MCALLEN - EDINBURG - MISSION Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Mcallen - Edinburg - Mission averaged 7.2% for the week of 2024-04-11, compared to the national average of 6.88% for the same period.

The average rate for the prior week (2024-04-04) was 7.14% and one month ago for the week of 2024-03-07, the average rate was 6.8%.

Mcallen - Edinburg - Mission's average rate one year ago was 6.6%.

For refis of the same type during the week of 2024-04-11, the average rate was 7.16%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-04-11 6.88%
Mcallen - Edinburg - Mission 30 Year Fixed Rate 2024-04-11 7.2%
Mcallen - Edinburg - Mission 30 Year Fixed Rate Refi 2024-04-11 7.16%
Mcallen - Edinburg - Mission 15 Year Fixed Rate 2024-04-11 6.26%
Mcallen - Edinburg - Mission 15 Year Fixed Rate Refi 2024-04-11 6.76%
Mcallen - Edinburg - Mission 30 Year FHA 2024-04-11 6.48%
Mcallen - Edinburg - Mission 30 Year FHA Refi 2024-04-11 6.33%
Mcallen - Edinburg - Mission 30 Year USDA 2024-04-11 6.81%
Mcallen - Edinburg - Mission 30 Year USDA Refi 2024-04-11 6.81%
Mcallen - Edinburg - Mission 30 Year VA 2024-04-11 6.61%
Mcallen - Edinburg - Mission 30 Year VA Refi 2024-04-11 6.77%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within MCALLEN-EDINBURG-MISSION, TX.

MCALLEN - EDINBURG - MISSION Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the MCALLEN-EDINBURG-MISSION, TX market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
QUICKEN LOANS, LLC 243 7.01% $7,217
UNITED WHOLESALE MORTGAGE, LLC 121 6.67% $9,268
NAVY ARMY COMMUNITY CREDIT UNION 118 7.15% $4,300
WILLOW BEND MORTGAGE COMPANY, LLC 114 6.68% $13,078
JPMorgan Chase Bank 97 6.71% $7,455
SECURITY SERVICE 73 6.49% $4,097
ASCENT HOME LENDING, LLC 66 6.64% $9,849
AMCAP MORTGAGE, LTD. 66 6.86% $9,660
CROSSCOUNTRY MORTGAGE, LLC 65 7.04% $10,365
CMG MORTGAGE, INC. 63 7.15% $8,010
DIRECTIONS EQUITY, LLC 50 6.60% $7,738
Flagstar Bank, FSB 46 6.89% $9,235
MOVEMENT MORTGAGE, LLC 40 6.74% $9,755
Lone Star National Bank 37 7.03% $7,398
HOMESIDE FINANCIAL, LLC 33 6.78% $8,600
International Bank of Commerce 32 6.47% $4,750
ACADEMY MORTGAGE CORPORATION 29 6.63% $9,117
Nations Lending Corporation 29 6.86% $8,045
EUSTIS AND AMERICAN MORTGAGE COMPANY 28 7.09% $9,838
Wells Fargo Bank 23 6.68% $3,882
NATIONS RELIABLE LENDING, LLC 21 6.71% $11,274
Mr. Cooper ( Nationstar Mortgage ) 20 6.82% $8,500
LOANDEPOT.COM, LLC 20 6.96% $6,727
Bank of America 19 6.32% $5,774
SUN WEST MORTGAGE COMPANY, INC. 18 7.60% $8,293
Paramount Residential Mortgage Group, Inc. 18 7.10% $10,399
U.S. Bank 15 6.35% $6,297
THRIVE MORTGAGE, LLC 15 6.52% $8,707
PENNYMAC LOAN SERVICES, LLC 14 6.54% $7,893
Town Square Mortgage & Investments, Inc. 14 7.28% $6,343
SECURITY FIRST Federal Credit Union 13 4.93% $4,050
NEWREZ LLC 13 6.85% $7,663
PRIMARY RESIDENTIAL MORTGAGE, INC. 12 6.84% $8,632
Texas Regional Bank 11 6.70% $8,989
Gateway First Bank 11 6.88% $7,857
BROKER SOLUTIONS, INC. 9 7.01% $6,665
S1L, Inc. 9 6.89% $7,013
DAS Acquisition Company, LLC 8 7.11% $6,720
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 8 6.71% $9,377
NexBank 8 6.44% $13,039
PROVIDENT FUNDING ASSOCIATES, L.P. 8 6.16% $11,572
LEADERONE FINANCIAL CORPORATION 7 7.02% $10,229
AMERICAN PACIFIC MORTGAGE CORPORATION 7 7.25% $9,156
INTERLINC MORTGAGE SERVICES, LLC 6 7.67% $11,736
A&D Mortgage LLC 6 8.85% $18,657
Discover Bank 6 7.15% $0
BETTER MORTGAGE CORPORATION 6 6.71% $3,832
PLAZA HOME MORTGAGE, INC. 6 6.42% $10,471
PNC Bank 6 6.90% $4,938
UNION HOME MORTGAGE CORP. 6 7.52% $7,514
DRAPER AND KRAMER MORTGAGE CORP. 6 6.69% $8,856
LAND HOME FINANCIAL SERVICES, INC. 6 7.52% $9,695
LOANPAL, LLC 6 7.19% $7,649
Citizens Bank 5 7.08% $9,927
NAVY FEDERAL CREDIT UNION 5 5.85% $3,251
PRIMELENDING, A PLAINSCAPITAL COMPANY 5 6.83% $9,254
GUILD MORTGAGE COMPANY 5 6.78% $7,203
MICHIGAN MUTUAL, INC. 5 7.00% $9,050
FOUNDATION MORTGAGE CORPORATION 5 9.25% $11,885
FREEDOM MORTGAGE CORPORATION 5 6.70% $9,868
ARK-LA-TEX FINANCIAL SERVICES, LLC. 5 7.30% $6,029
AMERISAVE MORTGAGE CORPORATION 4 6.72% $8,186
MUTUAL OF OMAHA MORTGAGE, INC. 4 6.84% $8,195
City Bank 4 6.91% $4,504
Citadel Servicing Corporation 4 9.34% $11,493
Carrington Mortgage Services, LLC 4 6.72% $7,604
PENTAGON FEDERAL CREDIT UNION 4 6.16% $4,565
GUARANTEED RATE, INC. 4 7.14% $6,604
ZILLOW HOME LOANS, LLC 3 7.33% $5,813
AmeriHome Mortgage Company, LLC 3 7.33% $6,581
BancorpSouth 3 5.52% $11,773
CARDINAL FINANCIAL 3 6.37% $6,056
Centennial Bank 3 7.71% $5,491
First Savings Bank 3 6.92% $6,298
GARDNER FINANCIAL SERVICES, LTD. 3 6.92% $9,845
GUARANTEED RATE AFFINITY, LLC 3 7.88% $5,714
HOMEBRIDGE FINANCIAL SERVICES, INC. 3 7.83% $7,055
MORTGAGE SOLUTIONS OF COLORADO, LLC 3 7.54% $8,226
NBKC BANK 3 6.88% $5,273
NEXERA HOLDING LLC 3 9.33% $14,513
RANDOLPH-BROOKS 3 7.46% $932
ROYAL UNITED MORTGAGE LLC 3 7.29% $9,202
The Federal Savings Bank 3 6.75% $9,765
TIB The Independent Bankersbank 3 7.50% $10,570
Network Funding, L.P. 2 7.50% $7,530
OCMBC, INC. 2 7.87% $14,114
LAKEVIEW LOAN SERVICING, LLC 2 7.00% $6,509
DEEPHAVEN MORTGAGE LLC 2 8.81% $26,032
Regions Bank 2 5.69% $22,357
NATIONWIDE MORTGAGE BANKERS, INC. 2 8.31% $11,045
The Huntington National Bank 2 7.38% $19,821
The Loan Store, Inc. 2 7.25% $6,135
EVERETT FINANCIAL, INC. 2 6.43% $9,110
ANGEL OAK MORTGAGE SOLUTIONS LLC 2 7.88% $9,956
21ST MORTGAGE CORPORATION 2 7.90% $6,421
CALCON MUTUAL MORTGAGE LLC 2 8.44% $12,546
Truist 2 6.72% $5,201
Morgan Stanley Private Bank 2 6.27% $4,843
AMERICAN FINANCING CORPORATION 2 6.93% $9,115
UNIVERSITY Federal Credit Union 2 6.63% $7,004
USAA Federal Savings Bank 2 6.13% $7,754
COMMUNITY MORTGAGE FUNDING, LLC 2 7.50% $10,414
HOMEXPRESS MORTGAGE CORP. 2 8.12% $11,168
SECURITYNATIONAL MORTGAGE COMPANY 2 7.38% $10,450
BMO Harris Bank 2 6.00% $6,528
NJ LENDERS CORP. 2 6.87% $4,271
Mortgage Research Center, LLC 2 7.38% $5,504
NP, Inc. 2 8.69% $1,942
VANDERBILT MORTGAGE AND FINANCE, INC. 2 6.88% $7,370
Equity Prime Mortgage LLC 1 6.25% $8,971
CONTOUR MORTGAGE CORPORATION 1 6.25% $6,722
PILGRIM MORTGAGE LLC 1 7.38% $9,566
Plains Commerce Bank 1 7.50% $7,785
COMMUNITYAMERICA 1 6.38% $6,069
Colonial Savings, F.A. 1 6.75% $8,986
CITY FIRST MORTGAGE SERVICES, L.L.C. 1 7.49% $6,119
Prosperity Bank 1 6.38% $4,138
Citibank 1 6.38% $8,291
CHERRY CREEK MORTGAGE, LLC 1 6.38% $874
ALLIED MORTGAGE GROUP, INC. 1 6.88% $7,706
RBC Bank, (Georgia) 1 5.75% $3,885
RESIDENTIAL BANCORP 1 7.99% $3,305
ABSOLUTE HOME MORTGAGE CORPORATION 1 6.62% $7,585
SeaTrust Mortgage Company 1 5.88% $4,978
BNC National Bank 1 5.88% $5,045
Servion, Inc. 1 7.13% $4,722
SFMC, LP 1 6.62% $7,339
Stifel Bank and Trust 1 5.63% $2,289
SUMMIT FUNDING, INC. 1 6.63% $7,838
BEST FINANCE CAPITAL, INC. 1 8.63% $6,419
SWBC MORTGAGE CORPORATION 1 6.88% $8,055
T2 FINANCIAL LLC 1 7.13% $8,096
TEXAS DOW EMPLOYEES CREDIT UNION 1 7.38% $3,671
Bell Bank 1 6.50% $4,964
Wolfe Financial, Inc 1 6.88% $8,026
THE MORTGAGE LINK, INC. 1 6.25% $9,593
AMERITRUST MORTGAGE CORPORATION 1 8.00% $11,599
American Mortgage & Equity Consultants, Inc. 1 6.38% $4,505
AMERICAN FEDERAL MORTGAGE CORPORATION 1 6.13% $4,552
INTERCAP LENDING INC. 1 6.50% $11,538
HOMETRUST MORTGAGE COMPANY 1 7.38% $16,377
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 8.63% $9,154
IVY MORTGAGE, INC. 1 6.38% $3,734
HALLMARK HOME MORTGAGE, LLC 1 7.50% $8,472
Lakeview Community Capital, LLC 1 6.13% $6,873
KELLER MORTGAGE, LLC 1 7.13% $3,548
GULF COAST EDUCATORS FEDERAL CREDIT UNION 1 6.38% $5,084
GUIDANCE RESIDENTIAL, LLC 1 7.88% $6,606
GREENSTATE CREDIT UNION 1 6.38% $4,175
Goldwater Bank, N.A. 1 6.63% $4,028
Loan Simple, Inc. 1 6.50% $6,570
Frost Bank 1 5.63% $1,211
Magnolia Bank 1 7.50% $3,450
Florida Capital Bank 1 6.50% $5,877
MID AMERICA MORTGAGE, INC. 1 6.50% $2,497
US MORTGAGE CORPORATION 1 6.75% $4,698
First United Bank and Trust Company 1 7.50% $5,503
First Horizon Bank 1 5.50% $5,316
M&T Bank 1 6.75% $5,195
First Federal Bank 1 7.25% $4,535
FIRST COMMUNITY CREDIT UNION 1 6.00% $4,700
First-Citizens Bank & Trust Company 1 6.30% $6,549
First Bank 1 6.25% $9,595
Farmers Bank & Trust 1 6.95% $4,904
Farm Credit Mid-America, ACA 1 7.75% $10,147
NEW WAVE LENDING GROUP INC 1 7.63% $11,231
Watermark Capital, Inc. 1 5.63% $6,726
North American Savings Bank, F.S.B. 1 8.75% $4,648
NTFN, INC. 1 8.00% $11,324
OAKTREE FUNDING CORP. 1 9.88% $11,403

MCALLEN - EDINBURG - MISSION Average Closing Costs & Other Stats

MCALLEN-EDINBURG-MISSION, TX's 170 lenders originated 6,763 loans during 2023. The total origination value was $1,684,565,000, with an average loan value of $249,085.

MCALLEN - EDINBURG - MISSION's average closing costs are $7,447.

The top MCALLEN - EDINBURG - MISSION lender as defined by loan originations is QUICKEN LOANS, LLC, with 243 loans originated. Their average total fees are $7,217, which is $2,051 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

The lowest fee MCALLEN - EDINBURG - MISSION lenders (with over 10 loans originated) are Wells Fargo Bank ($3,882), SECURITY FIRST Federal Credit Union ($4,050), SECURITY SERVICE ($4,097), NAVY ARMY COMMUNITY CREDIT UNION ($4,300) and International Bank of Commerce ($4,750).

