The McAllen housing market is somewhat competitive. The median sale price of a home in McAllen was $263K last month, up 6.1% since last year. The median sale price per square foot in McAllen is $137, down 4.5% since last year.
In March 2024, McAllen home prices were up 6.1% compared to last year, selling for a median price of $263K. On average, homes in McAllen sell after 61 days on the market compared to 48 days last year. There were 76 homes sold in March this year, down from 93 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$262,500
+6.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
McAllen, TX
$262,500
+6.1%
United States
To compare other locations to the McAllen and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. McAllen's median sale price is 38% lower than the national average. Overall cost of living in McAllen is 19% lower than the national average. Learn which home features in McAllen add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the McAllen housing market?
McAllen is somewhat competitive. Homes sell in 58 days.
0
100
35
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 58 days.
Hot homes
can sell for around list price and go pending in around 21 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for McAllen
Explore recent offers and recently sold homes in McAllen
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on McAllen housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in McAllen.
Risk Factor
Flood Factor - Moderate
44% of properties are at risk of severe flooding over the next 30 years
Flood Factor
McAllen has a moderate risk of flooding. 8,256 properties in McAllen are likely to be
severely affected
by flooding over the next 30 years. This represents 44% of all properties in McAllen. Flood risk is increasing slower than the national average.
45% of properties are at risk of wildfire over the next 30 years
Fire Factor
McAllen has a moderate risk of wildfire. There are 20,604 properties in McAllen that have some risk of being affected by wildfire over the next 30 years. This represents 45% of all properties in McAllen.
99% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
McAllen has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. McAllen is most at risk from hurricanes. 45,475 properties in McAllen have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 150 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 163 mph.