Market Intelligence · TX / Mcallen

Mcallen, TX 78501 Housing Market

The typical home value in McAllen's 78501 is $199,438, up 0.2% over the past year. The median list price sits at $279,000, and homes are taking a median of 89 days on the market as of 2026-06-01.

Updated June 2026Median value$199K

The median home value in Mcallen, TX 78501 is $199K as of June 2026, up 0.2% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 78501 range

$183K to $215K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+0.2% over 12 months

Typical home value in 78501 over the last 12 months: $199K in Jun 2025 to $199K in Jun 2026 (+0.2%).

Jun 2025$199K

Jun 2026$199K

The numbers

What is the 78501 housing market like?

Typical home value

$199K

Up0.2%YoY

Median list price

$279K

Days on market

89

Down33.6%MoM

Homes for sale

206

Price cuts

10.3%

New listings

34

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 78501 home prices compare?

  • 78501$199,438
  • Mcallen$199,438
  • Texas$263,300
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Mcallen: 3 ZIPs; Texas: 1,512 ZIPs; United States: 26,270 ZIPs).

Context

As of 2026-06-01, there were 206 homes for sale in 78501, with 34 new listings added. The median list price was $279,000, while the typical home value stood at $199,438, up 0.2% over the past year. About 10.3% of listings had a price cut, and the median time on market was 89 days. For sellers, this points to a slower market where realistic pricing and patience matter more than expecting a quick sale.

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