Mission Housing Market Update: Prices Up, Homes Taking Longer to Sell
Mission, TX – March 15, 2026 – Home prices are up year over year, but listings are sitting longer as inventory builds across the local market.
Top takeaways
- Median home sale price around $268K in February, up about 11% year over year.
- Homes are taking longer to sell, averaging more than 100 days on market.
- Inventory has expanded across the McAllen-Edinburg-Mission metro area.
Market snapshot
The Mission housing market remains active but less competitive than a year ago. In February 2026, the median sale price was roughly $268K, an increase of about 11.5% from February 2025. At the same time, the median days on market rose to 111 days, up significantly from last year, indicating buyers are taking more time and negotiating more carefully.
About 50 homes sold during the month, slightly higher than a year earlier. Across the broader McAllen-Edinburg-Mission metro, active listings have increased year over year, signaling more options for buyers and a gradual shift toward a more balanced market.
What’s for sale
Current listings in Mission range from entry-level homes under $250K to larger new-construction properties above $400K. Buyers will find:
- Three- and four-bedroom single-family homes in established neighborhoods.
- Newer builds in planned communities with modern finishes.
- Investment-oriented properties and small multifamily options.
Rental activity also remains steady in the area, with HUD fair market rent schedules for 2026 reflecting ongoing demand across the metro.
Outlook
Rising prices paired with longer marketing times suggest a cooling pace rather than a downturn. Sellers are still achieving higher prices than a year ago, but realistic pricing and property condition matter more in today’s environment. Buyers may find more negotiating room compared with early 2024 and 2025.
Are you seeing more price reductions or new listings in your neighborhood lately?
Sources
https://www.redfin.com/city/12485/TX/Mission/housing-market
https://www.zillow.com/mission-tx/
https://www.rentcafe.com/average-rent-market-trends/us/tx/mission/
https://www.huduser.gov/portal/datasets/fmr/fmr2026/FY2026_FMR_Schedule.pdf