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All market snapshots / 78504

McAllen, TX 78504 Housing Market

Data snapshot: October 5, 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: 0.03
ActiveActive listings: 219219PendingPending sales: 77
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): $310k$310kSoldMedian sold price (last 6 months): $315k$315k
What homes actually sell for in McAllen, TX
Distribution of 318 closings Resideline tracked directly over the last six months (5th to 95th percentile). Middle half of sales: $245k to $415k
$174k to $245k: 63 sales$174k$245k to $315k: 81 sales81sales$315k to $385k: 65 sales$315k$385k to $455k: 31 sales$455k to $525k: 25 sales$455k$525k to $595k: 17 sales$595k to $665k: 2 sales$595k$665k to $735k: 3 salesMedian $315k

What the numbers say

As of October 5, 2026, Resideline is tracking 219 active listings and 7 pending sales in ZIP code 78504. That pending-to-active ratio of 0.03 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $310,000, while the median of the 318 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. Resideline has been seeing the median active listing in 78504 for 79 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 318 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 $245,000 to $415,000.

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

Resideline is currently tracking 7 pending sales against 219 active listings in 78504, a pending-to-active ratio of 0.03. 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 balanced market.

Nearby ZIP code market data

Full McAllen, TX housing market report →

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