McAllen, TX housing market
The typical McAllen home is worth about $229,000, up 0.5% in a year, 23% below the Texas typical home. Homes typically sell in 122 days, below asking.
Home values, sales, trends and how McAllen compares with the towns next door — updated as new data is published.
McAllen at a glance
A buyer's market
More homes are for sale than are selling — about 10 months of supply. Buyers have room to negotiate.
Typical home value, 2016–2026
Show as a table
| January | McAllen | Texas |
|---|---|---|
| 2017 | $136,000 | $190,000 |
| 2018 | $140,000 | $202,000 |
| 2019 | $145,000 | $214,000 |
| 2020 | $152,000 | $223,000 |
| 2021 | $166,000 | $242,000 |
| 2022 | $189,000 | $286,000 |
| 2023 | $217,000 | $313,000 |
| 2024 | $228,000 | $311,000 |
| 2025 | $230,000 | $311,000 |
| 2026 | $229,000 | $303,000 |
| August 2026 | $229,000 | $299,000 |
1,504 new homes permitted in 2025
Builders were permitted 1,504 new homes in McAllen in 2025: 786 single-family houses and 718 in buildings with two or more homes, worth about $255 million to build. That's 10 per 1,000 residents, faster than across Texas (8.1). Over the past 10 years, McAllen has permitted 10,797 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, McAllen gained 12,333 residents while 6,771 new homes were permitted: about 1.8 new residents per new home. Building and growth moved roughly in step. Across Texas: 2.6 new residents per new home.
How McAllen ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 883 | 487 | 396 | $162.1 million |
| 2025 | 1,504 | 786 | 718 | $255 million |
| 2024 | 1,722 | 669 | 1,053 | $229 million |
| 2023 | 1,181 | 428 | 753 | $167.9 million |
| 2022 | 1,330 | 663 | 667 | $217.1 million |
| 2021 | 1,012 | 807 | 205 | $195.8 million |
| 2020 | 1,096 | 530 | 566 | $180 million |
| 2019 | 865 | 536 | 329 | $100.7 million |
| 2018 | 826 | 540 | 286 | $105.5 million |
| 2017 | 638 | 438 | 200 | $111.1 million |
| 2016 | 623 | 450 | 173 | $113.7 million |
| 2015 | 1,038 | 515 | 523 | $167.9 million |
| 2014 | 608 | 412 | 196 | $99 million |
| 2013 | 519 | 374 | 145 | $83.6 million |
| 2012 | 529 | 433 | 96 | $89 million |
| 2011 | 475 | 397 | 78 | $77.3 million |
| 2010 | 650 | 472 | 178 | $97.2 million |
| 2009 | 383 | 352 | 31 | $65.8 million |
| 2008 | 747 | 573 | 174 | $111.7 million |
| 2007 | 1,076 | 754 | 322 | $156.6 million |
| 2006 | 1,139 | 1,075 | 64 | $171.7 million |
| 2005 | 1,223 | 951 | 272 | $155.9 million |
| 2004 | 1,516 | 967 | 549 | $121.4 million |
| 2003 | 1,554 | 875 | 679 | $106.7 million |
| 2002 | 1,015 | 843 | 172 | $74 million |
| 2001 | 1,565 | 873 | 692 | $89.9 million |
| 2000 | 903 | 788 | 115 | $60.3 million |
How McAllen ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
McAllen and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| McAllen | $229K | +0.5% | $1,200 | 1,504 | $61,579 |
| Edinburg | $217K | +0.8% | $1,060 | 1,431 | $59,466 |
| Pharr | $166K | −1.8% | $1,130 | 182 | $52,814 |
| Mission | $220K | −0.9% | $1,030 | 722 | $60,767 |
| Granjeno | — | +10.1%† | $1,050 | 0 | — |
| Hidalgo | $190K | −2.4% | $980 | 131 | $59,441 |
| Alton | $190K | −2.1% | $1,000 | 224 | $52,715 |
† FHFA price index change, where Zillow has no home value for the town.
3.7 years of income
The typical McAllen home costs about 3.7 years of the town's median household income, about the same as across Texas (3.8).
How McAllen ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,200
HUD's Fair Market Rent for a two-bedroom in McAllen is $1,200 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in McAllen pay a median of $1,049, so moving in tends to cost more than staying put. A two-bedroom takes about 23% of the town's median household income.
Studio $950 · 4 bedrooms $1,730
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (78501, 78503, 78504, 78541, 78557, 78573; McAllen-Edinburg-Mission, TX MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.