The lowest rate MCALLEN - EDINBURG - MISSION lenders (with over 10 loans originated) are SECURITY FIRST Federal Credit Union (4.93%), Bank of America (6.32%), U.S. Bank (6.35%), International Bank of Commerce (6.47%) and SECURITY SERVICE (6.49%).

MCALLEN-EDINBURG-MISSION, TX Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
WILLOW BEND MORTGAGE COMPANY, LLC $151,145,000 $118,910,000 -21.3% 7.1%
CROSSCOUNTRY MORTGAGE, LLC $72,845,000 $106,270,000 45.9% 6.3%
UNITED WHOLESALE MORTGAGE, LLC $59,490,000 $87,220,000 46.6% 5.2%
QUICKEN LOANS, LLC $107,890,000 $79,110,000 -26.7% 4.7%
CMG MORTGAGE, INC. $23,685,000 $63,925,000 169.9% 3.8%
AMCAP MORTGAGE, LTD. $76,415,000 $60,960,000 -20.2% 3.6%
ASCENT HOME LENDING, LLC $41,880,000 $53,595,000 28.0% 3.2%
Lone Star National Bank $52,495,000 $52,230,000 -0.5% 3.1%
NAVY ARMY COMMUNITY CREDIT UNION $84,210,000 $48,385,000 -42.5% 2.9%
SECURITY SERVICE $65,470,000 $47,245,000 -27.8% 2.8%
MOVEMENT MORTGAGE, LLC $35,850,000 $44,250,000 23.4% 2.6%
ACADEMY MORTGAGE CORPORATION $51,340,000 $38,935,000 -24.2% 2.3%
DIRECTIONS EQUITY, LLC $49,765,000 $35,365,000 -28.9% 2.1%
NATIONS RELIABLE LENDING, LLC $47,025,000 $31,200,000 -33.7% 1.9%
Mortgage Research Center, LLC $35,335,000 $29,760,000 -15.8% 1.8%
Texas National Bank $37,370,000 $27,395,000 -26.7% 1.6%
BERKELEY POINT CAPITAL LLC $27,290,000 n/a 1.6%
JPMorgan Chase Bank $19,125,000 $25,835,000 35.1% 1.5%
Nations Lending Corporation $6,780,000 $25,260,000 272.6% 1.5%
Paramount Residential Mortgage Group, Inc. $24,740,000 $24,465,000 -1.1% 1.5%
Rio Bank $11,135,000 $24,180,000 117.2% 1.4%
HOMESIDE FINANCIAL, LLC $12,735,000 $22,645,000 77.8% 1.3%
EUSTIS AND AMERICAN MORTGAGE COMPANY $26,265,000 $22,575,000 -14.0% 1.3%
First National Bank Texas $105,000 $19,070,000 18,061.9% 1.1%
International Bank of Commerce $12,240,000 $18,305,000 49.6% 1.1%
Flagstar Bank, FSB $15,810,000 $18,000,000 13.9% 1.1%
Vantage Bank Texas $14,950,000 $16,510,000 10.4% 1.0%
Texas Regional Bank $23,250,000 $15,645,000 -32.7% 0.9%
PLAZA HOME MORTGAGE, INC. $6,135,000 $14,435,000 135.3% 0.9%
Falcon International Bank $3,690,000 $13,325,000 261.1% 0.8%
21ST MORTGAGE CORPORATION $11,895,000 $12,940,000 8.8% 0.8%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $10,740,000 $12,100,000 12.7% 0.7%
PNC Bank $20,440,000 $12,075,000 -40.9% 0.7%
PENNYMAC LOAN SERVICES, LLC $19,590,000 $10,860,000 -44.6% 0.6%
AMERICAN PACIFIC MORTGAGE CORPORATION $5,070,000 $10,460,000 106.3% 0.6%
CORNERSTONE HOME LENDING, INC. $6,835,000 $10,455,000 53.0% 0.6%
FREEDOM MORTGAGE CORPORATION $15,515,000 $9,860,000 -36.4% 0.6%
Bank of America $9,220,000 $9,780,000 6.1% 0.6%
Town Square Mortgage & Investments, Inc. $9,310,000 $9,720,000 4.4% 0.6%
Arbor Realty Trust, Inc. $2,940,000 $9,255,000 214.8% 0.5%
Gateway First Bank $40,675,000 $9,200,000 -77.4% 0.5%
SUN WEST MORTGAGE COMPANY, INC. $4,065,000 $8,825,000 117.1% 0.5%
NAVY FEDERAL CREDIT UNION $10,425,000 $8,065,000 -22.6% 0.5%
THRIVE MORTGAGE, LLC $14,945,000 $8,020,000 -46.3% 0.5%
DAS Acquisition Company, LLC $7,590,000 n/a 0.5%
S1L, Inc. $34,125,000 $7,335,000 -78.5% 0.4%
Mr. Cooper ( Nationstar Mortgage ) $18,155,000 $7,255,000 -60.0% 0.4%
NEWREZ LLC $4,415,000 $7,235,000 63.9% 0.4%
U.S. Bank $6,640,000 $7,110,000 7.1% 0.4%
LOANDEPOT.COM, LLC $12,880,000 $6,450,000 -49.9% 0.4%
PRIMARY RESIDENTIAL MORTGAGE, INC. $10,010,000 $6,400,000 -36.1% 0.4%
CommunityBank of Texas, N.A. $6,270,000 n/a 0.4%
Cache Valley Bank $6,200,000 n/a 0.4%
Wells Fargo Bank $14,625,000 $6,020,000 -58.8% 0.4%
Frost Bank $3,735,000 $6,005,000 60.8% 0.4%
USAA Federal Savings Bank $6,715,000 $5,565,000 -17.1% 0.3%
IBC Brownsville $4,855,000 n/a 0.3%
DEEPHAVEN MORTGAGE LLC $4,745,000 n/a 0.3%
First Community Bank $4,675,000 n/a 0.3%
BROKER SOLUTIONS, INC. $6,740,000 $4,470,000 -33.7% 0.3%
INTERLINC MORTGAGE SERVICES, LLC $26,600,000 $4,030,000 -84.8% 0.2%
GUARANTEED RATE, INC. $6,595,000 $3,960,000 -40.0% 0.2%
Citadel Servicing Corporation $2,240,000 $3,920,000 75.0% 0.2%
CARDINAL FINANCIAL $18,410,000 $3,845,000 -79.1% 0.2%
A&D Mortgage LLC $1,260,000 $3,655,000 190.1% 0.2%
BancorpSouth $620,000 $3,620,000 483.9% 0.2%
LEADERONE FINANCIAL CORPORATION $3,795,000 $3,550,000 -6.5% 0.2%
Barings Multifamily Capital $3,395,000 n/a 0.2%
SECURITY FIRST Federal Credit Union $8,065,000 $3,385,000 -58.0% 0.2%
OCMBC, INC. $760,000 $3,180,000 318.4% 0.2%
Equity Prime Mortgage LLC $1,240,000 $3,080,000 148.4% 0.2%
PROVIDENT FUNDING ASSOCIATES, L.P. $3,035,000 n/a 0.2%
Logan Finance Corporation $685,000 $2,970,000 333.6% 0.2%
RANDOLPH-BROOKS $3,465,000 $2,890,000 -16.6% 0.2%
UNION HOME MORTGAGE CORP. $775,000 $2,825,000 264.5% 0.2%
Merchants Bank of Indiana $2,800,000 n/a 0.2%
LENDINGHOME FUNDING CORPORATION $1,140,000 $2,565,000 125.0% 0.2%
LAND HOME FINANCIAL SERVICES, INC. $3,045,000 $2,545,000 -16.4% 0.2%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $860,000 $2,485,000 189.0% 0.1%
