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McAllen Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$138,900

  • 4.7% 1-year change
  • 2.0% 1-year forecast

Market temperature 

The market temperature is based on three metrics: the list-to-sale price ratio, the prevalence of price cuts on home listings, and time-on-market. It provides information on the current balance of bargaining power between buyers and sellers in this region relative to that balance historically, enabling buyers and sellers to see trends in their local housing market temperature. Learn more

Very Hot
Buyers' Market
Sellers' Market

The median home value in McAllen is $138,900. McAllen home values have gone up 4.7% over the past year and Zillow predicts they will rise 2.0% within the next year. The median list price per square foot in McAllen is $98, which is higher than the McAllen-Edinburg-Mission Metro average of $95. The median price of homes currently listed in McAllen is $224,900. The median rent price in McAllen is $1,300, which is higher than the McAllen-Edinburg-Mission Metro median of $1,250.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in McAllen is 1.9%, which is higher than the national value of 1.1%.

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Relative ZHVI
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McAllen Market Overview

Data through Sep 30, 2019
  • $138,900 ZHVI

    The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.0% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Sep 30, 2020)
  • $224,900 Median listing price
  • No data Median sale price
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McAllen Market Health

Data through Aug 31, 2019
  • 110 Average days on Zillow
  • No data Homes with negative equity (8.2% US Avg)
  • 1.9% Delinquent on mortgage (1.1% US Avg) (Sep 30, 2016)
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Nearby Cities

Name Median ZHVI
Palmhurst $161,200
Mission $116,600
 

Listings & Sales

Data through Sep 30, 2019
  • $98 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 14.2% Listings with price cut
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McAllen Rentals

Data through Sep 30, 2019
  • Zillow Rent Index

  • $1,204 McAllen
    $999 McAllen-Edinburg-Mission Metro
    $1,573 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2018)
  • $1,300 Rent list price
  • $0.80 Rent list price / sq ft
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