The story of this market
The typical home in ZIP 78540 sells for about $260,000, or $162 per square foot.
Prices are down 3.5% from a year ago, which gives buyers more room to negotiate. Homes take about 75 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,100 a month.
ZIP 78540 — Edinburg
The housing market in ZIP 78540 is currently experiencing a period of price stabilization following years of rapid growth. While inventory remains moderate, the market pace has slowed, reflecting broader economic adjustments in the Rio Grande Valley.
This area is well-suited for families, university-affiliated professionals, and first-time homebuyers seeking affordability relative to larger Texas metros.
Median prices moved down 3.5% year over year.
Homes spend a median of 75 days on market with 5.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.5% · poverty 18.0% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 78540, Hidalgo County TX
Crime rates in Edinburg are generally consistent with regional trends in the Rio Grande Valley, with property crime being the most frequently reported category.
The area is primarily served by the Edinburg Consolidated Independent School District, which maintains a mix of ratings across its elementary, middle, and high school campuses.
The region is susceptible to extreme heat and occasional heavy rainfall events; property insurance premiums are influenced by windstorm and flood risk profiles common to South Texas.
Economic momentum is driven by the expansion of the University of Texas Rio Grande Valley and the healthcare sector, alongside steady residential development in the northern and eastern corridors.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Residents primarily rely on personal vehicles for commuting via I-69C and US-281, with most employment centers located within the broader McAllen-Edinburg-Mission metropolitan area.
The area features several municipal parks, local sports complexes, and proximity to the Edinburg Scenic Wetlands and World Birding Center, with retail concentrated along major highway corridors.
The rental market is characterized by steady demand driven by the university student population and healthcare workers, with moderate vacancy pressure.
The economy is anchored by the public sector, higher education (UTRGV), and healthcare services, with a growing retail and logistics presence.
The area is served by a network of state highways and is primarily auto-dependent, with limited public transit options outside of local bus services.
Ongoing development focuses on mixed-use projects near the university and residential expansion in the northern city limits.
The Hidalgo County Appraisal District conducts annual property valuations based on market data and state-mandated appraisal standards.
Parcels are subject to taxes from the Edinburg CISD, Hidalgo County, and the South Texas College District.
Property insurance premiums are rising due to regional windstorm exposure and broader Texas market trends.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Dave & Buster's McAllen4.38.2 mi
- Helium Trampoline Park4.43.8 mi
- Sky Park Kids4.29.2 mi
- Aqua Planet Waterpark3.310.6 mi
- Pharr Aquatic Center4.28 mi
- Bert Ogden Arena4.53.3 mi
- Payne Arena4.412.7 mi
- McAllen Convention Center4.78.2 mi
- Golden Corral Buffet & Grill4.17.6 mi
- Topgolf Pharr4.57.2 mi
- Basilica Of Our Lady of San Juan del Valle - National Shrine4.97.2 mi
- Cinemark Pharr Town Center XD and ScreenX4.56.5 mi
- AMC Edinburg 184.22.6 mi
- Edinburg Municipal Park4.73.4 mi
- Main Event Pharr4.46.8 mi
- Reynosa Cultural Park4.318 mi
- La Sal Del Rey4.518.3 mi
- Gelman Stained Glass Museum4.77.4 mi
- International Museum of Art & Science4.44.9 mi
- Kreative Grounds Café4.96.8 mi
- Edinburg Municipal Park4.73.4 mi
- Tres Lagos Park4.74.9 mi
- Firemen's Park4.67 mi
- Lions Park4.59.8 mi
- McAllen Sports Park4.45.3 mi
- Topgolf Pharr4.57.2 mi
- Los Lagos Golf Course & Putter's Grill4.53.6 mi
- Champion Lakes Golf Course4.49.3 mi
- Monte Cristo Golf & Country Club4.24.7 mi
- Tierra Del Sol Golf Course3.89.3 mi
- La Plaza4.68.4 mi
- Pulga de Álamo4.57.9 mi
- Ross Dress for Less4.47.9 mi
- Sprouts Farmers Market4.63.6 mi
- Burlington4.28.1 mi
- McAllen International Airport4.49 mi
- Aeropuerto Internacional de Reynosa4.220 mi
- Airport MFE4.68.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major site for birding and outdoor education.
A large multi-purpose venue hosting concerts and sports.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.