McAllen, TX 78501 Housing Market
- Active listings51currently for sale
- Pending sales15under contract
- Median asking price$299,999current listings
- Inventory age3 daysmedian time the current active listings have been on the market
- Closings tracked directly (6 mo)154a tracked sample, not a market total
- Median sold price$240,000last 6 months
- Middle half of sold prices$175k to $340k25th to 75th percentile
What the numbers say
As of August 3, 2026, Resideline is tracking 51 active listings and 15 pending sales in ZIP code 78501. That pending-to-active ratio of 0.29 points to a balanced market: buyers have room to compare options and negotiate.
The median asking price of current listings is $299,999, while the median of the 154 closings Resideline tracked directly over the last six months was $240,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. The median active listing in 78501 has been on the market for 3 days.
Frequently asked questions
What is the median home price in 78501?
The median closed sale price in McAllen, TX 78501 was $240,000 over the last six months, based on 154 closings Resideline tracked directly. Texas is a non-disclosure state, so this is a tracked sample rather than all recorded closings. The middle half of those sales ranged from $175,000 to $340,000.
Is 78501 a buyer's or seller's market?
Resideline is currently tracking 15 pending sales against 51 active listings in 78501, a pending-to-active ratio of 0.29. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 78501 currently looks like a balanced market.
Nearby ZIP code market data
- 78504 McAllen, TX
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