Market Intelligence · TX / Mcallen

Mcallen, TX 78504 Housing Market

The typical home value in McAllen's 78504 ZIP code is $267,552, up 0.4% over the past year. Homes here carry a median list price of $317,250, and the median time on market is 71 days.

Updated June 2026Median value$268K

The median home value in Mcallen, TX 78504 is $268K as of June 2026, up 0.4% 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 78504 range

$246K to $289K

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

+0.4% over 12 months

Typical home value in 78504 over the last 12 months: $267K in Jun 2025 to $268K in Jun 2026 (+0.4%).

Jun 2025$267K

Jun 2026$268K

The numbers

What is the 78504 housing market like?

Typical home value

$268K

Up0.4%YoY

Median list price

$317K

Days on market

71

Down33.0%MoM

Homes for sale

400

Price cuts

12.1%

New listings

88

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

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The comparison

How do 78504 home prices compare?

  • 78504$267,552
  • 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 400 homes for sale in 78504, with 88 new listings added recently. The median list price is $317,250, while the typical home value sits at $267,552, up 0.4% over the past year. Homes take a median of 71 days to sell, and 12.1% of listings have had a price cut. Sellers in this area should expect a measured pace and price their homes with the local market in mind.

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