🏠 McAllen Market Momentum: June–July 2025

1. 📈 Prices & Listings

• June 2025 saw McAllen's median sale price stabilize at $260,000, unchanged from May.

• In contrast, the combined McAllen‑Pharr market averaged $220,000, a 6.4% drop month‑over‑month.

• Zillow reports a year‑over‑year dip of about 1.5%, with McAllen's average home value at ~$227,000.

2. 🏡 Inventory & Market Balance

• McAllen inventory ticked up ~15%, with 809 homes listed in June vs. 702 in May.

• In McAllen‑Pharr, supply increased ~11% to 1,093 listings.

• Average days on market shortened—37 days in June per a local update—though Zillow notes ~53 days to pending in late May.

3. 🔍 Buyer Advantage

• In June, nearly 72% of McAllen homes sold below asking; the McAllen‑Pharr market saw 69% below asking.

• As a result, the market continues to favor buyers, offering room for negotiation.

4. 📊 Price Dynamics by Bedroom

• McAllen

  • 2‑bed: –4.7%

  • 3‑bed: –1%

  • 4‑bed: +10.2%

  • 5‑bed+: +2% 

• McAllen‑Pharr

  • 2‑bed: –0.8%

  • 3‑bed: –4.3%

  • 4‑bed: –3%

  • 5‑bed+: –21.5%

5. 🌟 McAllen’s National Spotlight

• SmartAsset named McAllen #1 metro in the U.S. for first-time buyers in June 2025. Median price: $204,499; inventory: ~3,500 homes; ~64 days to pending.

• McAllen was also among the top 10 fastest‑growing U.S. housing markets for 2025 according to Realtor.com.

6. 💰 Outlook & Mortgage Trends

• 30‑year mortgage rates hovered around 6.6%, dampening affordability.

• Projections suggest McAllen home sales could surge nearly 20% and median prices climb ~7% through 2025.

💡 Strategic Takeaways

1. For Buyers – June–July is ideal: strong inventory, flexible pricing, and favorable sales pace give significant negotiating leverage.

2. For Sellers – Homes in the 4‑bedroom range are outperforming, with rising prices; updating or staging these properties may pay off.

3. For Investors – With forecasts pointing to strong sales growth and modest price gains, now may be opportune to flip or hold properties in growth tiers.

4. For First‑Timers – McAllen remains a top pick nationally, combining affordability, solid inventory, and community support for new buyers.

🌞 July Outlook

• Expect continued balance: inventory remains steady, mortgage rates stay elevated, and price growth stays measured.

• The subtropical heat may temper summer viewings—plan open houses early in the day or ensure indoor showings are well cooled.

🔍 Final Thoughts

The McAllen market in June–July 2025 is balanced and buyer-friendly, with pockets of opportunity in certain home types. Demand remains solid, especially for well‑priced and staged listings. Whether you're buying, selling, or investing, this summer offers a strategic window to make impactful real estate moves in McAllen.