Is Mission, TX 78573 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Mission is a buyer’s market. With about 14.1 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score23/ 100

More competitive than 17% of U.S. ZIP codes, and #454 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

Months of supply14.1Under 4 months = seller’s market
Sold above original list15.1%Share of sales, last 3 months
Median sale-to-list98.4%Sold price ÷ list price
Median days on market111Listing to accepted offer
Median price per sq ft$156▼ −4.0% vs. last year

The Mission housing market right now

In the three months ending August 31, 2026, 15% of homes in Mission, TX 78573 sold above their list price, the typical home went under contract in 111 days and there were 14.1 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 68 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 10%, homes sold more slowly (85 days then) and the median sale price fell 6% to $261,637. Overall, Mission is less competitive than a year ago, which gives buyers more room.

Within Hidalgo County, homes here sell more slowly than in 82% of the county’s ZIP codes, and sell more often over asking than in 68%. On our competition score, Mission ranks #454 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.

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 →

Where Mission is

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Questions about Mission real estate

Is Mission a buyer’s or seller’s market?

A buyer’s market: there were 14.1 months of supply in Mission, TX 78573 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 Mission?

The typical home went under contract in 111 days in the latest three months.

Do homes in Mission sell over asking?

15% of homes sold above their original list price, and the typical sale closed at 98.4% of the list price.

What are property taxes in Mission?

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 Mission?

The median sale price was $261,637 in the three months ending August 31, 2026, about $156 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