78557 — Hidalgo County, Texas Market Snapshot
Housing market data for zip code 78557 in Hidalgo County, Texas. Updated monthly with median prices, days on market, and more.
Market Sales Data
32 sales in 2026 (year to date)
Median Sale Price
$252,000
Days to Sell
87
Homes Sold
32
Inventory
45
Sale-to-List
99.4%
New Listings
40
Price/SqFt
$156
Pending Sales
30
Conforming Loan Available
Most homebuyers in 78557 can comfortably use conventional financing. The median home price of $252,000 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 87 days on average, 78557 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
Homes are selling very close to asking price in 78557 (99.4% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 78557 can comfortably use conventional financing. The median home price of $252,000 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 78557 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 78557
To purchase the median home at $252,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,081.
Monthly Payment
$2,081
Income Required
$89,175
Principal & Interest
$1,553/mo
Down Payment (5%)
$12,600
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 78557.
Estimated Monthly Payment
$1,710
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