Is Edinburg, TX 78542 a buyer’s or seller’s market?
Edinburg is a buyer’s market. With about 7.1 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 13% of U.S. ZIP codes, and #553 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, 14% of homes in Edinburg, TX 78542 sold above their list price, the typical home went under contract in 127 days and there were 7.1 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 148 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 18%, homes sold more slowly (103 days then) and the median sale price fell 2% to $264,336. Overall, Edinburg is less competitive than a year ago, which gives buyers more room.
Within Hidalgo County, homes here sell more slowly than in 91% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Edinburg ranks #553 of 868 TX ZIP codes with enough sales (score 20 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 78542
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 7.1 months of supply in Edinburg, TX 78542 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 127 days in the latest three months.
Do homes in Edinburg sell over asking?
14% of homes sold above their original list price, and the typical sale closed at 97.7% 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 $264,336 in the three months ending August 31, 2026, about $167 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