Zip 78501 (McAllen, TX) Housing

The housing market in 78501 McAllen, TX is doing well, with the median value currently standing at $169,000. This is significantly lower than the US median house value of $338,100, but the 1 year appreciation rate of 14.13% is higher than the US rate of 8.27%. This indicates that housing prices are increasing steadily in 78501 McAllen, TX and could be a great option for anyone looking to invest in real estate.

The median home cost in McAllen (zip 78501) is $169,000. Home appreciation the last 10 years has been 75.5%. Home Appreciation in McAllen (zip 78501) is up 23.4%.

Average Age of Homes

- The median age of McAllen (zip 78501) real estate is 35 years old

The Rental Market in McAllen (zip 78501)

- Renters make up 42.2% of the McAllen (zip 78501) population
- 3.6% of houses and apartments in McAllen (zip 78501), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	McAllen, Texas	United States
	24,854.0	139,647,020.0
	35	42
	$169,000	$338,100
	23.4%	16.6%
	56.4%	57.0%
	75.5%	101.1%
	$19.64	$10.98
	$2,392	$2,690
	44.4%	57.4%
	12.8%	11.2%
	42.8%	31.4%
Vacant Housing
	3.6%	1.9%
	0.2%	0.4%
	0.4%	0.7%
	0.2%	0.4%
	2.6%	3.6%
	5.8%	4.1%
Value of Owner-Occupied Housing
	3.3%	2.6%
	5.0%	2.4%
	6.4%	2.8%
	12.4%	3.9%
	11.2%	4.5%
	27.1%	11.3%
	15.3%	13.0%
	13.1%	20.1%
	3.9%	13.6%
	1.3%	8.3%
	0.6%	9.7%
	0.1%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	15.4%	13.6%
	15.4%	13.6%
	16.1%	13.6%
	17.6%	13.2%
	21.8%	14.8%
	16.1%	13.6%
	5.4%	10.0%
	3.1%	4.7%
	2.1%	12.2%

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