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All market snapshots / 78504

McAllen, TX 78504 Housing Market

Data snapshot: August 26, 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: 0.78
ActiveActive listings: 5050PendingPending sales: 3939
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): $323k$323kSoldMedian sold price (last 6 months): $315k$315k
What homes actually sell for in McAllen, TX
Distribution of 341 closings Resideline tracked directly over the last six months (5th to 95th percentile). Middle half of sales: $249k to $409k
$174k to $229k: 41 sales$174k$229k to $283k: 69 sales$283k to $338k: 74 sales74sales$283k$338k to $392k: 41 sales$392k to $447k: 32 sales$392k$447k to $501k: 29 sales$501k to $556k: 14 sales$501k$556k to $610k: 6 salesMedian $315k

What the numbers say

As of August 26, 2026, Resideline is tracking 50 active listings and 39 pending sales in ZIP code 78504. That pending-to-active ratio of 0.78 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $322,800, while the median of the 341 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 3 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 341 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 $249,000 to $409,000.

Is 78504 a buyer's or seller's market?

Resideline is currently tracking 39 pending sales against 50 active listings in 78504, a pending-to-active ratio of 0.78. 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

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