Is Harlingen, TX 78550 a buyer’s or seller’s market?

The Harlingen housing market right now

In the three months ending August 31, 2026, 2% of homes in Harlingen, TX 78550 sold above their list price, the typical home went under contract in 55 days and there were 5.7 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 89 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (2% then), homes sold faster (77 days then) and the median sale price rose 9% to $218,356. Overall, Harlingen is more competitive than a year ago, so tougher for buyers.

Within Cameron County, homes here sell faster than in 75% of the county’s ZIP codes, and sell more often over asking than in 92%. On our competition score, Harlingen ranks #729 of 868 TX ZIP codes with enough sales (score 13 out of 100).

Nearby, buyers who want less competition could look at South Padre Island 78597 (0% sold over asking) or Santa Rosa 78593 (0% sold over asking), while La Feria 78559 (9% sold over asking) is even more competitive.