Pharr, TX housing market
The typical Pharr home is worth about $166,000, down 1.8% in a year, 45% below the Texas typical home. Homes typically sell in 96 days, below asking.
Home values, sales, trends and how Pharr compares with the towns next door — updated as new data is published.
Pharr at a glance
A buyer's market
More homes are for sale than are selling — about 9 months of supply. Buyers have room to negotiate.
Typical home value, 2016–2026
Show as a table
| January | Pharr | Texas |
|---|---|---|
| 2017 | $88,000 | $190,000 |
| 2018 | $94,000 | $202,000 |
| 2019 | $98,000 | $214,000 |
| 2020 | $105,000 | $223,000 |
| 2021 | $120,000 | $242,000 |
| 2022 | $136,000 | $286,000 |
| 2023 | $157,000 | $313,000 |
| 2024 | $170,000 | $311,000 |
| 2025 | $172,000 | $311,000 |
| 2026 | $168,000 | $303,000 |
| August 2026 | $166,000 | $299,000 |
182 new homes permitted in 2025
Builders were permitted 182 new homes in Pharr in 2025: 112 single-family houses and 70 in buildings with two or more homes, worth about $43 million to build. That's 2.3 per 1,000 residents, slower than across Texas (8.1). Over the past 10 years, Pharr has permitted 3,203 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Pharr gained 9,315 residents while 3,548 new homes were permitted: about 2.6 new residents per new home. Building and growth moved roughly in step. Across Texas: 2.6 new residents per new home.
How Pharr 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) | 180 | 47 | 133 | $34.5 million |
| 2025 | 182 | 112 | 70 | $43 million |
| 2024 | 298 | 107 | 191 | $47.1 million |
| 2023 | 345 | 176 | 169 | $71.1 million |
| 2022 | 275 | 147 | 128 | $55.4 million |
| 2021 | 451 | 229 | 222 | $77.4 million |
| 2020 | 118 | 110 | 8 | $26.2 million |
| 2019 | 360 | 235 | 125 | $72.3 million |
| 2018 | 273 | 220 | 53 | $55.3 million |
| 2017 | 285 | 163 | 122 | $19.9 million |
| 2016 | 616 | 183 | 433 | $54 million |
| 2015 | 431 | 211 | 220 | $29.7 million |
| 2014 | 364 | 250 | 114 | $24.2 million |
| 2013 | 356 | 208 | 148 | $22.1 million |
| 2012 | 291 | 187 | 104 | $20.1 million |
| 2011 | 290 | 290 | 0 | $20 million |
| 2010 | 282 | 282 | 0 | $17.8 million |
| 2009 | 187 | 187 | 0 | $13.1 million |
| 2008 | 216 | 216 | 0 | $15.2 million |
| 2007 | 671 | 537 | 134 | $41.9 million |
| 2006 | 1,284 | 1,284 | 0 | $70.6 million |
| 2005 | 964 | 784 | 180 | $50.1 million |
| 2004 | 1,010 | 553 | 457 | $46.2 million |
| 2003 | 830 | 633 | 197 | $39 million |
| 2002 | 1,159 | 925 | 234 | $52.6 million |
| 2001 | 711 | 620 | 91 | $30.9 million |
| 2000 | 572 | 533 | 39 | $26 million |
How Pharr 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.
Pharr and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Pharr | $166K | −1.8% | $1,130 | 182 | $52,814 |
| Lopezville | — | +2%† | $1,030 | — | $38,207 |
| McAllen | $229K | +0.5% | $1,200 | 1,504 | $61,579 |
| San Juan | $182K | −0.4% | $1,050 | 303 | $56,562 |
† FHFA price index change, where Zillow has no home value for the town.
3.1 years of income
The typical Pharr home costs about 3.1 years of the town's median household income, less than across Texas (3.8 years).
How Pharr 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 $1,130
HUD's Fair Market Rent for a two-bedroom in Pharr is $1,130 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Pharr pay a median of $1,037. A two-bedroom takes about 26% of the town's median household income.
Studio $900 · 4 bedrooms $1,620
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (78577; 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.