% vs $455,989 last year
Days on Market
87
⇧ 3.6% vs 84 days last year

Price Per Square Foot

Median $/sqft
$194
⇩ 7.6% vs $210/sqft last year
Median Home Size
2,020 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 29 this year vs 22 last year
  • Days on market: 87 now vs 84 last year

Median & Average Pricing

Year over Year
  • Median: $391,000 (-1.4% YoY)
  • Average: $481,865 (+5.7% 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 32.7 miles — 1,131 listings ($370,446,933 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
78583Rio Hondo, TX 785830.0 mi28$14,224,000$510,000$508,000
78568Lozano, TX 7856812.1 mi1$95,000$95,000$95,000
78586San Benito, TX 7858616.3 mi125$37,270,375$235,000$298,163
78598Port Mansfield, TX 7859817.0 mi17$9,374,820$495,000$551,460
78569Lyford, TX 7856917.9 mi3$2,054,850$684,950$684,950
78552Harlingen, TX 7855218.5 mi224$84,194,880$299,900$375,870
78526Brownsville, TX 7852619.8 mi162$59,937,894$339,000$369,987
78520Brownsville, TX 7852022.4 mi183$56,185,026$267,750$307,022
78567Los Indios, TX 7856723.4 mi2$805,666$315,000$402,833
78521Brownsville, TX 7852124.6 mi212$58,033,304$225,000$273,742
78592Santa Maria, TX 7859227.8 mi2$269,500$134,750$134,750
78538Edcouch, TX 7853831.7 mi46$13,601,602$199,000$295,687
78599Weslaco, TX 7859932.7 mi126$34,400,016$259,500$273,016

Frequently Asked Questions

How many homes are for sale in RIO HONDO, TX 78583?

As of February 2026, there are 29 active listings in RIO HONDO, TX (zip code 78583), compared to 22 the prior year.

What is the median home price in RIO HONDO, TX 78583?

The median listing price in RIO HONDO, TX 78583 is $391,000 as of February 2026, a 1.4% decrease from $396,725 the prior year.

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

Homes in RIO HONDO, TX 78583 spend an average of 87 days on the market before going under contract, compared to 84 days the prior year.

Is it a seller's or buyer's market in RIO HONDO, TX 78583?

Based on current inventory and days-on-market data as of February 2026, RIO HONDO, TX 78583 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 87 days on market compared to 84 days last year.

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

With SELL123.com's maximum 3% commission, sellers in RIO HONDO, TX 78583 save an estimated $7,820 compared to a typical 5% commission on the median listing price of $391,000. 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.