Market Overview
Home Prices in Rio Hondo, TX
The median home value in Rio Hondo, TX is $213,120 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.8% compared to a year ago and up 3.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Rio Hondo are priced48% below average. Rio Hondo is part of the Brownsville-Harlingen, TX metro area.
Over the past five years, Rio Hondo home values have risen by approximately24.3%, reflecting strong long-term appreciation in this market.
Price History
Rio Hondo Home Price Trend
City Comparison
Rio Hondo vs. National Median
At $213,120, homes in Rio Hondo cost 48% below the national median of $410,000. This makes Rio Hondo a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Rio Hondo?
20% Down Payment
$42,624
on $213,120
Monthly P&I
$1,112/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,412/mo
incl. taxes & insurance
Income Needed
$56,480
gross annual (30% rule)
10% Down Option
$21,312
+ PMI applies
Loan Amount (20% dn)
$170,496
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 Rio Hondo, TX?
The median home value in Rio Hondo is $213,120 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.8% year-over-year.
How much have home prices changed in Rio Hondo?
Over the past year, home values in Rio Hondo have increased by 5.8%. Over five years, prices have risen approximately 24.3%.
How much do I need to earn to buy a home in Rio Hondo?
To comfortably afford the median home price of $213,120 with a 20% down payment ($42,624) at today's rates (6.8%), you'd need a gross annual income of approximately $56,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Rio Hondo compare to the national average home price?
The national median home value is approximately $410,000. At $213,120, homes in Rio Hondo are 48% below the national average.
What metro area is Rio Hondo part of?
Rio Hondo is part of the Brownsville-Harlingen, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.