Market report · TX

McAllen, TX

Buyer's market

Cash-flow-friendly fundamentals: 6.8% gross rent yield and 73% of sales closing below list make McAllen a steady BRRRR and rental market.

DATA · Zillow Research (via scrape.do) · AS OF APRIL 2026

$229k
Typical home value
↑4.8%
+0.6%
YoY change
$1,304
Median rent
↑1.4%
6.83%
Gross yield
93
Median DOM
97/100
MDR score
Detail Value Detail Value
Median list price $290,917 Median sale price $240,287
Sale-to-list ratio 0.968 % sold below list +72.8%
Active inventory 765 New listings 128
Trends · 36-month series

How McAllen has moved.

Typical home value $218k → $229k · ↑4.8% (36mo)
$218k $223k $227k $231k May 23Nov 24Apr 26
Median rent (ZORI) $1k → $1k · ↑1.4% (36mo)
$1k $1k $1k $1k May 23Nov 24Apr 26
Median days on market 90d → 93d · ↑3.4% (36mo)
83d 86d 89d 93d Feb 26Mar 26Apr 26
Sale-to-list ratio 0.970 → 0.968 · ↓0.2% (36mo)
0.968 0.968 0.969 0.970 Jan 26Feb 26Mar 26

McAllen sits at a median home value of $229,034 as of the latest Zillow read, essentially flat year-over-year, which historically is the most workable environment for disciplined wholesalers.

The sale-to-list ratio sits at 0.968, and 72.8% of closed sales are landing below list. That’s a clear buyer’s market — sellers are negotiating, and motivated-seller direct mail is converting at rates we haven’t seen since 2014.

Rents tell a stronger story. The Zillow Observed Rent Index for McAllen is $1,304/mo against a $229k median — that’s a 6.83% gross annual rent yield, well above the national 4-5% baseline. BRRRR and long-term rental strategies have real cushion here.

Median days-on-market is running around 93 days against 765 active listings — extended DOM creates room for direct-to-seller approaches and price-cut targeting. List-pull strategies on properties at 90+ days are converting in this environment.

MDR’s composite investor score for McAllen is 97/100 based on rent yield, sale-to-list discount, motivated-seller proxies, and DOM. That puts it in our top tier — actively recommended for new capital deployment this cycle.

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FAQ

McAllen for investors.

Is McAllen a good market for real estate investors in 2026?

Metro Deal Report's composite investor score for McAllen is 97/100, based on rent yield, sale-to-list ratio, motivated-seller proxies, and days on market. That puts McAllen in our top tier — actively recommended for new capital deployment this cycle.

What is the median home price in McAllen?

The typical home value in McAllen as of the most recent Zillow read is $229,034. Median list price is $290,917 and median sale price is $240,287. Year-over-year change: +0.6%.

What can a landlord expect to rent a property for in McAllen?

Zillow's Observed Rent Index for McAllen is $1,304/mo. Against the typical home value of $229k, that produces a gross annual rent yield of 6.83% — above the national 4-5% baseline, supportive of BRRRR and long-term rental strategies.

Is McAllen a buyer's or seller's market?

McAllen's current sale-to-list ratio is 0.968 with 72.8% of homes closing below list. That's a clear buyer's market — sellers are negotiating. Median days on market: 93 days. Active inventory: 765 listings.

Which investment strategy works best in McAllen?

McAllen's data favors BRRRR and long-term rentals — strong gross yield with stable to appreciating prices. See the per-strategy breakdowns at /wholesaling/mcallen, /brrrr/mcallen, and /flipping/mcallen.

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