MORTGAGE SOLUTIONS OF COLORADO, LLC $5,965,000 $2,450,000 -58.9% 0.1%
NexBank $1,425,000 $2,390,000 67.7% 0.1%
Texas Community Bank $9,455,000 $2,385,000 -74.8% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $3,620,000 $2,375,000 -34.4% 0.1%
VANDERBILT MORTGAGE AND FINANCE, INC. $3,370,000 $2,345,000 -30.4% 0.1%
PENTAGON FEDERAL CREDIT UNION $4,005,000 $2,300,000 -42.6% 0.1%
EVERETT FINANCIAL, INC. $20,645,000 $2,290,000 -88.9% 0.1%
First Savings Bank $890,000 $2,290,000 157.3% 0.1%
AMERISAVE MORTGAGE CORPORATION $6,145,000 $2,275,000 -63.0% 0.1%
BETTER MORTGAGE CORPORATION $2,660,000 $2,265,000 -14.8% 0.1%
HOMEXPRESS MORTGAGE CORP. $805,000 $2,265,000 181.4% 0.1%
DRAPER AND KRAMER MORTGAGE CORP. $2,065,000 $2,185,000 5.8% 0.1%
The Federal Savings Bank $2,160,000 n/a 0.1%
Discover Bank $740,000 $2,130,000 187.8% 0.1%
LOANPAL, LLC $5,680,000 $2,115,000 -62.8% 0.1%
SECURITYNATIONAL MORTGAGE COMPANY $3,295,000 $2,030,000 -38.4% 0.1%
Presidential Bank, FSB $1,985,000 n/a 0.1%
TRIAD FINANCIAL SERVICES, INC. $275,000 $1,930,000 601.8% 0.1%
Carrington Mortgage Services, LLC $3,300,000 $1,875,000 -43.2% 0.1%
Hometown Equity Mortgage, LLC $435,000 $1,875,000 331.0% 0.1%
FOUNDATION MORTGAGE CORPORATION $1,815,000 n/a 0.1%
CALCON MUTUAL MORTGAGE LLC $445,000 $1,785,000 301.1% 0.1%
TIB The Independent Bankersbank $285,000 $1,690,000 493.0% 0.1%
AMWEST FUNDING CORP. $205,000 $1,680,000 719.5% 0.1%
ROYAL UNITED MORTGAGE LLC $3,375,000 $1,680,000 -50.2% 0.1%
GUILD MORTGAGE COMPANY $4,950,000 $1,565,000 -68.4% 0.1%
MORTGAGE FINANCIAL SERVICES, LLC $905,000 $1,565,000 72.9% 0.1%
Plains Commerce Bank $630,000 $1,500,000 138.1% 0.1%
NBKC BANK $635,000 $1,475,000 132.3% 0.1%
AMERITRUST MORTGAGE CORPORATION $1,460,000 n/a 0.1%
BMO Harris Bank $1,435,000 n/a 0.1%
NEXERA HOLDING LLC $305,000 $1,420,000 365.6% 0.1%
Farm Credit Mid-America, ACA $925,000 $1,365,000 47.6% 0.1%
AMERICAN FINANCIAL NETWORK, INC. $1,355,000 n/a 0.1%
PLANET HOME LENDING, LLC $7,670,000 $1,350,000 -82.4% 0.1%
Citizens Bank $4,460,000 $1,345,000 -69.8% 0.1%
HALLMARK HOME MORTGAGE, LLC $1,345,000 n/a 0.1%
UNIVERSITY Federal Credit Union $1,240,000 $1,305,000 5.2% 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $1,240,000 n/a 0.1%
GREATER TEXAS FEDERAL CREDIT UNION $3,680,000 $1,205,000 -67.3% 0.1%
Truist $1,090,000 $1,190,000 9.2% 0.1%
Centennial Bank $1,130,000 n/a 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $1,460,000 $1,105,000 -24.3% 0.1%
AMERICAN HERITAGE LENDING, INC. $440,000 $1,070,000 143.2% 0.1%
ANGEL OAK MORTGAGE SOLUTIONS LLC $1,640,000 $1,055,000 -35.7% 0.1%
Loan Simple, Inc. $1,105,000 $1,040,000 -5.9% 0.1%
AMERICAN FINANCING CORPORATION $180,000 $1,010,000 461.1% 0.1%
MICHIGAN MUTUAL, INC. $440,000 $1,010,000 129.5% 0.1%
Regions Bank $6,390,000 $1,010,000 -84.2% 0.1%
North American Savings Bank, F.S.B. $1,120,000 $1,000,000 -10.7% 0.1%
COMMUNITY MORTGAGE FUNDING, LLC $995,000 n/a 0.1%
Bank of England $300,000 $985,000 228.3% 0.1%
The Huntington National Bank $1,265,000 $980,000 -22.5% 0.1%
GUARANTEED RATE AFFINITY, LLC $1,325,000 $970,000 -26.8% 0.1%
VELOCITY COMMERCIAL CAPITAL, LLC $1,615,000 $965,000 -40.2% 0.1%
United Community Bank $1,530,000 $875,000 -42.8% 0.1%
City Bank $405,000 $870,000 114.8% 0.1%
Morgan Stanley Private Bank $3,995,000 $820,000 -79.5% 0.0%
FINANCE OF AMERICA REVERSE LLC $280,000 $770,000 175.0% 0.0%
BEST FINANCE CAPITAL, INC. $330,000 $750,000 127.3% 0.0%
ZILLOW HOME LOANS, LLC $365,000 $750,000 105.5% 0.0%
CHURCHILL MORTGAGE CORPORATION $805,000 $735,000 -8.7% 0.0%
GARDNER FINANCIAL SERVICES, LTD. $725,000 n/a 0.0%
The Loan Store, Inc. $710,000 n/a 0.0%
Prosperity Bank $335,000 $695,000 107.5% 0.0%
NATIONS DIRECT MORTGAGE, LLC $2,095,000 $685,000 -67.3% 0.0%
NJ LENDERS CORP. $255,000 $685,000 168.6% 0.0%
MID AMERICA MORTGAGE, INC. $1,060,000 $675,000 -36.3% 0.0%
Greenbox Loans, Inc. $660,000 n/a 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $1,155,000 $655,000 -43.3% 0.0%
OAKTREE FUNDING CORP. $2,020,000 $640,000 -68.3% 0.0%
Network Funding, L.P. $1,205,000 $635,000 -47.3% 0.0%
First United Bank and Trust Company $890,000 $620,000 -30.3% 0.0%
NATIONWIDE MORTGAGE BANKERS, INC. $175,000 $600,000 242.9% 0.0%
PlainsCapital Bank $6,860,000 $590,000 -91.4% 0.0%
Stifel Bank and Trust $475,000 $585,000 23.2% 0.0%
T2 FINANCIAL LLC $475,000 $575,000 21.1% 0.0%
SeaTrust Mortgage Company $550,000 n/a 0.0%
Barrington Bank & Trust Company, N.A. $1,705,000 $545,000 -68.0% 0.0%
GUIDANCE RESIDENTIAL, LLC $800,000 $535,000 -33.1% 0.0%
THE MORTGAGE LINK, INC. $530,000 n/a 0.0%
COUNTRYPLACE MORTGAGE, LTD. $135,000 $525,000 288.9% 0.0%
Stone Bank $525,000 n/a 0.0%
Credit Union of Texas $585,000 $520,000 -11.1% 0.0%
MORTGAGEONE, INC. $515,000 n/a 0.0%
Northpointe Bank $115,000 $505,000 339.1% 0.0%
MANN FINANCIAL INC. $215,000 $500,000 132.6% 0.0%
Commerce Home Mortgage, Inc. $1,130,000 $485,000 -57.1% 0.0%
H E B $1,280,000 $485,000 -62.1% 0.0%
LENDSURE MORTGAGE CORP. $1,500,000 $465,000 -69.0% 0.0%
