McAllen, TX metro area Housing Market

Cold Market

Comprehensive housing market data for the McAllen, TX metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: January 2026

Median Sale Price

$260K

6.1% YoY

Days on Market

97 days

18.3% YoY

Active Inventory

3,202

8.8% YoY

Homes Sold

313

14.7% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

McAllen, TX metro area Market Summary

The McAllen, TX metro area housing market is cooling down. As of January 2026, the median home sale price is $260K, up 6.1% year-over-year. Homes are spending a median of 97 days on the market, 18.3% longer than a year ago.

There are 3,202 homes for sale — 8.8% more than last year. With 10.2 months of supply, this is a buyer's market. 742 new listings were added during this period, up 13.6% year-over-year.

Homes are selling for 96.8% of their list price on average, suggesting room for negotiation. 14.1% of homes sell above their asking price. 18.6% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

88

Contributing Factors

Months of Supply 10.2
Days on Market 97
Price Drops 18.6%
Sale-to-List Ratio 96.8%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $423K) 38.5%
Days on Market (National: 66) 47.0%
Inventory (National: 1,210,379) 99.7%

vs. Texas Median

Median Price (Texas: $330K) 21.1%
Days on Market (Texas: 88) 10.2%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. Prices are 39% below the national median, which could indicate stronger cash flow potential.

McAllen, TX metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$250K

Price per Sq Ft

$145

Sale-to-List Ratio

96.8%

Months of Supply

10.2

Sold Above List

14.1%

Price Drops

18.6%

New Listings

742

13.6% YoY

Pending Sales

370

Off Market in 2 Weeks

15.1%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.