Market Trends for Hidalgo CAD appraisal district Residential Property

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January 2023 Housing Market Insights in Hidalgo County

Hidalgo County’s housing market displayed dynamic shifts in January 2023, reflecting contrasting trends in pricing, listings, and sales. Key highlights include:

  • Median home price rose by 3.8% from January 2022, reaching $207,500.
  • Active listings surged by 93.2%, totalling 1,486 properties.
  • The majority of homes are priced between $100,000 and $299,999, representing 76.4% of the market.

Housing Market Trends in Edinburg

The housing market in Edinburg experienced significant shifts in January 2023, highlighting price growth, increased listings, and shifting sales dynamics.

  • Median home price rose by 15.7% from January 2022, reaching $232,000.
  • Active listings surged by 159.5%, with a total of 192 properties.
  • Homes priced between $200,000 – $299,999 dominated the market, making up 55.2%.

Housing Market Insights in McAllen

  • Median home price decreased by 4.3% from January 2022, settling at $225,000.
  • Active listings rose by 69.2%, reaching a total of 247 properties.
  • Most homes fall within the $200,000 – $299,999 price range, making up 35.9% of the market.

McAllen’s housing market in January 2023 displayed a mix of declining prices and increased market activity, reflecting shifting buyer and seller trends.

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