Housing Prices in McAllen, TX

How much do homes in McAllen, TX cost?

Median List Price

$294,181

$153/sqft

Based on all homes listed in December 2024.

Difference Since Last Month

-$5,319(-1.8%)

Key Takeaway

The list price of homes in McAllen has decreased by 1.8% since November.

Summary: The median home list price in McAllen was $294,181 in December 2024, down 1.8% from the previous month, and the median price per square foot was $153.

Median List Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 $132K$115K
-12.9%
2 $165K$169K
+2.4%
3 $259.9K$259.9K
0.0%
4 $374.8K$365K
-2.6%
5+ $552.5K$545K
-1.4%

Summary: McAllen housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 12.9%, 2 bedroom homes increased by 2.4%, 3 bedroom homes did not change, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes decreased by 1.4%.

Median List Price Compared To Nearby Cities

McAllen-Pharr
0%
Pharr
0.0%
McAllen
-1.8%

Housing Supply in McAllen, TX

How many homes are available in McAllen, TX?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
457557+21.9%

Summary: The McAllen real estate market had 557 homes for sale in December 2024, a 21.9% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 23
+50.0%
2 4354
+25.6%
3 224278
+24.1%
4 146167
+14.4%
5+ 4255
+31.0%

Summary: The McAllen housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 25.6%, 3 bedroom homes increased by 24.1%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes increased by 31%.

Days on Market for McAllen, TX

How long does it take to sell a home in McAllen, TX?

Average Listing Age

Nov 2024Dec 2024CHANGE
101 Days110 Days+9.4%

Summary: Homes in McAllen had an average listing age of 110 days in Dec 2024, up by 9.4% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 6 Days Ago

Newest Listings in McAllen, TX

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