Call or Text (240) SELL-123

PENITAS, TX 78576

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

Market Overview

Active Listings
26
⇧ 30% vs 20 last year
Pending
5
19% pending ratio
Median Price
$245,999
⇧ 1.3% vs $242,925 last year
Average Price
$307,078
⇧ 22% vs $251,607 last year
Days on Market
89
⇩ 40.7% vs 150 days last year

Market Context

Population: 13,466  ·  Density: 89.3/mi²  ·  Median household income: $39,956

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

Market Analysis

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

The PENITAS, TX real estate market (78576) currently shows 26 active listings, with 5 pending sales. Homes are averaging 89 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are selling faster, averaging 89 days on market compared to 150 days last year.

The median listing price has risen 1.3% year-over-year, from $242,925 to $245,999.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for PENITAS, TX 78576 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 26 this year vs 20 last year
  • Days on market: 89 now vs 150 last year

Median & Average Pricing

Year over Year
  • Median: $245,999 (+1.3% YoY)
  • Average: $307,078 (+22% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 28.7 miles — 1,674 listings ($498,869,851 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
78576Penitas, TX 785760.0 mi26$7,984,028$245,999$307,078
78560La Joya, TX 785605.1 mi59$13,050,800$155,000$221,200
78565Los Ebanos, TX 785658.0 mi1$475,000$475,000$475,000
78572Mission, TX 7857211.2 mi400$129,496,800$264,000$323,742
78541Edinburg, TX 7854114.3 mi187$64,188,311$287,000$343,253
78501Mcallen, TX 7850116.1 mi216$62,404,992$255,000$288,912
78539Edinburg, TX 7853917.9 mi170$61,020,650$322,500$358,945
78577Pharr, TX 7857720.4 mi253$62,245,590$219,000$246,030
78582Rio Grande City, TX 7858222.4 mi83$22,175,608$239,995$267,176
78591Santa Elena, TX 7859123.0 mi1$7,100,000$7,100,000$7,100,000
78516Alamo, TX 7851625.0 mi119$32,632,537$237,600$274,223
78537Donna, TX 7853727.6 mi135$31,586,895$209,500$233,977
78543Elsa, TX 7854328.7 mi24$4,508,640$199,000$187,860

Frequently Asked Questions

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

As of January 2026, there are 26 active listings in PENITAS, TX (zip code 78576), compared to 20 the prior year.

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

The median listing price in PENITAS, TX 78576 is $245,999 as of January 2026, a 1.3% increase from $242,925 the prior year.

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

Homes in PENITAS, TX 78576 spend an average of 89 days on the market before going under contract, compared to 150 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 January 2026, PENITAS, TX 78576 is currently a Balanced Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are selling faster, averaging 89 days on market compared to 150 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 $4,920 compared to a typical 5% commission on the median listing price of $245,999. 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.