WALL STREET MORTGAGE BANKERS, LTD. $460,000 n/a 0.0%
CANOPY MORTGAGE, LLC $995,000 $455,000 -54.3% 0.0%
Goldwater Bank, N.A. $675,000 $450,000 -33.3% 0.0%
COMMUNITYAMERICA $405,000 $420,000 3.7% 0.0%
BECKAM FUNDING CORP. $965,000 $415,000 -57.0% 0.0%
First Financial Bank $415,000 n/a 0.0%
LENDINGONE, LLC $415,000 $415,000 0.0% 0.0%
Mid-Continent Funding, Inc. $1,145,000 $410,000 -64.2% 0.0%
RESIDENTIAL BANCORP $425,000 $410,000 -3.5% 0.0%
AHL FUNDING $405,000 n/a 0.0%
AmeriHome Mortgage Company, LLC $1,840,000 $405,000 -78.0% 0.0%
First Bank $405,000 n/a 0.0%
Kwik Mortgage Corporation $595,000 $405,000 -31.9% 0.0%
PINNACLE LENDING GROUP, INC. $405,000 n/a 0.0%
SUMMIT FUNDING, INC. $405,000 n/a 0.0%
VAL-CHRIS INVESTMENTS, INC. $405,000 n/a 0.0%
CRANE $395,000 n/a 0.0%
HOMETRUST MORTGAGE COMPANY $395,000 n/a 0.0%
Watermark Capital, Inc. $555,000 $395,000 -28.8% 0.0%
NP, Inc. $285,000 $390,000 36.8% 0.0%
HOME FUNDING CORPORATION $385,000 n/a 0.0%
Bank-Fund Staff Federal Credit Union $145,000 $375,000 158.6% 0.0%
First-Citizens Bank & Trust Company $375,000 n/a 0.0%
Colonial Savings, F.A. $1,355,000 $365,000 -73.1% 0.0%
DOMINION FINANCIAL SERVICES, LLC $475,000 $365,000 -23.2% 0.0%
Farmers Bank & Trust $365,000 n/a 0.0%
SILVER HILL FUNDING, LLC $3,790,000 $355,000 -90.6% 0.0%
FirstBank $745,000 $350,000 -53.0% 0.0%
BNC National Bank $710,000 $335,000 -52.8% 0.0%
KELLER MORTGAGE, LLC $2,600,000 $320,000 -87.7% 0.0%
CITY FIRST MORTGAGE SERVICES, L.L.C. $315,000 n/a 0.0%
INTERCAP LENDING INC. $475,000 $315,000 -33.7% 0.0%
CHERRY CREEK MORTGAGE, LLC $310,000 n/a 0.0%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $390,000 $305,000 -21.8% 0.0%
Sunflower Bank $755,000 $305,000 -59.6% 0.0%
SWBC MORTGAGE CORPORATION $305,000 n/a 0.0%
CALIBER HOME LOANS, INC. $10,585,000 $295,000 -97.2% 0.0%
First Horizon Bank $465,000 $295,000 -36.6% 0.0%
NTFN, INC. $185,000 $295,000 59.5% 0.0%
United Nations Federal Credit Union $295,000 n/a 0.0%
VILLAGE CAPITAL MORTGAGE $1,815,000 $295,000 -83.7% 0.0%
ALLIED MORTGAGE GROUP, INC. $285,000 n/a 0.0%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $285,000 n/a 0.0%
ABSOLUTE HOME MORTGAGE CORPORATION $275,000 n/a 0.0%
AMERICAN FEDERAL MORTGAGE CORPORATION $275,000 n/a 0.0%
SOUTHWEST STAGE FUNDING, LLC $455,000 $270,000 -40.7% 0.0%
GENEVA FINANCIAL, LLC $320,000 $265,000 -17.2% 0.0%
Florida Capital Bank $555,000 $255,000 -54.1% 0.0%
Paramount Bank $255,000 n/a 0.0%
Wolfe Financial, Inc $255,000 n/a 0.0%
Beeline Loans, Inc. $175,000 $245,000 40.0% 0.0%
NEW WAVE LENDING GROUP INC $245,000 n/a 0.0%
PREMIA MORTGAGE, LLC $830,000 $245,000 -70.5% 0.0%
IVY MORTGAGE, INC. $235,000 n/a 0.0%
Valley National Bank $235,000 n/a 0.0%
LAKEVIEW LOAN SERVICING, LLC $3,020,000 $230,000 -92.4% 0.0%
First Community Bank $225,000 n/a 0.0%
Origin Bank $7,125,000 $225,000 -96.8% 0.0%
RBC Bank, (Georgia) $350,000 $225,000 -35.7% 0.0%
Neighborhood Loans, Inc. $205,000 n/a 0.0%
RB MORTGAGE LLC $810,000 $205,000 -74.7% 0.0%
SENTE MORTGAGE, INC. $195,000 n/a 0.0%
LONGBRIDGE FINANCIAL, LLC $180,000 $190,000 5.6% 0.0%
First Federal Bank $185,000 n/a 0.0%
KeyBank $1,140,000 $185,000 -83.8% 0.0%
SFMC, LP $360,000 $185,000 -48.6% 0.0%
V.I.P. MORTGAGE, INC. $115,000 $185,000 60.9% 0.0%
SPRING EQ, LLC $65,000 $180,000 176.9% 0.0%
PILGRIM MORTGAGE LLC $635,000 $175,000 -72.4% 0.0%
Servion, Inc. $250,000 $175,000 -30.0% 0.0%
Zions Bank $235,000 $175,000 -25.5% 0.0%
CONTOUR MORTGAGE CORPORATION $165,000 n/a 0.0%
Grandview Bank $165,000 n/a 0.0%
CSL Financial, LLC $600,000 $160,000 -73.3% 0.0%
R Bank $155,000 n/a 0.0%
American Mortgage & Equity Consultants, Inc. $145,000 n/a 0.0%
Citibank $165,000 $145,000 -12.1% 0.0%
Metro City Bank $145,000 n/a 0.0%
GULF COAST EDUCATORS FEDERAL CREDIT UNION $135,000 n/a 0.0%
M&T Bank $350,000 $125,000 -64.3% 0.0%
TEXAS DOW EMPLOYEES CREDIT UNION $680,000 $125,000 -81.6% 0.0%
US MORTGAGE CORPORATION $125,000 n/a 0.0%
Bell Bank $115,000 n/a 0.0%
Generations Community Federal Credit Union $115,000 n/a 0.0%
Lakeview Community Capital, LLC $3,935,000 $115,000 -97.1% 0.0%
Magnolia Bank $105,000 n/a 0.0%
Axos Bank $535,000 $95,000 -82.2% 0.0%
SYNERGY FEDERAL CREDIT UNION $230,000 $90,000 -60.9% 0.0%
HomeBank Texas $85,000 n/a 0.0%
Quontic Bank $870,000 $85,000 -90.2% 0.0%
TEXELL Credit Union $35,000 $85,000 142.9% 0.0%
American Bank & Trust $75,000 n/a 0.0%
Arvest Bank $175,000 $75,000 -57.1% 0.0%
Baxter Credit Union $65,000 $75,000 15.4% 0.0%
FIRST COMMUNITY CREDIT UNION $75,000 n/a 0.0%
GREENSTATE CREDIT UNION $75,000 n/a 0.0%
Texana Bank $65,000 n/a 0.0%
Deere Employees Credit Union $55,000 n/a 0.0%
ENCORE BANK $395,000 $55,000 -86.1% 0.0%
United Texas Credit Union $35,000 $55,000 57.1% 0.0%
Signature Federal Credit Union $75,000 $45,000 -40.0% 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $520,000 $35,000 -93.3% 0.0%
TOGETHER CREDIT UNION $35,000 n/a 0.0%
United Heritage Credit Union $35,000 n/a 0.0%
AMOCO $25,000 n/a 0.0%

