Market Overview
Home Prices in Hidalgo, TX
The median home value in Hidalgo, TX is $192,864 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.6% compared to a year ago and up 1.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hidalgo are priced53% below average. Hidalgo is part of the McAllen-Edinburg-Mission, TX metro area.
Over the past five years, Hidalgo home values have risen by approximately28.9%, reflecting strong long-term appreciation in this market.
Price History
Hidalgo Home Price Trend
City Comparison
Hidalgo vs. National Median
At $192,864, homes in Hidalgo cost 53% below the national median of $410,000. This makes Hidalgo a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Hidalgo?
20% Down Payment
$38,573
on $192,864
Monthly P&I
$1,006/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,278/mo
incl. taxes & insurance
Income Needed
$51,120
gross annual (30% rule)
10% Down Option
$19,286
+ PMI applies
Loan Amount (20% dn)
$154,291
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Hidalgo, TX?
The median home value in Hidalgo is $192,864 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.6% year-over-year.
How much have home prices changed in Hidalgo?
Over the past year, home values in Hidalgo have decreased by 1.6%. Over five years, prices have risen approximately 28.9%.
How much do I need to earn to buy a home in Hidalgo?
To comfortably afford the median home price of $192,864 with a 20% down payment ($38,573) at today's rates (6.8%), you'd need a gross annual income of approximately $51,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Hidalgo compare to the national average home price?
The national median home value is approximately $410,000. At $192,864, homes in Hidalgo are 53% below the national average.
What metro area is Hidalgo part of?
Hidalgo is part of the McAllen-Edinburg-Mission, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.