Is Rio Grande City, TX 78582 a buyer’s or seller’s market?
Rio Grande City is a buyer’s market. With about 12.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 11% of U.S. ZIP codes, and #603 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 Rio Grande City housing market right now
In the three months ending August 31, 2026, 14% of homes in Rio Grande City, TX 78582 sold above their list price, the typical home went under contract in 85 days and there were 12.6 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 22 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 7%, homes sold more slowly (65 days then) and the median sale price rose 17% to $267,884. Overall, Rio Grande City is about as competitive as it was a year ago.
On our competition score, Rio Grande City ranks #603 of 868 TX ZIP codes with enough sales (score 18 out of 100).
Nearby, buyers who want less competition could look at Salineno 78585 (0% sold over asking) or Roma 78584 (0% sold over asking).
Run the numbers for 78582
Nearby markets
Delmita 78536 — /sq ftGrulla 78548 — /sq ftRoma 78584Buyer’s market $100 /sq ftSalineno 78585 $175 /sq ft Browse all markets →Towns like Rio Grande City nearby
Find towns like Rio Grande City in other states →Where Rio Grande City is
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Questions about Rio Grande City real estate
Is Rio Grande City a buyer’s or seller’s market?
A buyer’s market: there were 12.6 months of supply in Rio Grande City, TX 78582 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 Rio Grande City?
The typical home went under contract in 85 days in the latest three months.
Do homes in Rio Grande City sell over asking?
14% of homes sold above their original list price, and the typical sale closed at 97.1% of the list price.
What are property taxes in Rio Grande City?
About 1.14% of a home’s value a year in Starr County, or roughly $4,560 on a $400,000 home.
What is the median home price in Rio Grande City?
The median sale price was $267,884 in the three months ending August 31, 2026, about $131 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