MCALLEN - EDINBURG - MISSION's top lender by overall market share is WILLOW BEND MORTGAGE COMPANY, LLC, with 7.1% market share. In second place, with 6.3%, is CROSSCOUNTRY MORTGAGE, LLC, having originated $106,270,000 in loans. In third place, with 5.2%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $87,220,000 in loans. In fourth place, with 4.7%, is QUICKEN LOANS, LLC, having originated $79,110,000 in loans. In fifth place, with 3.8%, is CMG MORTGAGE, INC., having originated $63,925,000 in loans.


MCALLEN - EDINBURG - MISSION Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - MCALLEN - EDINBURG - MISSION (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $189,000 (2.2%) $243,293 (-1.0%) 0.70 2,103
2018-02-01 $189,900 (2.7%) $243,498 (-0.9%) 0.69 2,106
2018-03-01 $189,900 (0.5%) $247,255 (0.6%) 0.67 2,105
2018-04-01 $195,000 (4.3%) $251,653 (3.2%) 0.66 2,047
2018-05-01 $195,250 (3.1%) $252,491 (2.8%) 0.65 2,051
2018-06-01 $198,000 (4.2%) $251,226 (2.1%) 0.66 2,081
2018-07-01 $195,000 (2.6%) $249,817 (0.1%) 0.65 2,060
2018-08-01 $195,375 (3.4%) $249,455 (0.9%) 0.65 2,011
2018-09-01 $196,450 (3.5%) $250,037 (0.2%) 0.66 1,990
2018-10-01 $192,000 (-0.1%) $243,792 (-2.0%) 0.65 2,022
2018-11-01 $189,935 (-2.3%) $243,436 (-2.5%) 0.64 2,084
2018-12-01 $189,900 (0.0%) $241,472 (-1.6%) 0.66 2,050
2019-01-01 $189,700 (0.4%) $241,879 (-0.6%) 0.66 2,014
2019-02-01 $189,950 (0.0%) $241,573 (-0.8%) 0.64 2,078
2019-03-01 $191,857 (1.0%) $242,273 (-2.0%) 0.63 2,109
2019-04-01 $195,000 (0.0%) $247,171 (-1.8%) 0.62 2,042
2019-05-01 $197,250 (1.0%) $249,232 (-1.3%) 0.62 1,994
2019-06-01 $198,970 (0.5%) $252,527 (0.5%) 0.62 2,010
2019-07-01 $198,250 (1.7%) $256,158 (2.5%) 0.62 2,029
2019-08-01 $197,182 (0.9%) $256,777 (2.9%) 0.62 2,026
2019-09-01 $195,955 (-0.3%) $257,539 (3.0%) 0.63 2,014
2019-10-01 $195,000 (1.6%) $258,477 (6.0%) 0.63 2,005
2019-11-01 $195,000 (2.7%) $258,292 (6.1%) 0.64 1,960
2019-12-01 $197,500 (4.0%) $259,832 (7.6%) 0.66 1,913
2020-01-01 $195,125 (2.9%) $258,965 (7.1%) 0.65 1,849
2020-02-01 $195,000 (2.7%) $258,596 (7.1%) 0.64 1,882
2020-03-01 $199,000 (3.7%) $262,597 (8.4%) 0.62 1,850
2020-04-01 $198,725 (1.9%) $263,046 (6.4%) 0.62 1,861
2020-05-01 $199,400 (1.1%) $264,869 (6.3%) 0.61 1,708
2020-06-01 $209,625 (5.4%) $274,497 (8.7%) 0.62 1,450
2020-07-01 $213,599 (7.7%) $278,648 (8.8%) 0.62 1,279
2020-08-01 $215,000 (9.0%) $279,508 (8.9%) 0.62 1,169
2020-09-01 $221,500 (13.0%) $286,987 (11.4%) 0.63 1,061
2020-10-01 $228,200 (17.0%) $289,883 (12.2%) 0.65 1,093
2020-11-01 $228,550 (17.2%) $289,765 (12.2%) 0.67 1,154
2020-12-01 $228,000 (15.4%) $294,272 (13.3%) 0.68 1,159
2021-01-01 $220,000 (12.8%) $294,057 (13.6%) 0.66 1,116
2021-02-01 $225,000 (15.4%) $303,697 (17.4%) 0.66 1,044
2021-03-01 $234,750 (18.0%) $313,789 (19.5%) 0.67 958
2021-04-01 $239,975 (20.8%) $320,463 (21.8%) 0.65 891
2021-05-01 $249,950 (25.4%) $336,746 (27.1%) 0.66 816
2021-06-01 $255,000 (21.7%) $350,306 (27.6%) 0.67 797
2021-07-01 $260,000 (21.7%) $353,154 (26.7%) 0.69 809
2021-08-01 $262,125 (21.9%) $354,210 (26.7%) 0.70 822
2021-09-01 $264,700 (19.5%) $352,923 (23.0%) 0.71 987
2021-10-01 $265,000 (16.1%) $348,299 (20.2%) 0.71 997
2021-11-01 $261,475 (14.4%) $343,401 (18.5%) 0.70 1,015
2021-12-01 $257,000 (12.7%) $339,991 (15.5%) 0.70 1,032
2022-01-01 $259,000 (17.7%) $340,449 (15.8%) 0.70 943
2022-02-01 $258,950 (15.1%) $343,963 (13.3%) 0.67 929
2022-03-01 $258,901 (10.3%) $347,182 (10.6%) 0.65 900
2022-04-01 $258,495 (7.7%) $352,418 (10.0%) 0.62 886
2022-05-01 $275,000 (10.0%) $359,535 (6.8%) 0.63 957
2022-06-01 $272,500 (6.9%) $362,516 (3.5%) 0.61 1,037
2022-07-01 $270,000 (3.9%) $359,391 (1.8%) 0.61 1,186
2022-08-01 $275,000 (4.9%) $352,458 (-0.5%) 0.64 1,311
2022-09-01 $269,000 (1.6%) $342,480 (-3.0%) 0.63 1,422
2022-10-01 $275,000 (3.8%) $349,334 (0.3%) 0.65 1,458
2022-11-01 $278,950 (6.7%) $351,414 (2.3%) 0.67 1,537
2022-12-01 $279,900 (8.9%) $351,970 (3.5%) 0.69 1,533
2023-01-01 $280,200 (8.2%) $353,702 (3.9%) 0.69 1,562
2023-02-01 $283,225 (9.4%) $357,112 (3.8%) 0.68 1,563
2023-03-01 $285,000 (10.1%) $360,249 (3.8%) 0.67 1,540
2023-04-01 $286,563 (10.9%) $359,355 (2.0%) 0.67 1,534
2023-05-01 $287,250 (4.5%) $355,313 (-1.2%) 0.65 1,530
2023-06-01 $289,575 (6.3%) $355,199 (-2.0%) 0.65 1,561
2023-07-01 $289,000 (7.0%) $349,643 (-2.7%) 0.66 1,661
2023-08-01 $288,662 (5.0%) $347,237 (-1.5%) 0.66 1,743
2023-09-01 $285,000 (6.0%) $342,232 (-0.1%) 0.66 1,834
2023-10-01 $280,000 (1.8%) $337,922 (-3.3%) 0.66 1,937
2023-11-01 $279,925 (0.4%) $336,711 (-4.2%) 0.67 2,007
2023-12-01 $279,000 (-0.3%) $331,910 (-5.7%) 0.68 2,041
2024-01-01 $275,000 (-1.9%) $329,659 (-6.8%) 0.67 2,129
2024-02-01 $275,000 (-2.9%) $327,182 (-8.4%) 0.66 2,211
2024-03-01 $278,000 (-2.5%) $329,172 (-8.6%) 0.65 2,288
MCALLEN - EDINBURG - MISSION's median listing price for 2024-03-01 was $278,000, a difference of $-7,000 (-2.5%) versus the prior year and $3,000 versus the prior month.

