The story of this market
The typical home in ZIP 78570 sells for about $209,900, or $156 per square foot.
Homes take about 74 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,350 a month.
ZIP 78570
The housing market in 78570 remains stable with a median listing price of $209,900, reflecting the broader affordability of the Mercedes area. Market conditions are balanced, though turnover has slowed compared to previous periods, consistent with regional trends in the McAllen metropolitan area.
This ZIP is well-suited for budget-conscious family buyers and local workers seeking affordable housing options within the broader McAllen metropolitan area.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 74 days on market with 9.1 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 8.4% · poverty 28.5% — a mixed stability profile.
ZCTA 78570, Hidalgo County TX
The area experiences a dry climate with approximately 22 inches of precipitation annually and is subject to regional climate risks typical of the Rio Grande Valley.
The area is part of the McAllen metropolitan market, which shows strong job growth momentum and a building cycle currently dominated by single-family construction.
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 within the Rio Grande Valley, with access to regional highway corridors connecting to the McAllen employment core.
The area provides access to local parks and community facilities within the Mercedes and surrounding Hidalgo County region, with proximity to regional shopping and dining hubs.
The rental market is characterized by affordable options with a median rent of $1,350, though supply pressure remains a factor in the broader metropolitan area.
The local economy is driven by the broader McAllen-Edinburg-Mission metropolitan area, which features a mix of retail, logistics, and cross-border trade industries.
Transportation is primarily highway-based, serving the regional connectivity needs of the Rio Grande Valley.
Development activity is currently focused on single-family residential construction as part of the regional growth cycle.
The Hidalgo County Appraisal District manages property assessments for the area.
Parcels are subject to various special districts including school, municipal, and utility districts common to Hidalgo County.
Property insurance posture is influenced by regional climate risk factors typical of South Texas.
Data retrieved from US Census Bureau ACS 5-year estimates for ZCTA 78570.
- Urban Air Trampoline and Adventure Park4.310.8 mi
- Pharr Aquatic Center4.217.6 mi
- Aqua Planet Waterpark3.319.8 mi
- Xtreme Jump San Benito4.316.4 mi
- Chuck E. Cheese4.45.6 mi
- Bert Ogden Arena4.517.6 mi
- Golden Corral Buffet & Grill4.119.5 mi
- Topgolf Pharr4.519.2 mi
- Stefano's Brooklyn Pizza4.49.4 mi
- Rio Grande Valley Livestock Show Grounds4.41.6 mi
- Wes-Mer Drive-In Theatre4.73.7 mi
- Cinemark Harlingen 16 and XD4.511.2 mi
- Estero Llano Grande State Park4.85.4 mi
- Cinemark Weslaco Movies 104.67.3 mi
- Urban Air Trampoline and Adventure Park4.310.8 mi
- Gelman Stained Glass Museum4.716.1 mi
- Museum of South Texas History4.818.7 mi
- Harlingen Arts and Heritage Museum4.714.3 mi
- Frontera Audubon Society4.66.3 mi
- Casa De La Cultura4.618.4 mi
- Estero Llano Grande State Park4.85.4 mi
- Mayor Pablo Peña Park4.45.1 mi
- Victoria Palms Resort - Donna, TX4.38.3 mi
- Victor Park4.411.4 mi
- Encore Sunshine4.311.6 mi
- Tierra Santa Golf Course4.48.2 mi
- Tony Butler Golf Course4.111.6 mi
- Harlingen Country Club4.48.7 mi
- Rio Grande Valley Premium Outlets4.61.2 mi
- Ross Dress for Less4.37.2 mi
- Ross Dress for Less4.59.2 mi
- Ross Dress for Less4.310.8 mi
- Burlington3.79.2 mi
- Valley International Airport4.514.7 mi
- McAllen International Airport4.421.4 mi
- Aeropuerto Internacional de Reynosa4.223.7 mi
- Airport MFE4.621.4 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 regional shopping destination located in the vicinity.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).