RGV Housing Market Report: McAllen Sales Rise as Brownsville Inventory Tightens

August brought two very different housing markets to the Rio Grande Valley. McAllen-Edinburg-Mission recorded higher sales despite elevated inventory, while Brownsville-Harlingen saw sales fall as available housing supply continued to tighten.

The August RGV housing market shows two very different trends across the Rio Grande Valley. Home sales increased in McAllen-Edinburg-Mission while available housing inventory continued to tighten in Brownsville-Harlingen.

McAllen-Edinburg-Mission recorded 353 residential sales in August, a 6.33% increase from a year earlier. At the same time, active listings increased 8.13% to 3,191 and homes took longer to sell.

Brownsville-Harlingen moved in almost the opposite direction. August sales fell 17.39% from a year earlier, but active listings declined 6.14% and months of inventory dropped from 7.7 to 6.7.

This analysis uses the August housing reports published by the Texas Real Estate Research Center at Texas A&M University. The reports show why looking at the Rio Grande Valley as a single housing market can hide important differences between the Upper and Lower Valley.

McAllen Sales Rise as the RGV Housing Market Shifts

McAllen-Edinburg-Mission recorded 353 residential sales in August, up from 332 during August 2025. Year-to-date sales reached 2,950, an increase of 7.98%.

The increase in sales is significant because it is happening in a market where buyers still have considerably more housing inventory to choose from.

Active listings reached 3,191, up 8.13% from 2,951 a year earlier. Overall months of inventory edged from 8.8 to 8.9 months.

Homes are also taking longer to move through the market. Days to sell, which includes time on the market plus time to close, increased from 103 days last August to 114 days this August.

More McAllen Sales Have Not Produced Higher Prices

Higher sales have not translated into broad price growth across the McAllen-Edinburg-Mission market.

The median closing price remained unchanged from a year ago at $245,000. The average sales price fell 5.59% from $272,542 to $257,311.

Price-per-square-foot measures also declined. Average price per square foot fell 2.48% to $146.48, while median price per square foot declined 1.78% to $150.35.

That combination is one of the most important signals in the August RGV housing market. Buyers are purchasing more homes than they did a year ago, but the additional activity has not produced broad upward pressure on prices.

For sellers, that makes pricing and positioning especially important. Buyers have choices, and the data suggests that simply having more transactions in the market does not mean every property will benefit equally.

Brownsville Inventory Continues to Tighten

Brownsville-Harlingen tells a different story.

The market recorded 209 residential sales during August, down 17.39% from 253 a year earlier. Dollar volume fell 16.21% to approximately $68.5 million.

But the decline in sales did not produce more available inventory.

Active listings fell from 1,677 to 1,574, a 6.14% decline. New listings were also down 7.42%, while months of inventory fell from 7.7 to 6.7.

That distinction matters. Brownsville-Harlingen’s tightening inventory was not caused by a surge in August sales. Instead, the available supply of homes contracted even as fewer transactions closed.

The median closing price slipped 1% from $275,000 to $272,250. Median price per square foot, however, increased 2.32% to $171.19.

Year-to-date numbers provide additional context. Despite August’s decline, Brownsville-Harlingen had recorded 1,879 sales through August, 3.53% more than during the same period in 2025.

August RGV Housing Market Changes Dramatically by Price

Regional averages only tell part of the story. Breaking August inventory into price ranges reveals substantially different conditions depending on what a buyer or seller is shopping for.

In McAllen-Edinburg-Mission, the $200,000 to $250,000 range had 7.9 months of inventory. The $250,000 to $300,000 range also had 7.9 months of supply.

Conditions become substantially different higher up the price ladder. McAllen had 11.9 months of inventory between $400,000 and $500,000 and 18.1 months between $500,000 and $750,000. Inventory reached 19.4 months between $750,000 and $1 million and 50.1 months above $1 million.

Brownsville-Harlingen showed its tightest meaningful supply around the middle of the market. Homes between $200,000 and $250,000 had 4.6 months of inventory, while the $150,000 to $200,000 range had 5.1 months.

The higher end was much different. Brownsville-Harlingen had 10.2 months of inventory between $500,000 and $750,000, 27.4 months between $750,000 and $1 million and 21.7 months above $1 million.

For buyers and sellers, those differences are important. A $225,000 home and a $600,000 home may be located in the same metropolitan area, but they are competing in very different segments of the housing market.

