Progreso Lakes, TX housing market
The typical Progreso Lakes home is worth about $358,000, up 3.1% in a year, 19% above the Texas typical home.
Home values, sales, trends and how Progreso Lakes compares with the towns next door — updated as new data is published.
Progreso Lakes at a glance
Only 1 sale in March 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2018–2026
Show as a table
| January | Progreso Lakes | Texas |
|---|---|---|
| 2019 | $222,000 | $214,000 |
| 2020 | $232,000 | $223,000 |
| 2021 | $255,000 | $242,000 |
| 2022 | $294,000 | $286,000 |
| 2023 | $320,000 | $313,000 |
| 2024 | $330,000 | $311,000 |
| 2025 | $341,000 | $311,000 |
| 2026 | $350,000 | $303,000 |
| August 2026 | $358,000 | $299,000 |
2 new homes permitted in 2025
Builders were permitted 2 new homes in Progreso Lakes in 2025, all single-family houses. Over the past 10 years, Progreso Lakes has permitted 21 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Progreso Lakes gained 17 residents while 7 new homes were permitted: about 2.4 new residents per new home. Building and growth moved roughly in step. Across Texas: 2.6 new residents per new home.
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) | 0 | 0 | 0 | — |
| 2025 | 2 | 2 | 0 | $102,000 |
| 2024 | 4 | 4 | 0 | $1.2 million |
| 2023 | 3 | 3 | 0 | $865,000 |
| 2022 | 3 | 3 | 0 | $501,000 |
| 2021 | 3 | 3 | 0 | $394,000 |
| 2020 | 3 | 3 | 0 | $412,000 |
| 2019 | 1 | 1 | 0 | $60,000 |
| 2018 | 2 | 2 | 0 | $210,000 |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 1 | 1 | 0 | $151,000 |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 1 | 1 | 0 | $150,000 |
| 2011 | 2 | 2 | 0 | $374,000 |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 1 | 1 | 0 | $500,000 |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 3 | 3 | 0 | $492,000 |
| 2006 | 3 | 3 | 0 | $395,000 |
| 2005 | 4 | 4 | 0 | $570,000 |
| 2004 | 1 | 1 | 0 | $137,000 |
| 2003 | 1 | 1 | 0 | $450,000 |
| 2002 | 1 | 1 | 0 | $450,000 |
| 2001 | 3 | 3 | 0 | $287,000 |
| 2000 | 0 | 0 | 0 | — |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
A two-bedroom rents for about $1,070
HUD's Fair Market Rent for a two-bedroom in Progreso Lakes is $1,070 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $850 · 4 bedrooms $1,530
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (78579, 78596; 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, March 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.