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Condo Foreclosures in Mcallen, TX 78504

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Mcallen, TX Foreclosures

How much do homes sell for in Mcallen, TX?
The average home price is currently $263,503.
What’s the average rental cost in Mcallen, TX?
The average rental price in Mcallen is $1,366.
What is the most expensive home in Mcallen?
The most expensive home sold in Mcallen had a price of $14,499,171.
What is currently the cheapest priced home in Mcallen, TX?
The cheapest home for sale in Mcallen is priced at $16,349.

Living in Mcallen, TX

McAllen, TX offers a rich cultural experience with a warm climate and diverse community. Featuring a mix of urban amenities and suburban charm, residents enjoy various recreational activities and excellent educational institutions. The city is an ideal place for both families and young professionals looking for a vibrant lifestyle.

Current Market Conditions in Mcallen, TX

The real estate market in McAllen has experienced significant growth in recent years, making it a hot spot for investment. The demand for homes has risen due to job growth and affordable living conditions, attracting both local and out-of-state buyers.

Recent trends show a steady increase in home prices, with the average sales price up by 5% over the past year. The market remains competitive with low inventory, pushing buyers to act quickly when new listings become available.

Home Value Estimator For Mcallen, TX

There are currently 42,307 real estate properties in Mcallen, TX, with a median automated valuation model (AVM) price of $225,851.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mcallen, TX, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Mcallen, TX, is $263,503.00, with the most expensive house in Mcallen, TX, topping out at $14,499,171.00 and the cheapest home in Mcallen, TX, clocking in at $16,349.00. In other words, there’s something for every potential homebuyer or savvy investor in Mcallen, TX!

Rent Prices In Mcallen, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mcallen, TX, is on a rollercoaster ride. The average rent price in Mcallen, TX, is $1,366.00. Indeed, when looking to rent in Mcallen, TX, you can expect to pay as little as $450.00 or as much as $3,440.00, with the average rent median estimated to be $1,280.00. The good news is that finding an affordable and desirable property to rent in Mcallen, TX -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Mcallen, TX 78504 Condos

Market Trend for Mcallen, TX

Total Listings Available: 0

Market Values:

Home Prices from $16,349 to $14,499,171

Average Sales Price: $263,503

Rental Values:

Rental from $450 to $3,440

Average Rent Value: $1,366 / month

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