McAllen, TX 78504 Housing Market
- Active listings63currently for sale
- Pending sales25under contract
- Median asking price$345,000current listings
- Inventory age2 daysmedian time the current active listings have been on the market
- Closings tracked directly (6 mo)350a tracked sample, not a market total
- Median sold price$310,000last 6 months
- Middle half of sold prices$240k to $400k25th to 75th percentile
What the numbers say
As of July 18, 2026, Resideline is tracking 63 active listings and 25 pending sales in ZIP code 78504. That pending-to-active ratio of 0.40 points to a competitive market: a meaningful share of the inventory is already under contract.
The median asking price of current listings is $345,000, while the median of the 350 closings Resideline tracked directly over the last six months was $310,000. 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 78504 has been on the market for 2 days.
Frequently asked questions
What is the median home price in 78504?
The median closed sale price in McAllen, TX 78504 was $310,000 over the last six months, based on 350 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 $239,999 to $399,999.
Is 78504 a buyer's or seller's market?
Resideline is currently tracking 25 pending sales against 63 active listings in 78504, a pending-to-active ratio of 0.40. 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, 78504 currently looks like a competitive market.