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PENITAS, TX 78576

Real Estate Market Report  ·  Hidalgo County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The PENITAS, TX real estate market (78576) currently shows 34 active listings, with 8 pending sales. Homes are averaging 80 days on the market before going under contract.

Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice.

Homes are selling faster, averaging 80 days on market compared to 136 days last year.

The median listing price has risen 6.6% year-over-year, from $225,000 to $239,900.

Whether you are buying or selling in PENITAS, 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: 13,466  ·  Density: 89.3/mi²  ·  Median household income: $39,956

Typical home value: $121,290  ·  Homeownership: 80.2%

Market Overview

Active Listings
34
⇧ 78.9% vs 19 last year
Pending
8
24% pending ratio
Median Price
$239,900
⇧ 6.6% vs $225,000 last year
Average Price
$270,209
⇧ 8.6% vs $248,867 last year
Days on Market
80
⇩ 41.2% vs 136 days last year

Price Per Square Foot

Median $/sqft
$138
⇩ 4.8% vs $145/sqft last year
Median Home Size
1,687 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 34 this year vs 19 last year
  • Days on market: 80 now vs 136 last year

Median & Average Pricing

Year over Year
  • Median: $239,900 (+6.6% YoY)
  • Average: $270,209 (+8.6% 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 30.5 miles — 1,614 listings ($516,570,230 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
78576Penitas, TX 785760.0 mi31$9,170,637$244,999$295,827
78560La Joya, TX 785605.1 mi63$13,583,052$155,000$215,604
78565Los Ebanos, TX 785658.0 mi1$475,000$475,000$475,000
78572Mission, TX 7857211.2 mi408$129,771,744$265,000$318,068
78504Mcallen, TX 7850414.7 mi403$160,713,579$323,250$398,793
78503Mcallen, TX 7850317.6 mi135$50,187,060$248,500$371,756
78557Hidalgo, TX 7855720.2 mi64$16,813,440$244,950$262,710
78582Rio Grande City, TX 7858222.4 mi87$22,538,307$232,200$259,061
78591Santa Elena, TX 7859123.0 mi1$7,100,000$7,100,000$7,100,000
78516Alamo, TX 7851625.0 mi119$32,391,919$236,300$272,201
78537Donna, TX 7853727.6 mi144$32,950,368$203,750$228,822
78543Elsa, TX 7854328.7 mi27$5,410,935$202,363$200,405
78599Weslaco, TX 7859930.5 mi131$35,464,189$257,725$270,719

Frequently Asked Questions

How many homes are for sale in PENITAS, TX 78576?

As of March 2026, there are 34 active listings in PENITAS, TX (zip code 78576), compared to 19 the prior year.

What is the median home price in PENITAS, TX 78576?

The median listing price in PENITAS, TX 78576 is $239,900 as of March 2026, a 6.6% increase from $225,000 the prior year.

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

Homes in PENITAS, TX 78576 spend an average of 80 days on the market before going under contract, compared to 136 days the prior year.

Is it a seller's or buyer's market in PENITAS, TX 78576?

Based on current inventory and days-on-market data as of March 2026, PENITAS, TX 78576 is currently a Balanced Market. Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice. Homes are selling faster, averaging 80 days on market compared to 136 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PENITAS, TX 78576 save an estimated $4,798 compared to a typical 5% commission on the median listing price of $239,900. 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.