Is Olmito, TX 78575 a buyer’s or seller’s market?
Olmito is a balanced market. With about 5.7 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 8% of U.S. ZIP codes, and #683 of 881 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 July 31, 2026. See the breakdown
The Olmito housing market right now
In the three months ending August 31, 2026, 0% of homes in Olmito, TX 78575 sold above their list price, the typical home went under contract in 9 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 13 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (21 days then) and the median sale price fell 6% to $319,862. Overall, Olmito is more competitive than a year ago, so tougher for buyers.
Within Cameron County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.
Nearby, La Feria 78559 (9% sold over asking) and Harlingen 78550 (2% sold over asking) are even more competitive.
Run the numbers for 78575
Nearby markets
Brownsville 78520Balanced $161 /sq ftBrownsville 78521Buyer’s market $165 /sq ftBrownsville 78526Balanced $171 /sq ftCombes 78535 — /sq ft Browse all markets →Towns like Olmito nearby
Find towns like Olmito in other states →Where Olmito is
Loading map…
Questions about Olmito real estate
Is Olmito a buyer’s or seller’s market?
A balanced market: there were 5.7 months of supply in Olmito, TX 78575 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 Olmito?
The typical home went under contract in 9 days in the latest three months.
Do homes in Olmito sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.7% of the list price.
What are property taxes in Olmito?
About 1.50% of a home’s value a year in Cameron County, or roughly $6,000 on a $400,000 home.
What is the median home price in Olmito?
The median sale price was $319,862 in the three months ending August 31, 2026, about $163 per square foot.
Local agents
See all agents in 78575 →No sponsored agents in 78575 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 78575
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology