78504 — Hidalgo County, Texas Market Snapshot
Housing market data for zip code 78504 in Hidalgo County, Texas. Updated monthly with median prices, days on market, and more.
Market Sales Data
123 sales in 2026 (year to date)
Median Sale Price
$299,000
Days to Sell
110
Homes Sold
123
Inventory
264
Sale-to-List
97.4%
New Listings
223
Price/SqFt
$155
Pending Sales
143
Conforming Loan Available
Most homebuyers in 78504 can comfortably use conventional financing. The median home price of $299,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 110 days on average, 78504 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
The average home in 78504 sells for 2.6% below asking price (97.4% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 78504 can comfortably use conventional financing. The median home price of $299,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 78504 are set at the county level.
2026 Loan Limits — Hidalgo County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 78504
To purchase the median home at $299,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,441.
Monthly Payment
$2,441
Income Required
$104,607
Principal & Interest
$1,842/mo
Down Payment (5%)
$14,950
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 78504.
Estimated Monthly Payment
$2,000
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