Market Intelligence · TX / Mcallen

Mcallen, TX 78503 Housing Market

The typical home value in McAllen's 78503 ZIP code is $183,017, down 0.3% over the past year. The median list price sits at $259,250, and homes are taking a median of 99 days on market to sell.

Updated June 2026Median value$183K

The median home value in Mcallen, TX 78503 is $183K as of June 2026, down 0.3% 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 78503 range

$168K to $198K

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

-0.3% over 12 months

Typical home value in 78503 over the last 12 months: $184K in Jun 2025 to $183K in Jun 2026 (-0.3%).

Jun 2025$184K

Jun 2026$183K

The numbers

What is the 78503 housing market like?

Typical home value

$183K

Down0.3%YoY

Median list price

$259K

Days on market

99

Up30.3%MoM

Homes for sale

110

Price cuts

11.0%

New listings

12

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

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The comparison

How do 78503 home prices compare?

  • 78503$183,017
  • 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 June 1, 2026, there are 110 homes for sale in 78503, with 12 new listings added recently. The median list price is $259,250, while the typical home value is $183,017, down 0.3% over the past year. With a median of 99 days on market, homes here are moving slowly. About 11.0% of listings have taken a price cut. For sellers, this points to a patient market where pricing carefully matters more than speed.

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