Cities with the fastest growing home prices in McAllen metro area

Written by:
January 19, 2023
Volodymyr Kyrylyuk // Shutterstock

Cities with the fastest growing home prices in McAllen metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in McAllen-Edinburg-Mission, TX metro area using data from Zillow. Cities are ranked by 1-year price change as of December 2022. The typical home value in the United States increased over the last year by +8.4%% to $356,819. Data was available for 35 cities and towns in McAllen.

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#30. Llano Grande, TX

- 1-year price change: +$13,538 (+12.7%)
- 5-year price change: +$45,866 (+61.9%)
- Typical home value: $119,910 (#28 most expensive city in metro)
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#29. La Villa, TX

- 1-year price change: +$13,992 (+14.3%)
- 5-year price change: +$42,514 (+61.2%)
- Typical home value: $111,963 (#31 most expensive city in metro)
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#28. La Joya, TX

- 1-year price change: +$14,750 (+11.1%)
- 5-year price change: +$62,761 (+74.4%)
- Typical home value: $147,072 (#21 most expensive city in metro)
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#27. Elsa, TX

- 1-year price change: +$14,960 (+13.4%)
- 5-year price change: +$55,760 (+78.4%)
- Typical home value: $126,923 (#26 most expensive city in metro)
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#26. Edcouch, TX

- 1-year price change: +$15,417 (+13.3%)
- 5-year price change: +$55,842 (+73.6%)
- Typical home value: $131,761 (#25 most expensive city in metro)

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#25. Mercedes, TX

- 1-year price change: +$15,705 (+14.4%)
- 5-year price change: +$50,863 (+69.1%)
- Typical home value: $124,465 (#27 most expensive city in metro)
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#24. Progreso, TX

- 1-year price change: +$16,268 (+18.7%)
- 5-year price change: +$43,323 (+72.2%)
- Typical home value: $103,340 (#33 most expensive city in metro)
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#23. Olivarez, TX

- 1-year price change: +$17,410 (+12.7%)
- 5-year price change: +$63,733 (+70.1%)
- Typical home value: $154,669 (#18 most expensive city in metro)
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#22. Penitas, TX

- 1-year price change: +$17,620 (+13.3%)
- 5-year price change: +$68,854 (+85.1%)
- Typical home value: $149,717 (#20 most expensive city in metro)
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#21. Pharr, TX

- 1-year price change: +$20,794 (+15.0%)
- 5-year price change: +$62,570 (+64.6%)
- Typical home value: $159,417 (#15 most expensive city in metro)

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#20. La Blanca, TX

- 1-year price change: +$21,102 (+18.3%)
- 5-year price change: +$62,447 (+84.2%)
- Typical home value: $136,590 (#22 most expensive city in metro)
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#19. Weslaco, TX

- 1-year price change: +$21,218 (+14.6%)
- 5-year price change: +$67,301 (+67.5%)
- Typical home value: $166,963 (#11 most expensive city in metro)
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#18. Alamo, TX

- 1-year price change: +$21,352 (+15.7%)
- 5-year price change: +$65,104 (+70.8%)
- Typical home value: $157,046 (#16 most expensive city in metro)
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#17. Alton North, TX

- 1-year price change: +$21,980 (+16.3%)
- 5-year price change: +$63,879 (+68.6%)
- Typical home value: $156,995 (#17 most expensive city in metro)
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#16. Donna, TX

- 1-year price change: +$22,453 (+19.8%)
- 5-year price change: +$60,314 (+79.7%)
- Typical home value: $135,946 (#23 most expensive city in metro)

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#15. Hidalgo, TX

- 1-year price change: +$23,035 (+15.1%)
- 5-year price change: +$64,560 (+58.0%)
- Typical home value: $175,866 (#7 most expensive city in metro)
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#14. Palmview, TX

- 1-year price change: +$23,371 (+16.4%)
- 5-year price change: +$68,667 (+70.4%)
- Typical home value: $166,204 (#12 most expensive city in metro)
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#13. Alton, TX

- 1-year price change: +$24,444 (+16.5%)
- 5-year price change: +$68,013 (+65.3%)
- Typical home value: $172,226 (#10 most expensive city in metro)
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#12. Abram-Perezville, TX

- 1-year price change: +$24,867 (+18.3%)
- 5-year price change: +$67,518 (+72.5%)
- Typical home value: $160,630 (#14 most expensive city in metro)
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#11. Doffing, TX

- 1-year price change: +$25,438 (+20.1%)
- 5-year price change: +$75,027 (+97.4%)
- Typical home value: $152,051 (#19 most expensive city in metro)

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#10. San Juan, TX

- 1-year price change: +$25,534 (+17.4%)
- 5-year price change: +$71,595 (+70.8%)
- Typical home value: $172,665 (#8 most expensive city in metro)
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#9. West Sharyland, TX

- 1-year price change: +$27,274 (+18.8%)
- 5-year price change: +$71,558 (+71.0%)
- Typical home value: $172,372 (#9 most expensive city in metro)
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#8. La Homa, TX

- 1-year price change: +$27,859 (+20.6%)
- 5-year price change: +$76,733 (+89.0%)
- Typical home value: $162,925 (#13 most expensive city in metro)
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#7. Mission, TX

- 1-year price change: +$27,892 (+15.7%)
- 5-year price change: +$74,217 (+56.4%)
- Typical home value: $205,834 (#5 most expensive city in metro)
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#6. McAllen, TX

- 1-year price change: +$28,380 (+14.9%)
- 5-year price change: +$78,839 (+56.5%)
- Typical home value: $218,461 (#4 most expensive city in metro)

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#5. Edinburg, TX

- 1-year price change: +$28,916 (+16.9%)
- 5-year price change: +$77,533 (+63.5%)
- Typical home value: $199,564 (#6 most expensive city in metro)
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#4. Citrus City, TX

- 1-year price change: +$31,015 (+30.0%)
- 5-year price change: +$70,916 (+111.9%)
- Typical home value: $134,284 (#24 most expensive city in metro)
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#3. Linn, TX

- 1-year price change: +$34,514 (+17.1%)
- 5-year price change: +$108,565 (+84.6%)
- Typical home value: $236,871 (#3 most expensive city in metro)
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#2. Palmhurst, TX

- 1-year price change: +$37,468 (+16.4%)
- 5-year price change: +$99,616 (+59.9%)
- Typical home value: $265,977 (#2 most expensive city in metro)
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#1. Progreso Lakes, TX

- 1-year price change: +$39,621 (+14.5%)
- 5-year price change: +$102,756 (+48.8%)
- Typical home value: $313,467 (#1 most expensive city in metro)

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