Harlingen, TX—78550
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Harlingen, TX
Home Price Trends — Harlingen, TX
As of Oct '25, the median home price in Harlingen, TX is $171,000, with a year-over-year change of -3.5%. This indicates that home prices in Harlingen, TX are decreasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $171,000 | -3.5% |
| Single Family | $172,000 | -3.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $139,000 | -1.4% |
3 Bed | $202,000 | -1.0% |
4 Bed | $273,000 | 0.7% |
| 5 Bed | $359,000 | 0.8% |
% of Housing Stock
Rental Trends — Harlingen, TX
As of July '25, Rentcast reports the average rent in Harlingen, TX is $1,200, with a year-over-year rent change of -1.6%. Per bedroom, the median rent as of July '25 in Harlingen, TX is studios: $970, 1-bedrooms: $802, 2-bedrooms: $1,070, 3-bedrooms: $1,670, 4-bedrooms: $2,140. The most common rental property sizes in Harlingen, TX are 2-bedroom and 1-bedroom, accounting for 42.0% and 25.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,200 |
| Studio Rent | $450 | $970 |
| 1 Bed Rent | $729 | $802 |
| 2 Bed Rent | $1,050 | $1,070 |
| 3 Bed Rent | $1,650 | $1,670 |
| 4 Bed Rent | $2,200 | $2,140 |
% of Rental Stock
Property Listings — Harlingen, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Harlingen, TX is 74. This is a increase of 5.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $238,000 | 10.0% |
Listing Count | 198 | 20.0% |
| Listings as % of Homes | 0.5% | 20.0% |
Days on Market | 74 | 5.0% |
Demographics — Harlingen, TX
As of the latest ACS Survey released in 2023, Harlingen, TX has a population of 54,200, which has increased by 3.7% over the past 5 years. Harlingen, TX is a popular place for families, as children make up 28.6% of the population. The area has a poorly educated workforce, with 21.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 54,200 | 3.7% |
% Under 18 | 28.6% | -11.5% |
% Seniors | 16.1% | 22.0% |
% WFH | 8.9% | 206.9% |
% w/ College Degree | 21.7% | 26.9% |
As of the latest ACS Survey released in 2023, Harlingen, TX is a predominantly hispanic area, with 82.8% of the population identifying as hispanic. The hispanic population has shrunk by 0.7% in the last 5 years. The second most common race or ethnicity in Harlingen, TX is white, making up 13.9% of the population. Foreign-born residents account for 13.6% of the population in Harlingen, TX, and this percentage has decreased by 6.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 13.9% | -2.8% |
% Black | 2.1% | 133.3% |
% Hispanic | 82.8% | -0.7% |
% Asian | 0.9% | -10.0% |
% Foreign Born | 13.6% | -6.2% |
Mortgage and Risk — Harlingen, TX
According to HUD data as of 2023, there were 356 mortgage originations in Harlingen, TX, of which 56.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 51.0% above 90% LTV (very high). This implies large mortgage risk in Harlingen, TX. Investor activity is low, as 7.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 356 |
% Conventional Loans | 56.0% |
% Government Loans | 44.0% |
% Investor Loans | 7.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Harlingen, TX
As of 2024, the percent of homes in Harlingen, TX under the Section 8 program is 10.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Harlingen, TX, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,375 |
Total Units Section 8 | 1,001 |
% Rentals under Section 8 | 10.8% |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $31 | $729 | $760 |
| 2 Bedroom | -$100 | $1,050 | $950 |
| 3 Bedroom | -$380 | $1,650 | $1,270 |
| 4 Bedroom | -$890 | $2,200 | $1,310 |
Affordability — Harlingen, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $171,000 |
| Median Household Income | $51,500 |