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PHARR, TX 78577

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

Market Analysis

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

The PHARR, TX real estate market (78577) currently shows 255 active listings, with 34 pending sales. Homes are averaging 88 days on the market before going under contract.

Inventory has increased compared to last year, with 59 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 88 days on market compared to 65 days last year.

The median listing price has risen 1.5% year-over-year, from $221,723 to $225,000.

Whether you are buying or selling in PHARR, 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: 79,496  ·  Density: 1,180.5/mi²  ·  Median household income: $44,871

Typical home value: $101,045  ·  Homeownership: 58.6%

Market Overview

Active Listings
255
⇧ 30.1% vs 196 last year
Pending
34
13% pending ratio
Median Price
$225,000
⇧ 1.5% vs $221,723 last year
Average Price
$236,565
⇩ 7.9% vs $256,936 last year
Days on Market
88
⇧ 35.4% vs 65 days last year

Price Per Square Foot

Median $/sqft
$142
⇩ 2.1% vs $145/sqft last year
Median Home Size
1,512 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 255 this year vs 196 last year
  • Days on market: 88 now vs 65 last year

Median & Average Pricing

Year over Year
  • Median: $225,000 (+1.5% YoY)
  • Average: $236,565 (-7.9% 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 22.5 miles — 1,760 listings ($546,711,363 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
78577Pharr, TX 785770.0 mi255$62,061,900$214,925$243,380
78503Mcallen, TX 785033.8 mi135$50,187,060$248,500$371,756
78516Alamo, TX 785164.7 mi119$32,391,919$236,300$272,201
78539Edinburg, TX 785397.9 mi181$66,822,847$311,250$369,187
78537Donna, TX 785378.3 mi144$32,950,368$203,750$228,822
78573Mission, TX 7857311.4 mi264$105,011,544$287,500$397,771
78599Weslaco, TX 7859912.9 mi131$35,464,189$257,725$270,719
78543Elsa, TX 7854314.8 mi27$5,410,935$202,363$200,405
78579Progreso, TX 7857916.1 mi2$780,000$390,000$390,000
78538Edcouch, TX 7853819.5 mi44$14,030,764$209,750$318,881
78542Edinburg, TX 7854220.1 mi425$132,159,700$275,000$310,964
78576Penitas, TX 7857620.4 mi31$9,170,637$244,999$295,827
78592Santa Maria, TX 7859222.5 mi2$269,500$134,750$134,750

Frequently Asked Questions

How many homes are for sale in PHARR, TX 78577?

As of April 2026, there are 255 active listings in PHARR, TX (zip code 78577), compared to 196 the prior year.

What is the median home price in PHARR, TX 78577?

The median listing price in PHARR, TX 78577 is $225,000 as of April 2026, a 1.5% increase from $221,723 the prior year.

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

Homes in PHARR, TX 78577 spend an average of 88 days on the market before going under contract, compared to 65 days the prior year.

Is it a seller's or buyer's market in PHARR, TX 78577?

Based on current inventory and days-on-market data as of April 2026, PHARR, TX 78577 is currently a Buyer's Market. Inventory has increased compared to last year, with 59 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 88 days on market compared to 65 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PHARR, TX 78577 save an estimated $4,500 compared to a typical 5% commission on the median listing price of $225,000. 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.