The story of this market
The typical home in ZIP 78573 sells for about $199,000, or $142 per square foot.
Prices are down 3% from a year ago, which gives buyers more room to negotiate. Homes take about 78 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,350 a month.
ZIP 78573 — Mission
The 78573 housing market in Mission, Texas, is currently experiencing a cooling trend with a slight year-over-year decline in median sale prices. Market activity remains steady, supported by its strategic location and connectivity to the broader McAllen employment corridor.
This ZIP is well-suited for family buyers and commuters who value suburban living with convenient highway access to the larger employment centers of the Rio Grande Valley.
Median prices moved down 3.0% year over year.
Homes spend a median of 78 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
ZCTA 78573, Hidalgo County, Texas
The local economy is supported by a diverse range of businesses that cater to suburban needs, with strategic connectivity to major highways facilitating employment access in McAllen, Edinburg, and Pharr.
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 benefit from quick access to major highways, allowing for efficient daily commutes to employment hubs in McAllen, Edinburg, and Pharr.
The area offers a mix of suburban comfort with proximity to regional shopping, dining, and recreational options within the broader Mission and McAllen metropolitan area.
The rental market is characterized by balanced conditions for both renters and landlords, with median rents reflecting the broader McAllen metropolitan trends.
The economy is bolstered by a variety of businesses catering to local needs, with significant integration into the broader McAllen-Edinburg-Mission metropolitan labor market.
The area is served by major highway corridors that provide essential connectivity for regional commuting and logistics within the Rio Grande Valley.
Data sourced from Census Bureau and incomebyzipcode.com; specific ACS table breakdowns not available for this ZCTA.
- Dave & Buster's McAllen4.38.3 mi
- Helium Trampoline Park4.46.2 mi
- Sky Park Kids4.28.1 mi
- Aqua Planet Waterpark3.312.3 mi
- Pharr Aquatic Center4.211.4 mi
- Bert Ogden Arena4.59 mi
- Payne Arena4.413.2 mi
- McAllen Convention Center4.77.9 mi
- Golden Corral Buffet & Grill4.19.8 mi
- Topgolf Pharr4.59.8 mi
- Basilica Of Our Lady of San Juan del Valle - National Shrine4.911.6 mi
- Cinemark Pharr Town Center XD and ScreenX4.59.3 mi
- AMC Edinburg 184.29.1 mi
- Edinburg Municipal Park4.710.3 mi
- Main Event Pharr4.49.5 mi
- Reynosa Cultural Park4.318 mi
- Gelman Stained Glass Museum4.711.9 mi
- International Museum of Art & Science4.46.1 mi
- Kreative Grounds Café4.98.1 mi
- Museum of South Texas History4.88.4 mi
- Edinburg Municipal Park4.710.3 mi
- Tres Lagos Park4.73.6 mi
- Bentsen-Rio Grande Valley State Park4.69.9 mi
- Firemen's Park4.68.8 mi
- Lions Park4.56.2 mi
- Topgolf Pharr4.59.8 mi
- Los Lagos Golf Course & Putter's Grill4.510.4 mi
- Champion Lakes Golf Course4.48.9 mi
- Monte Cristo Golf & Country Club4.211.2 mi
- Tierra Del Sol Golf Course3.812.3 mi
- La Plaza4.69.3 mi
- Pulga de Álamo4.512.9 mi
- Sprouts Farmers Market4.66 mi
- Ross Dress for Less4.410 mi
- Burlington4.29.9 mi
- McAllen International Airport4.49.8 mi
- Aeropuerto Internacional de Reynosa4.221 mi
- Airport MFE4.69.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.