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MCALLEN, TX 78503

Real Estate Market Report  ·  Hidalgo County
Buyer's Market
July 2026  ·  Source: Realtor.com

Market Analysis

Data as of July 2026. Source: Realtor.com.

The MCALLEN, TX real estate market (78503) currently shows 115 active listings, with 12 pending sales. Homes are averaging 91 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 91 days on market compared to 71 days last year.

The median listing price has risen 11.1% year-over-year, from $248,250 to $275,749.

Whether you are buying or selling in MCALLEN, TX, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 21,799  ·  Density: 438.2/mi²  ·  Median household income: $44,879

Typical home value: $122,024  ·  Homeownership: 58.9%

Market Overview

Active Listings
115
⇧ 6.5% vs 108 last year
Pending
12
10% pending ratio
Median Price
$275,749
⇧ 11.1% vs $248,250 last year
Average Price
$374,570
⇧ 0.5% vs $372,725 last year
Days on Market
91
⇧ 28.2% vs 71 days last year

Price Per Square Foot

Median $/sqft
$153
⇧ 2% vs $150/sqft last year
Median Home Size
1,755 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 115 this year vs 108 last year
  • Days on market: 91 now vs 71 last year

Median & Average Pricing

Year over Year
  • Median: $275,749 (+11.1% YoY)
  • Average: $374,570 (+0.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.4 miles — 2,068 listings ($640,580,112 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
78503Mcallen, TX 785030.0 mi135$50,187,060$248,500$371,756
78577Pharr, TX 785773.8 mi255$62,061,900$214,925$243,380
78589San Juan, TX 785895.7 mi227$58,263,182$254,700$256,666
78504Mcallen, TX 785048.0 mi403$160,713,579$323,250$398,793
78539Edinburg, TX 785399.2 mi181$66,822,847$311,250$369,187
78537Donna, TX 7853712.0 mi144$32,950,368$203,750$228,822
78596Weslaco, TX 7859616.1 mi225$62,157,150$219,975$276,254
78599Weslaco, TX 7859916.6 mi131$35,464,189$257,725$270,719
78576Penitas, TX 7857617.5 mi31$9,170,637$244,999$295,827
78579Progreso, TX 7857919.6 mi2$780,000$390,000$390,000
78541Edinburg, TX 7854120.2 mi181$63,499,325$284,750$350,825
78570Mercedes, TX 7857021.1 mi109$24,479,111$209,900$224,579
78538Edcouch, TX 7853822.4 mi44$14,030,764$209,750$318,881

Frequently Asked Questions

How many homes are for sale in MCALLEN, TX 78503?

As of July 2026, there are 115 active listings in MCALLEN, TX (zip code 78503), compared to 108 the prior year.

What is the median home price in MCALLEN, TX 78503?

The median listing price in MCALLEN, TX 78503 is $275,749 as of July 2026, a 11.1% increase from $248,250 the prior year.

How long do homes stay on the market in MCALLEN, TX?

Homes in MCALLEN, TX 78503 spend an average of 91 days on the market before going under contract, compared to 71 days the prior year.

Is it a seller's or buyer's market in MCALLEN, TX 78503?

Based on current inventory and days-on-market data as of July 2026, MCALLEN, TX 78503 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 91 days on market compared to 71 days last year.

How much can I save on real estate commission in MCALLEN, TX?

With SELL123.com's maximum 3% commission, sellers in MCALLEN, TX 78503 save an estimated $5,515 compared to a typical 5% commission on the median listing price of $275,749. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.