McAllen, TX 78501 Real Estate & Property Data

McAllen, TX 78501 Real Estate Market Trends
Last Updated: April 30, 2024

A total of 573 residential properties have been sold over the past 12 months in 78501. With a median sales price of $235,694 in 78501 and a total of 8 foreclosures in McAllen, TX 78501. Discover market trends and get the granular level real estate data for McAllen, TX 78501 to keep your pulse on the housing market. Curate compelling home reports for McAllen, TX 78501 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

McAllen, TX 78501 Real Estate Market Trends
Total Residential Properties 16,457
Total Commercial Properties 2,511
Avg. Home Age (Single Family Home) 39 Years
Avg. Square Feet (Single Family Home) 1,631
Total 2024 Residential Sales (year-to-date) 97
% of Homes Seriously Underwater (Q2 2024) 0.53%
Total 2023 Residential Sales 573
% of Equity Rich Homes (Q2 2024) 31.04%
Effective 2023 Property Tax 1.15%
Total Foreclosure Filings (year-to-date) 11
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McAllen, TX 78501 Real Estate Overview

There were 573 residential properties sold in the past year in McAllen, TX 78501. The median home value in McAllen, TX 78501 is $197,956. There are a total of 16,457 residential properties in the 78501.

Median Sales Price i
$235,694
(Mar 2024)
+13.4%
year-over-year
y-o-y
  • March '24 Mar '24 $235,694
  • February '24 Feb '24 $222,000
  • January '24 Jan '24 $185,412
  • December '23 Dec '23 $249,478
  • November '23 Nov '23 $205,000
  • October '23 Oct '23 $242,065
  • September '23 Sep '23 $279,063
  • August '23 Aug '23 $235,253
  • July '23 Jul '23 $218,750
  • June '23 Jun '23 $231,250
  • May '23 May '23 $213,750
  • April '23 Apr '23 $207,188
Number of Homes Sold i
32
(Mar 2024)
-45.8%
year-over-year
y-o-y
  • March '24 Mar '24 32
  • February '24 Feb '24 27
  • January '24 Jan '24 38
  • December '23 Dec '23 33
  • November '23 Nov '23 34
  • October '23 Oct '23 45
  • September '23 Sep '23 44
  • August '23 Aug '23 57
  • July '23 Jul '23 49
  • June '23 Jun '23 54
  • May '23 May '23 48
  • April '23 Apr '23 53
Number of Purchase Loans i
16
(Mar 2024)
-50%
year-over-year
y-o-y
  • March '24 Mar '24 16
  • February '24 Feb '24 17
  • January '24 Jan '24 16
  • December '23 Dec '23 17
  • November '23 Nov '23 18
  • October '23 Oct '23 18
  • September '23 Sep '23 14
  • August '23 Aug '23 30
  • July '23 Jul '23 26
  • June '23 Jun '23 24
  • May '23 May '23 28
  • April '23 Apr '23 33
Number of REFI Loans i
13
(Mar 2024)
+8.3%
year-over-year
y-o-y
  • March '24 Mar '24 13
  • February '24 Feb '24 18
  • January '24 Jan '24 13
  • December '23 Dec '23 13
  • November '23 Nov '23 9
  • October '23 Oct '23 21
  • September '23 Sep '23 17
  • August '23 Aug '23 14
  • July '23 Jul '23 6
  • June '23 Jun '23 11
  • May '23 May '23 14
  • April '23 Apr '23 16
Number of HELOC Loans i
  • March '24 Mar '24 N/A
  • February '24 Feb '24 1
  • January '24 Jan '24 2
  • December '23 Dec '23 1
  • November '23 Nov '23 4
  • October '23 Oct '23 1
  • September '23 Sep '23 2
  • August '23 Aug '23 1
  • July '23 Jul '23 2
  • June '23 Jun '23 5
  • May '23 May '23 1
  • April '23 Apr '23 4

McAllen, TX 78501 Foreclosure Activity

There were a total of 8 McAllen, TX 78501 properties with a foreclosure filing in March 2024. Lenders started the foreclosure process on 8 McAllen, TX 78501 properties and repossessed 1 McAllen, TX 78501 properties through completed foreclosures (REOs) in March 2024.

Total Foreclosure Filings i
8
(Mar 2024)
-11.1%
year-over-year
y-o-y
  • March '24 Mar '24 8
  • February '24 Feb '24 2
  • January '24 Jan '24 1
  • December '23 Dec '23 5
  • November '23 Nov '23 N/A
  • October '23 Oct '23 4
  • September '23 Sep '23 4
  • August '23 Aug '23 3
  • July '23 Jul '23 N/A
  • June '23 Jun '23 4
  • May '23 May '23 2
  • April '23 Apr '23 N/A
Foreclosure Starts i
8
(Mar 2024)
-11.1%
year-over-year
y-o-y
  • March '24 Mar '24 8
  • February '24 Feb '24 2
  • January '24 Jan '24 1
  • December '23 Dec '23 5
  • November '23 Nov '23 N/A
  • October '23 Oct '23 4
  • September '23 Sep '23 4
  • August '23 Aug '23 3
  • July '23 Jul '23 N/A
  • June '23 Jun '23 4
  • May '23 May '23 2
  • April '23 Apr '23 N/A
Completed Foreclosures (REOs) i
1
(Mar 2024)
  • March '24 Mar '24 1
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
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