McAllen, TX 78504 Housing Market
- Active listings53currently for sale
- Pending sales33under 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)346a tracked sample, not a market total
- Median sold price$315,000last 6 months
- Middle half of sold prices$242k to $400k25th to 75th percentile
What the numbers say
As of August 3, 2026, Resideline is tracking 53 active listings and 33 pending sales in ZIP code 78504. That pending-to-active ratio of 0.62 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.
The median asking price of current listings is $345,000, while the median of the 346 closings Resideline tracked directly over the last six months was $315,000. 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 $315,000 over the last six months, based on 346 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 $242,000 to $400,000.
Is 78504 a buyer's or seller's market?
Resideline is currently tracking 33 pending sales against 53 active listings in 78504, a pending-to-active ratio of 0.62. 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 seller's market.
Nearby ZIP code market data
- 78501 McAllen, TX
- 75071 McKinney, TX
- 78130 New Braunfels, TX
- 76227 Aubrey, TX
- 78245 San Antonio, TX
- 78253 San Antonio, TX