Is Edinburg, TX 78541 a buyer’s or seller’s market?
Edinburg is a buyer’s market. With about 8.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 15% of U.S. ZIP codes, and #515 of 868 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Edinburg housing market right now
In the three months ending August 31, 2026, 18% of homes in Edinburg, TX 78541 sold above their list price, the typical home went under contract in 83 days and there were 8.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 78 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 9%, homes sold more slowly (73 days then) and the median sale price held steady to $286,876. Overall, Edinburg is more competitive than a year ago, so tougher for buyers.
Within Hidalgo County, homes here sell faster than in 64% of the county’s ZIP codes, and sell more often over asking than in 86%. On our competition score, Edinburg ranks #515 of 868 TX ZIP codes with enough sales (score 21 out of 100).
Nearby, buyers who want less competition could look at Sullivan City 78595 (0% sold over asking) or Alamo 78516 (3% sold over asking), while La Villa 78562 (33% sold over asking) and Donna 78537 (23% sold over asking) are even more competitive.
Run the numbers for 78541
Nearby markets
Alamo 78516Buyer’s market $138 /sq ftDonna 78537Buyer’s market $150 /sq ftEdcouch 78538Buyer’s market $135 /sq ftEdinburg 78539Balanced $140 /sq ft Browse all markets →Towns like Edinburg nearby
Find towns like Edinburg in other states →Where Edinburg is
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Questions about Edinburg real estate
Is Edinburg a buyer’s or seller’s market?
A buyer’s market: there were 8.8 months of supply in Edinburg, TX 78541 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Edinburg?
The typical home went under contract in 83 days in the latest three months.
Do homes in Edinburg sell over asking?
18% of homes sold above their original list price, and the typical sale closed at 96.7% of the list price.
What are property taxes in Edinburg?
About 1.62% of a home’s value a year in Hidalgo County, or roughly $6,480 on a $400,000 home.
What is the median home price in Edinburg?
The median sale price was $286,876 in the three months ending August 31, 2026, about $144 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology