Start Free
All market snapshots / 78504

McAllen, TX 78504 Housing Market

Data snapshot: August 3, 2026. Closed-sale window: last 6 months.
Texas is a non-disclosure state: sale prices are not part of the public record. Sold figures on this page reflect closings Resideline tracked directly, and should be read as a sample rather than a count of all closings.
McAllen, TX inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.62
ActiveActive listings: 5353PendingPending sales: 3333
McAllen, TX: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $345k$345kSoldMedian sold price (last 6 months): $315k$315k
What homes actually sell for in McAllen, TX
Distribution of 346 closings Resideline tracked directly over the last six months (5th to 95th percentile). Middle half of sales: $242k to $400k
$180k to $230k: 49 sales$180k$230k to $280k: 59 sales$280k to $330k: 69 sales69sales$280k$330k to $380k: 49 sales$380k to $430k: 31 sales$380k$430k to $480k: 28 sales$480k to $530k: 13 sales$480k$530k to $580k: 13 salesMedian $315k

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

Run any 78504 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.