Market Overview
Home Prices in Progreso, TX
The median home value in Progreso, TX is $128,728 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6% compared to a year ago and down 3.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Progreso are priced69% below average. Progreso is part of the McAllen-Edinburg-Mission, TX metro area.
Over the past five years, Progreso home values have risen by approximately52.1%, reflecting strong long-term appreciation in this market.
Price History
Progreso Home Price Trend
City Comparison
Progreso vs. National Median
At $128,728, homes in Progreso cost 69% below the national median of $410,000. This makes Progreso a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Progreso?
20% Down Payment
$25,746
on $128,728
Monthly P&I
$671/mo
30-yr @ 6.8%
Total Monthly Est.
~$852/mo
incl. taxes & insurance
Income Needed
$34,080
gross annual (30% rule)
10% Down Option
$12,873
+ PMI applies
Loan Amount (20% dn)
$102,982
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 Progreso, TX?
The median home value in Progreso is $128,728 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6% year-over-year.
How much have home prices changed in Progreso?
Over the past year, home values in Progreso have increased by 6%. Over five years, prices have risen approximately 52.1%.
How much do I need to earn to buy a home in Progreso?
To comfortably afford the median home price of $128,728 with a 20% down payment ($25,746) at today's rates (6.8%), you'd need a gross annual income of approximately $34,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Progreso compare to the national average home price?
The national median home value is approximately $410,000. At $128,728, homes in Progreso are 69% below the national average.
What metro area is Progreso part of?
Progreso is part of the McAllen-Edinburg-Mission, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.