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Market Intelligence · TX / Hidalgo County

Mcallen, TX home prices and housing market

3 ZIP markets liveData updated September 2026Typical value$194K1-yr changeUp1.0%

The typical home value in Mcallen, TX is $194K as of September 2026, up 1.0% from a year ago, based on the Zillow Home Value Index. In the typical Mcallen ZIP code, the median list price is $265K and homes spend a median of 79 days on market as of September 2026 (Realtor.com).

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The coverage

Mcallen, by the numbers.

Typical home valueZillow ZHVI, September 2026
$194K
1-yr changeMedian across Mcallen ZIPs
+1.0%
ZIP markets live5 tracked in Mcallen
3
County
Hidalgo County

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12-month value trend

+1.0% over 12 months

Typical home value in Mcallen over the last 12 months: $193K in Sep 2025 to $194K in Sep 2026 (+1.0%).

Sep 2025$193K

Sep 2026$194K

Median Zillow home value index across Mcallen's ZIP codes.

Context

McAllen's housing market shows steady but modest momentum. The typical home value is $194,342, up 1.0% over the past year as of September 2026. There are 699 homes for sale in the city, with 114 new listings added recently. Homes spend a median of 79 days on market, and the median list price stands at $264,500. About 13.6% of listings have seen a price cut, suggesting some seller flexibility in negotiations. For homeowners considering a sale, the market is moving at a measured pace without urgency on either side.

The numbers

What is the housing market like in Mcallen, TX?

Typical home value

$194K

Up1.0%YoY

Median list price

$265K

Days on market

79

Homes for sale

699

Price cuts

13.6%

New listings

114

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Mcallen's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Mcallen, TX home prices over time

Typical home values in Mcallen, TX are up 1.0% over the past year, from $193K in September 2025 to $194K in September 2026.

Typical home value in Mcallen, TX, September of each year
MonthTypical value1-yr change
September 2026$194,342+1.0%
September 2025$192,506No prior year

Typical value is the median Zillow Home Value Index across Mcallen ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Mcallen, TX a buyer's or seller's market?

Mcallen, TX leans toward a buyer's market.

Homes are taking longer to sell and homes for sale are building up relative to new listings, which gives buyers more room to negotiate.

Based on a median of 79 days on market and 14% of listings with a price cut in the typical Mcallen ZIP code, and 114 new listings against 699 active listings across Mcallen, as of September 2026 (Realtor.com).

The outlook

Mcallen housing market forecast 2027

+0.8%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 3 Mcallen ZIP codes, points to typical home values rising 0.8% by September 2027.

Over the 12 months through September 2026, typical home values in Mcallen rose 1.0%, per the Zillow Home Value Index.

Will home prices drop in Mcallen?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Mcallen shows typical home values rising 0.8% by September 2027, after a 1.0% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 3 Mcallen ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Mcallen?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 5 Mcallen ZIP codes in total; the remaining 2 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

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Common questions

Questions about Mcallen, TX home prices.

What is a typical home worth in McAllen?

As of September 2026, the typical home value in McAllen is $194,342, which has risen 1.0% over the past year.

How long do homes stay on the market in McAllen?

The median time a home spends on the market in McAllen is 79 days, reflecting a steady but unhurried sales pace.

How many homes are currently for sale in McAllen?

There are 699 homes for sale in McAllen as of September 2026, with 114 new listings having recently entered the market.

Are home prices going up or down in Mcallen, TX?

Typical home values in Mcallen, TX are up 1.0% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Mcallen, TX a buyer's or seller's market?

Mcallen, TX leans toward a buyer's market. Homes are taking longer to sell and homes for sale are building up relative to new listings, which gives buyers more room to negotiate. Based on a median of 79 days on market and 14% of listings with a price cut in the typical Mcallen ZIP code, and 114 new listings against 699 active listings across Mcallen, as of September 2026 (Realtor.com).

Nearby markets

More Texas housing markets.

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