MCALLEN - EDINBURG - MISSION's median listing price comes in at 65% of the national average.

MCALLEN - EDINBURG - MISSION's average listing price for 2024-03-01 was $329,172, a difference of $-31,077 (-8.6%) versus the prior year and $1,990 versus the prior month.

For the 2024-03-01 period, MCALLEN - EDINBURG - MISSION had 2,288 MLS listings, a difference of 77 listings (3%) versus the prior month and 748 listings (49%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - MCALLEN - EDINBURG - MISSION (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 102 days 2,121 sqft
2018-02-01 96 days 2,112 sqft
2018-03-01 87 days 2,119 sqft
2018-04-01 81 days 2,155 sqft
2018-05-01 80 days 2,171 sqft
2018-06-01 87 days 2,177 sqft
2018-07-01 91 days 2,166 sqft
2018-08-01 86 days 2,125 sqft
2018-09-01 87 days 2,131 sqft
2018-10-01 78 days 2,071 sqft
2018-11-01 79 days 2,062 sqft
2018-12-01 85 days 2,051 sqft
2019-01-01 91 days 2,033 sqft
2019-02-01 91 days 2,022 sqft
2019-03-01 74 days 2,006 sqft
2019-04-01 69 days 2,015 sqft
2019-05-01 78 days 2,024 sqft
2019-06-01 79 days 2,058 sqft
2019-07-01 83 days 2,045 sqft
2019-08-01 86 days 2,041 sqft
2019-09-01 87 days 2,027 sqft
2019-10-01 88 days 2,018 sqft
2019-11-01 78 days 2,016 sqft
2019-12-01 80 days 2,047 sqft
2020-01-01 81 days 2,012 sqft
2020-02-01 82 days 2,000 sqft
2020-03-01 62 days 2,034 sqft
2020-04-01 74 days 2,007 sqft
2020-05-01 86 days 1,994 sqft
2020-06-01 97 days 2,021 sqft
2020-07-01 84 days 2,066 sqft
2020-08-01 72 days 2,022 sqft
2020-09-01 65 days 2,100 sqft
2020-10-01 52 days 2,112 sqft
2020-11-01 50 days 2,100 sqft
2020-12-01 60 days 2,028 sqft
2021-01-01 67 days 1,979 sqft
2021-02-01 63 days 2,000 sqft
2021-03-01 56 days 2,025 sqft
2021-04-01 52 days 2,050 sqft
2021-05-01 49 days 2,100 sqft
2021-06-01 44 days 2,079 sqft
2021-07-01 45 days 2,075 sqft
2021-08-01 46 days 2,064 sqft
2021-09-01 47 days 2,075 sqft
2021-10-01 48 days 2,043 sqft
2021-11-01 49 days 2,025 sqft
2021-12-01 52 days 1,994 sqft
2022-01-01 61 days 1,972 sqft
2022-02-01 53 days 1,945 sqft
2022-03-01 40 days 1,892 sqft
2022-04-01 38 days 1,892 sqft
2022-05-01 39 days 1,966 sqft
2022-06-01 40 days 1,984 sqft
2022-07-01 43 days 1,927 sqft
2022-08-01 46 days 1,898 sqft
2022-09-01 49 days 1,852 sqft
2022-10-01 55 days 1,858 sqft
2022-11-01 59 days 1,883 sqft
2022-12-01 67 days 1,892 sqft
2023-01-01 72 days 1,894 sqft
2023-02-01 66 days 1,899 sqft
2023-03-01 58 days 1,901 sqft
2023-04-01 57 days 1,894 sqft
2023-05-01 58 days 1,872 sqft
2023-06-01 57 days 1,882 sqft
2023-07-01 56 days 1,875 sqft
2023-08-01 55 days 1,869 sqft
2023-09-01 56 days 1,847 sqft
2023-10-01 59 days 1,835 sqft
2023-11-01 66 days 1,810 sqft
2023-12-01 71 days 1,800 sqft
2024-01-01 73 days 1,774 sqft
2024-02-01 63 days 1,758 sqft
2024-03-01 59 days 1,769 sqft
MCALLEN - EDINBURG - MISSION's median listing age (time on market) for 2024-03-01 was 59 days. This is 3% longer than the same period one year ago.