Where August RGV Housing Market Sales Are Happening

The sales data also shows where buyers were most active during August, with most transactions concentrated below $400,000.

In McAllen-Edinburg-Mission, 87 homes sold between $200,000 and $250,000 and another 86 sold between $250,000 and $300,000. Those two price ranges alone accounted for 173 transactions, nearly half of the market’s 353 August sales.

McAllen also recorded more August sales than Brownsville-Harlingen across each displayed price range from $100,000 through $400,000. That pattern reversed above $400,000.

Brownsville-Harlingen recorded 23 sales between $400,000 and $500,000 compared with 15 in McAllen-Edinburg-Mission. Between $500,000 and $750,000, Brownsville-Harlingen recorded 21 sales compared with nine in McAllen.

Those figures should not be interpreted as evidence that one market is universally stronger than the other. They show how differently transaction activity is distributed across price ranges within the two markets.

Single-Family Homes Show More Nuance

Looking specifically at single-family homes adds another layer to the August RGV housing market.

McAllen-Edinburg-Mission recorded 335 single-family sales, up 6.01% from a year earlier. The median price increased 0.60% to $249,450.

Despite the broader market’s 8.9 months of inventory, single-family inventory declined from 8.6 to 8.4 months. Active single-family listings were still 5.02% higher than a year earlier, while days to sell increased from 102 to 109.

Brownsville-Harlingen recorded 177 single-family sales, down 17.29%. Its single-family median price was essentially unchanged at $269,999, while inventory declined from 6.5 to 5.7 months.

Brownsville-Harlingen single-family homes took 118 days to sell, up from 111 a year earlier. That is another reminder that declining inventory does not automatically mean every home is selling faster.

McAllen and Brownsville Are Seeing Different Job Trends

The August reports also show different employment trends on either side of the Rio Grande Valley.

McAllen-Edinburg-Mission employment increased from 305,200 to 308,100 jobs from a year earlier, a gain of 2,900. The unemployment rate declined from 6.85% to 6.34%.

Brownsville-Harlingen employment moved the other way, declining from 160,600 to 159,500 jobs, a decrease of 1,100. Its unemployment rate nevertheless improved from 7.48% to 6.47%.

One month of employment data does not establish a long-term trend, but the difference provides additional economic context for two housing markets that are already behaving differently.

What the August RGV Housing Market Means for Sellers

For sellers, the August numbers reinforce the importance of looking beyond a single regional statistic.

McAllen-Edinburg-Mission is producing more sales, but sellers are competing against more than 3,000 active listings and homes are taking longer to sell. Accurate pricing, presentation and marketing therefore remain important.

Brownsville-Harlingen has less available inventory than it did a year ago, but August sales also declined sharply. Lower inventory alone does not guarantee a quick sale.

In both markets, the price-cohort data shows why sellers should evaluate competition at the price and neighborhood level rather than relying only on a Valley-wide or metro-wide number.

The longer-term picture matters as well. Home values across the region have changed substantially over the past decade, a trend I examined in my analysis of 10 years of Rio Grande Valley home appreciation.

What the RGV Housing Market Means for Buyers

Buyers also face different conditions depending on where and what they are buying.

McAllen’s elevated inventory means buyers generally have more properties competing for their attention, particularly as prices move higher. But the most active price ranges continue to produce substantial transaction volume.

Brownsville-Harlingen has less overall supply, with some mid-market price ranges considerably tighter than the regional average. Buyers searching those segments may encounter different conditions than buyers shopping at higher price points.

What the August RGV Housing Market Tells Us

The August RGV housing market strengthens a trend I identified in my July RGV housing market analysis comparing McAllen and Brownsville.

McAllen-Edinburg-Mission continues to carry considerably more housing inventory, but August also brought stronger sales. Brownsville-Harlingen continues to have tighter inventory, but August brought a substantial decline in transactions.

That is why neither market can be summarized simply as strong or weak.

The more useful questions are where a property is located, what price range it competes in, how much comparable inventory buyers have to choose from and how quickly similar homes are actually selling.

Those are the numbers I will continue tracking as the Rio Grande Valley housing market moves into the final months of 2026.

Data in this analysis comes from the August 2026 Housing Reports for McAllen-Edinburg-Mission and Brownsville-Harlingen published by the Texas Real Estate Research Center at Texas A&M University. Market conditions can vary by city, neighborhood, property type and price range.

Rudy Mireles
Rudy Mireles

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