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McAllen housing market: home prices, trends and forecast

McAllen home prices: the Zillow Home Value Index put the typical home in McAllen, Texas at $226,801 in September 2026. That was +0.5% above a year earlier and −0.9% below the May 2024 peak of $228,822.

Value of a typical home
$226,801
September 2026, Zillow ZHVI
Change in 12 months
+0.5%
since September 2025
Change in 10 years
+71.4%. Change since September 2016.
Multiple over the period since 2007
×2.2. Starting at $105,113.
How long homes remain listed
78
McAllen, TX metro, Realtor.com

McAllen home prices since 2000

McAllen appears on the steel line; the United States appears on the grey line. In January 2007, a typical McAllen home was worth $105,113; its later value is $226,801, a ×2.16 increase. During those months, the US increase was ×1.75. The boom peak was $107,029 in September 2008. The low was $102,159 in February 2010, a change of −4.6%.

$100k$150k$200k$250k$300k$350k$400k2010201520202025Jan 2007 · $105,113$366,157$226,801Sep 2026McAllenUnited States$100k$150k$200k$250k$300k$350k$400k20102020Jan 2007 · $105k$366k$227kSep 2026
Zillow Home Value Index: smoothed and seasonally adjusted typical home values. Zillow Research data
January 2007 · $105,113

McAllen median home price by year

The yearly figure averages the twelve monthly values; for 2026, it shows the most recent month.

YearMcAllenChange on the yearUnited States
2007$105,132$208,449
2008$106,443+1.2%$195,574
2009$104,795−1.5%$177,542
2011$110,123$162,508
2012$110,041−0.1%$161,137
2013$113,312+3.0%$171,420
2014$118,155+4.3%$182,996
2015$123,776+4.8%$192,738
2016$130,746+5.6%$204,509
2017$136,166+4.1%$216,767
2018$140,966+3.5%$230,541
2019$146,143+3.7%$242,088
2020$154,687+5.8%$257,151
2021$174,849+13.0%$295,959
2022$204,694+17.1%$340,014
2023$218,635+6.8%$348,160
2024$227,723+4.2%$359,751
2025$225,928−0.8%$362,959
September 2026$226,801+0.5%$366,157

What McAllen homes bought in any year are worth now

An index-based estimate of a typical home's value, not an appraisal.

Each year's figure averages twelve monthly index values. The current value is September 2026. More tools: home appreciation calculator.

Are you thinking of selling? Compare local agents through Realtor.com. Advertising disclosure: links like this one may pay the site. They never change a number. Disclosure.

McAllen housing market forecast

For the McAllen, TX metro, Zillow's forecast is +0.9% for the 12 months from September 2026. It is +0.1% for the next three months. McAllen's typical value of $226,801 would rise to about $228,800 one year on under the forecast.

Here, Zillow's central estimate for the metro is set out again. The site does not release any forecast of its own. Such 12-month forecasts have typically been off by several percentage points, both above and below the realised change. This is not investment advice.

See all metro forecasts in one table: housing market forecast.

McAllen housing market crash risk score

The score is 43 out of 100, above normal.

McAllen is ranked against the 292 cities using five conditions that were high before earlier price falls. Each input gets a score from 0 to 100 based on the other cities. The five scores then receive equal weight in the average. It shows current conditions and does not predict a crash.

InputValueSub-scoreWeight
Active listings vs 2019+69.1%9620%
How long homes remain listed vs 2019−10.3%2120%
Price-to-rent ratio14.52320%
Price-to-income ratio3.72020%
12-month price change+0.5%5720%

This is not investment advice. How inputs are scored: methodology. Rankings for all 292 cities: crash risk by city.

McAllen market inventory and time on market

Homes for sale in the metro numbered 3,406: in September 2026 the McAllen, TX count was +5.5% on a year earlier, +69.1% against the same month in 2019. The median listing sold in 78 days, a figure that was −10.3% against 2019. Of all listings, 13.5% had a price cut.

McAllen, TX metro, September 2026ValueOn a year
Active listings3,406+5.5%
New listings632
Median days on market78+7.6%
Median list price$258,750−4.1%
Share with a price cut13.5%

Metro inventory comes from Realtor.com® Economic Research. Realtor.com data. See all metros: days on market by city.

Living costs and rent in McAllen

The Zillow Observed Rent Index lists the typical asking rent in McAllen at $1,300 a month. That is +2.5% on a year. That rent would take 14.5 years to cover the cost of a typical home. Census ACS 2024 reports median household income of $60,907. The typical home equals 3.7 times one year of income. BEA gives the metro a price index of 85.9, compared with a US average of 100. Its housing cost index is 55.9.

More housing markets across Texas

For the statewide market, see Texas housing market.

How to understand the chart

According to the Zillow Home Value Index for McAllen, each point gives a typical home's value in the middle third of the market. It is smoothed, seasonally adjusted, and stated in dollars for that month. The hollow dot shows the month on the slider, while the terracotta dot shows the latest month. An index follows the typical home rather than a given house, and the figures are not adjusted for inflation. To find the value of a single home, use its sale price with the card above or the home appreciation calculator.