MCALLEN - EDINBURG - MISSION's median square footage for active listings during the 2024-03-01 period was 1,769 sqft. One year prior, the average listing was 1,901 sqft.

MCALLEN-EDINBURG-MISSION, TX Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
78501 McAllen-Edinburg-Mission, TX MSA $710 $710 $900 $1,170 $1,290
78502 McAllen-Edinburg-Mission, TX MSA $690 $700 $880 $1,140 $1,260
78503 McAllen-Edinburg-Mission, TX MSA $810 $810 $1,030 $1,340 $1,480
78504 McAllen-Edinburg-Mission, TX MSA $810 $810 $1,030 $1,340 $1,480
78505 McAllen-Edinburg-Mission, TX MSA $690 $700 $880 $1,140 $1,260
78516 McAllen-Edinburg-Mission, TX MSA $650 $650 $830 $1,070 $1,180
78537 McAllen-Edinburg-Mission, TX MSA $650 $650 $830 $1,070 $1,180
78538 McAllen-Edinburg-Mission, TX MSA $650 $650 $830 $1,070 $1,180
78539 McAllen-Edinburg-Mission, TX MSA $720 $730 $920 $1,200 $1,320
78540 McAllen-Edinburg-Mission, TX MSA $690 $700 $880 $1,140 $1,260
78541 McAllen-Edinburg-Mission, TX MSA $710 $720 $910 $1,180 $1,300
78542 McAllen-Edinburg-Mission, TX MSA $650 $650 $830 $1,070 $1,180
78543 McAllen-Edinburg-Mission, TX MSA $650 $650 $830 $1,070 $1,180
78549 McAllen-Edinburg-Mission, TX MSA $650 $650 $830 $1,070 $1,180
78557 McAllen-Edinburg-Mission, TX MSA $650 $650 $830 $1,070 $1,180
78558 McAllen-Edinburg-Mission, TX MSA $650 $650 $830 $1,070 $1,180
78559 McAllen-Edinburg-Mission, TX MSA $590 $650 $830 $1,070 $1,210
78560 McAllen-Edinburg-Mission, TX MSA $650 $650 $830 $1,070 $1,180
78562 McAllen-Edinburg-Mission, TX MSA $650 $650 $830 $1,070 $1,180
78563 McAllen-Edinburg-Mission, TX MSA $690 $700 $880 $1,140 $1,260
78565 McAllen-Edinburg-Mission, TX MSA $650 $650 $830 $1,070 $1,180
78569 McAllen-Edinburg-Mission, TX MSA $580 $650 $830 $1,070 $1,210
78570 McAllen-Edinburg-Mission, TX MSA $650 $650 $830 $1,070 $1,180
78572 McAllen-Edinburg-Mission, TX MSA $720 $730 $920 $1,200 $1,320
78573 McAllen-Edinburg-Mission, TX MSA $670 $670 $850 $1,110 $1,220
78574 McAllen-Edinburg-Mission, TX MSA $670 $670 $850 $1,110 $1,220
78576 McAllen-Edinburg-Mission, TX MSA $650 $650 $830 $1,070 $1,180
78577 McAllen-Edinburg-Mission, TX MSA $710 $720 $910 $1,180 $1,300
78579 McAllen-Edinburg-Mission, TX MSA $690 $690 $870 $1,130 $1,250
78582 McAllen-Edinburg-Mission, TX MSA $690 $700 $880 $1,140 $1,260
78589 McAllen-Edinburg-Mission, TX MSA $680 $680 $860 $1,120 $1,230
78595 McAllen-Edinburg-Mission, TX MSA $650 $650 $830 $1,070 $1,180
78596 McAllen-Edinburg-Mission, TX MSA $690 $700 $880 $1,140 $1,260
78599 McAllen-Edinburg-Mission, TX MSA $690 $700 $880 $1,140 $1,260

2022 Average & Median Rent Data Statistics
MCALLEN-EDINBURG-MISSION, TX average 1BR rent: $684, median: $670
MCALLEN-EDINBURG-MISSION, TX average 2BR rent: $867, median: $850
MCALLEN-EDINBURG-MISSION, TX average 3BR rent: $1,123, median: $1,110

MCALLEN-EDINBURG-MISSION, TX Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 4,906 $1,313,000,000 $267,631
Refi 708 $207,410,000 $292,952
Cash Out Refi 553 $98,985,000 $178,996
Other 418 $46,870,000 $112,129
Home Improvement 174 $17,550,000 $100,862
NA 4 $750,000 $187,500

Mcallen - Edinburg - Mission's most frequently cited loan purpose was Home Purchase, with 4,906 originations. The 2nd most popular reason was Refi, with 708 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 2,688 $692,830,000 $257,749
7-8% 1,690 $404,780,000 $239,515
5-6% 1,166 $301,910,000 $258,928
Over 8% 771 $130,385,000 $169,112
<2.5% 105 $595,000 $5,667
4-5% 97 $34,365,000 $354,278
3-4% 8 $2,680,000 $335,000
2.5-3% 2 $570,000 $285,000

During 2023, Mcallen - Edinburg - Mission's most frequently originated rate bucket was 6-7%, with 2,688 originations.

Loan Sizing (MCALLEN-EDINBURG-MISSION, TX MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 3,140 $867,650,000 $276,322
$100k-200k 2,031 $308,795,000 $152,041
$100,000 or less 1,022 $58,350,000 $57,094
$400k-600k 420 $196,760,000 $468,476
$600k-1000k 92 $66,980,000 $728,043
$Over $1MM 58 $186,030,000 $3,207,414

MCALLEN - EDINBURG - MISSION's loan sizing saw the bucket of loans from $200k-400k with 3,140 originations, totaling $867,650,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 3,857 $980,635,000 $254,248
60-80% 1,433 $405,545,000 $283,004
40-60% 492 $111,330,000 $226,280
20-40% 352 $36,600,000 $103,977
Under 20% 315 $8,455,000 $26,841
Over 100% 95 $23,135,000 $243,526

MCALLEN - EDINBURG - MISSION's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 3,857 originations, totaling $980,635,000 in origination value.