78541
Mcallen, Texas
Mcallen 78541 needs watching.
The 78541 ZIP code in Mcallen, Texas has a median sale price of $283K, down -12.6% year-over-year. Homes spend an average of 88 days on market, with 9% of homes selling above list price.
Folio's PropIQ™ score of 51 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 78541.
The McAllen 78541 market shows clear buyer advantage with a median sale price of $283,000, down 12.6% year-over-year as of February 2026. Properties are averaging 87.5 days on market, significantly above the typical seller's market threshold of 30-45 days. Only 9% of homes are selling above list price, indicating limited competition and weak pricing power for sellers in this ZIP code.
Price-sensitive buyers and cash investors gain maximum leverage in these conditions. The 12.6% price decline creates entry points for long-term holders who can absorb extended holding periods beyond the 87-day average marketing window. Sellers with equity cushions and flexible timelines maintain positioning, while overleveraged owners face pressure from the combination of falling prices and slow absorption rates.
The PropIQ score of 51 signals caution rather than crisis, suggesting stabilization potential exists but hasn't materialized yet. The critical variables to monitor are days-on-market trends and the percentage of above-list sales—if DOM extends beyond 100 days or above-list transactions fall below 5%, further price compression becomes probable. Current data indicates a market seeking equilibrium rather than one in freefall.
What is the median home price in 78541 Mcallen?
The median sale price in 78541 is $283K, down -12.6% year-over-year as of 2026-02-28.
How long do homes stay on the market in Mcallen 78541?
Homes in 78541 Mcallen spend an average of 88 days on market before going under contract.
Is Mcallen 78541 a good place to invest in real estate?
Folio's PropIQ™ score for 78541 is 51/100 — a Caution signal. 9% of homes sold above asking.
What does a PropIQ™ score of 51 mean for 78541?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 51 = Caution in 78541 Mcallen, Texas.