What is the typical home value in McAllen 78501?

The typical home value is $196,260, which is up 0.5% over the past year.

How long do homes typically take to sell in 78501?

The median days on market is 89 days.

Market Intelligence · TX / Mcallen

Mcallen, TX 78501 Housing Market

The typical home value in McAllen 78501 is $196,260, up 0.5% over the past year. The median list price is $274,999, with homes taking a median of 89 days to sell.

Updated August 2026Median value$197K

The median home value in Mcallen, TX 78501 is $197K as of August 2026, up 0.9% 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

$181K to $213K

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

+0.9% over 12 months

Aug 2025$196K

Low $196KHigh $197K

Aug 2026$197K

The numbers

What is the 78501 housing market like?

As of August 2026

Typical home value

$197K

0.9%YoY

Median list price

$275K

2.0%MoM

Days on market

10.1%MoM

Homes for sale

188

7.4%MoM

Price cuts

11.3%

6.8%MoM

New listings

37.5%MoM

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

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The comparison

How do 78501 home prices compare?

78501$197,253
Mcallen$197,253
Texas$262,445
United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Mcallen: 3 ZIPs; Texas: 1,512 ZIPs; United States: 26,265 ZIPs).

Context

McAllen 78501 has 188 homes for sale as of August 2026, with 44 new listings added recently. The median list price sits at $274,999, while homes are spending a median of 89 days on market. About 11.3% of listings have seen a price cut, suggesting some seller adjustment in the market. The typical home value gained 0.5% year over year, a modest appreciation. For sellers, the extended days on market and modest price cuts indicate a patient buyer's market where pricing strategy matters.

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