McAllen
Market Overview
McAllen Real Estate
McAllen is the commercial and cultural hub of the Rio Grande Valley, known for its robust retail economy, excellent healthcare facilities, and affordable housing. As one of the fastest-growing metro areas in the U.S., McAllen combines small-city charm with big-city amenities. The city sits along the U.S.-Mexico border across from Reynosa, fueling a dynamic cross-border economy.
McAllen's real estate market offers exceptional value, with home prices approximately 45% below the national average. The market has shown healthy appreciation, with median sale prices rising around 10% year over year. New construction is booming on the north side of the city, with master-planned communities attracting young families and retirees alike. The rental market remains strong thanks to steady population growth and demand from medical professionals at the area's expanding healthcare campuses.
By the Numbers
McAllen at a Glance
~148,000
Population
$268,000
Median Home Price
Neighborhoods
Explore McAllen
North McAllen
The city's premier growth corridor featuring newer master-planned communities, upscale shopping centers, and modern medical facilities. Popular with families and professionals.
Doffing
The most popular neighborhood in McAllen with a wide selection of homes, low crime rates, and a strong sense of community. Great for families seeking safety and affordability.
La Floresta
A desirable neighborhood offering a mix of luxury and affordability with spacious 4-bedroom homes, mature landscaping, and convenient access to shopping and dining.
Sharyland Plantation
A master-planned community straddling McAllen and Mission, known for top-rated schools, resort-style amenities, and a variety of home styles from starter homes to estates.
Why Choose
Why Live in McAllen?
- Home prices 45% below the national average make McAllen one of the most affordable cities in Texas
- World-class healthcare with major hospital systems including South Texas Health System and DHR Health
- Thriving retail and dining scene, including La Plaza Mall and the vibrant downtown entertainment district
- Warm subtropical climate with over 230 sunny days per year
- Strong job growth in healthcare, international trade, and logistics sectors
- Easy access to Mexican culture, cuisine, and affordable cross-border shopping in Reynosa
FAQ
Frequently Asked Questions
Why is McAllen so affordable compared to other Texas cities?
McAllen's affordability is driven by lower land costs, a lower cost of living overall, and its border location. Despite the low prices, McAllen offers excellent amenities including major shopping, healthcare, and dining options that rival much larger cities.
What industries drive McAllen's economy?
McAllen's economy is powered by healthcare, international trade, retail, and agriculture. The city is a major medical hub for the Rio Grande Valley, and its proximity to the Mexican border drives significant cross-border commerce and logistics activity.
Is McAllen a good place to retire?
McAllen is a popular retirement destination thanks to its warm climate, low cost of living, excellent healthcare facilities, and affordable housing. Many Winter Texans from northern states spend the cooler months here, and a growing number are making it their permanent home.
How is the school system in McAllen?
McAllen is served by McAllen ISD and Sharyland ISD, both of which offer well-regarded schools. The Sharyland ISD schools in particular are highly rated and a major draw for families moving to the area.
Ready to Explore McAllen?
Whether you're buying, selling, or investing in McAllen — Melissa Weiner brings the expertise and local knowledge to help you succeed.
