McAllen, TX 78503 Real Estate & Property Data

McAllen, TX 78503 Real Estate Market Trends
Last Updated: April 30, 2024

A total of 254 residential properties have been sold over the past 12 months in 78503. With a median sales price of $172,465 in 78503 and a total of 3 foreclosures in McAllen, TX 78503. Discover market trends and get the granular level real estate data for McAllen, TX 78503 to keep your pulse on the housing market. Curate compelling home reports for McAllen, TX 78503 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

McAllen, TX 78503 Real Estate Market Trends
Total Residential Properties 6,754
Total Commercial Properties 792
Avg. Home Age (Single Family Home) 29 Years
Avg. Square Feet (Single Family Home) 1,721
Total 2024 Residential Sales (year-to-date) 50
% of Homes Seriously Underwater (Q2 2024) 0.73%
Total 2023 Residential Sales 264
% of Equity Rich Homes (Q2 2024) 26.87%
Effective 2023 Property Tax 1.4%
Total Foreclosure Filings (year-to-date) 5
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McAllen, TX 78503 Real Estate Overview

There were 254 residential properties sold in the past year in McAllen, TX 78503. The median home value in McAllen, TX 78503 is $177,250. There are a total of 6,754 residential properties in the 78503.

Median Sales Price i
$172,465
(Mar 2024)
-53.4%
year-over-year
y-o-y
  • March '24 Mar '24 $172,465
  • February '24 Feb '24 $296,303
  • January '24 Jan '24 $186,307
  • December '23 Dec '23 $50,000
  • November '23 Nov '23 $214,692
  • October '23 Oct '23 $294,943
  • September '23 Sep '23 $185,094
  • August '23 Aug '23 $216,159
  • July '23 Jul '23 $183,316
  • June '23 Jun '23 $95,000
  • May '23 May '23 $456,875
  • April '23 Apr '23 $166,162
Number of Homes Sold i
14
(Mar 2024)
-39.1%
year-over-year
y-o-y
  • March '24 Mar '24 14
  • February '24 Feb '24 20
  • January '24 Jan '24 16
  • December '23 Dec '23 8
  • November '23 Nov '23 15
  • October '23 Oct '23 17
  • September '23 Sep '23 24
  • August '23 Aug '23 27
  • July '23 Jul '23 37
  • June '23 Jun '23 11
  • May '23 May '23 20
  • April '23 Apr '23 22
Number of Purchase Loans i
9
(Mar 2024)
-10%
year-over-year
y-o-y
  • March '24 Mar '24 9
  • February '24 Feb '24 9
  • January '24 Jan '24 6
  • December '23 Dec '23 4
  • November '23 Nov '23 7
  • October '23 Oct '23 6
  • September '23 Sep '23 11
  • August '23 Aug '23 12
  • July '23 Jul '23 12
  • June '23 Jun '23 3
  • May '23 May '23 8
  • April '23 Apr '23 9
Number of REFI Loans i
4
(Mar 2024)
-33.3%
year-over-year
y-o-y
  • March '24 Mar '24 4
  • February '24 Feb '24 6
  • January '24 Jan '24 4
  • December '23 Dec '23 4
  • November '23 Nov '23 9
  • October '23 Oct '23 3
  • September '23 Sep '23 4
  • August '23 Aug '23 9
  • July '23 Jul '23 10
  • June '23 Jun '23 5
  • May '23 May '23 10
  • April '23 Apr '23 1
Number of HELOC Loans i
2
(Mar 2024)
+100%
year-over-year
y-o-y
  • March '24 Mar '24 2
  • 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 1
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 1

McAllen, TX 78503 Foreclosure Activity

There were a total of 3 McAllen, TX 78503 properties with a foreclosure filing in March 2024.

Total Foreclosure Filings i
3
(Mar 2024)
-25%
year-over-year
y-o-y
  • March '24 Mar '24 3
  • February '24 Feb '24 1
  • January '24 Jan '24 1
  • December '23 Dec '23 1
  • November '23 Nov '23 2
  • October '23 Oct '23 2
  • September '23 Sep '23 1
  • August '23 Aug '23 2
  • July '23 Jul '23 4
  • June '23 Jun '23 1
  • May '23 May '23 2
  • April '23 Apr '23 2
Foreclosure Starts i
3
(Mar 2024)
-25%
year-over-year
y-o-y
  • March '24 Mar '24 3
  • February '24 Feb '24 1
  • January '24 Jan '24 1
  • December '23 Dec '23 1
  • November '23 Nov '23 2
  • October '23 Oct '23 2
  • September '23 Sep '23 1
  • August '23 Aug '23 2
  • July '23 Jul '23 4
  • June '23 Jun '23 1
  • May '23 May '23 2
  • April '23 Apr '23 2
Completed Foreclosures (REOs) i
  • March '24 Mar '24 N/A
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 1
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 1
  • 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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