Mcallen, TX 78504 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Mcallen, TX — 78504
Market Hotness
16
Hotness Rank
#12,535
Hotness Score
16
Supply Score
20
Demand Score
13
DOM vs US
+17.5%
Slower
Price vs US
74%
Below avg
Median Listing Price
$317K
Population
63,094
Households
308,556
Median Days on Market
71
Active Listings
400
New Listings
88
Housing Market
Pricing
Median Listing Price
$317K
-1.6% YoY
Average Listing Price
$384K
-5.7% YoY
Price per Sq Ft
$167
+1.5% YoY
Median Sq Ft
1,962
-1.9% YoY
Inventory
Active Listings
400
+15.1% YoY
New Listings
88
-12.0% YoY
Total Listings
470
+12.7% YoY
Buyer Competition
Pending Listings
69
-0.7% YoY
Pending Ratio
0.17
-2.8% YoY
Median Days on Market
71
+6.0% YoY
Price Reduced
12.1%
-5.9% YoY
FY2026 Fair Market Rent — Hidalgo County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$842
/month
1 BR
$847
/month
2 BR
$1,060
/month
3 BR
$1,376
/month
4 BR
$1,522
/month
FMR Trends — Hidalgo County
Source: HUD Fair Market Rents
Demand Fundamentals
Median Age
30.5
2024
Population
ZIP Population
63,094
+2.1% YoY
Hidalgo County Population
914,820
+1.4% YoY
Households
Total Housing Units
308,556
+2.1% YoY
Age
2024 Age Mix
892K
residents
Under 18
276,245
31.0%
Adults 18–64
511,197
57.3%
65 & Over
104,535
11.7%
Age Composition Over Time
2017–2024
Population Under 18
276,245
-0.1% YoY
Population 65 & Over
104,535
+3.0% YoY
Median Age
30.50
+0.7% YoY
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