Is Hidalgo, TX 78557 a buyer’s or seller’s market?

The Hidalgo housing market right now

In the three months ending August 31, 2026, 18% of homes in Hidalgo, TX 78557 sold above their list price, the typical home went under contract in 85 days and there were 10.5 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 17 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 8%, homes sold faster (134 days then) and the median sale price rose 11% to $264,885. Overall, Hidalgo is more competitive than a year ago, so tougher for buyers.

Within Hidalgo County, homes here sell faster than in 59% of the county’s ZIP codes, and sell more often over asking than in 82%. On our competition score, Hidalgo ranks #458 of 868 TX ZIP codes with enough sales (score 23 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.