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PHARR, TX 78577

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

Market Overview

Active Listings
253
⇧ 40.6% vs 180 last year
Pending
40
16% pending ratio
Median Price
$219,000
⇩ 4.4% vs $229,000 last year
Average Price
$246,030
⇩ 1.3% vs $249,147 last year
Days on Market
86
⇧ 22.9% vs 70 days last year

Market Context

Population: 79,496  ·  Density: 1,180.5/mi²  ·  Median household income: $44,871

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

Market Analysis

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

The PHARR, TX real estate market (78577) currently shows 253 active listings, with 40 pending sales. Homes are averaging 86 days on the market before going under contract.

Inventory has increased compared to last year, with 73 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 86 days on market compared to 70 days last year.

The median listing price has fallen 4.4% year-over-year, from $229,000 to $219,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 253 this year vs 180 last year
  • Days on market: 86 now vs 70 last year

Median & Average Pricing

Year over Year
  • Median: $219,000 (-4.4% YoY)
  • Average: $246,030 (-1.3% 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 22.5 miles — 1,668 listings ($520,854,480 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
78577Pharr, TX 785770.0 mi253$62,245,590$219,000$246,030
78503Mcallen, TX 785033.8 mi117$45,332,235$252,000$387,455
78516Alamo, TX 785164.7 mi119$32,632,537$237,600$274,223
78539Edinburg, TX 785397.9 mi170$61,020,650$322,500$358,945
78537Donna, TX 785378.3 mi135$31,586,895$209,500$233,977
78573Mission, TX 7857311.4 mi241$96,752,583$279,950$401,463
78599Weslaco, TX 7859912.9 mi126$34,400,016$259,500$273,016
78543Elsa, TX 7854314.8 mi24$4,508,640$199,000$187,860
78579Progreso, TX 7857916.1 mi2$780,000$390,000$390,000
78538Edcouch, TX 7853819.5 mi46$13,601,602$199,000$295,687
78542Edinburg, TX 7854220.1 mi407$129,740,204$271,000$318,772
78576Penitas, TX 7857620.4 mi26$7,984,028$245,999$307,078
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 January 2026, there are 253 active listings in PHARR, TX (zip code 78577), compared to 180 the prior year.

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

The median listing price in PHARR, TX 78577 is $219,000 as of January 2026, a 4.4% decrease from $229,000 the prior year.

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

Homes in PHARR, TX 78577 spend an average of 86 days on the market before going under contract, compared to 70 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 January 2026, PHARR, TX 78577 is currently a Buyer's Market. Inventory has increased compared to last year, with 73 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 86 days on market compared to 70 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 $4,380 compared to a typical 5% commission on the median listing price of $219,000. 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.