Weslaco, TX—78596
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Weslaco, TX
Home Price Trends — Weslaco, TX
As of Oct '25, the median home price in Weslaco, TX is $161,000, with a year-over-year change of -1.1%. This indicates that home prices in Weslaco, TX are decreasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $161,000 | -1.2% |
| Single Family | $163,000 | -1.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $65,000 | -8.5% |
2 Bed | $87,000 | -8.4% |
3 Bed | $172,000 | -1.1% |
4 Bed | $256,000 | 0.4% |
| 5 Bed | $367,000 | 0.8% |
% of Housing Stock
Rental Trends — Weslaco, TX
As of July '25, Rentcast reports the average rent in Weslaco, TX is $1,150, with a year-over-year rent change of 2.7%. Per bedroom, the median rent as of July '25 in Weslaco, TX is studios: $748, 1-bedrooms: $911, 2-bedrooms: $1,020, 3-bedrooms: $1,290, 4-bedrooms: $2,300. The most common rental property sizes in Weslaco, TX are 2-bedroom and 3-bedroom, accounting for 47.2% and 25.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,120 | $1,150 |
| Studio Rent | $748 | $748 |
| 1 Bed Rent | $845 | $911 |
| 2 Bed Rent | $1,020 | $1,020 |
| 3 Bed Rent | $1,220 | $1,290 |
| 4 Bed Rent | $2,400 | $2,300 |
% of Rental Stock
Property Listings — Weslaco, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Weslaco, TX is 69. This is a increase of 7.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $245,000 | 2.0% |
Listing Count | 219 | 27.0% |
| Listings as % of Homes | 0.5% | 27.0% |
Days on Market | 69 | 7.0% |
Demographics — Weslaco, TX
As of the latest ACS Survey released in 2023, Weslaco, TX has a population of 38,900, which has decreased by -40.9% over the past 5 years. Weslaco, TX is a popular place for families, as children make up 32.0% of the population. The area has a poorly educated workforce, with 21.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 38,900 | -40.9% |
% Under 18 | 32.0% | -1.2% |
% Seniors | 15.5% | 24.0% |
% WFH | 8.3% | 16.9% |
% w/ College Degree | 21.0% | 20.7% |
As of the latest ACS Survey released in 2023, Weslaco, TX is a predominantly hispanic area, with 86.1% of the population identifying as hispanic. The hispanic population has shrunk by 5.8% in the last 5 years. The second most common race or ethnicity in Weslaco, TX is white, making up 12.6% of the population. Foreign-born residents account for 17.1% of the population in Weslaco, TX, and this percentage has decreased by 23.3% 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 | 12.6% | 68.0% |
% Black | 0.8% | 166.7% |
% Hispanic | 86.1% | -5.8% |
% Asian | 0.2% | -75.0% |
% Foreign Born | 17.1% | -23.3% |
Mortgage and Risk — Weslaco, TX
According to HUD data as of 2023, there were 245 mortgage originations in Weslaco, TX, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in Weslaco, TX. Investor activity is low, as 9.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 245 |
% Conventional Loans | 66.0% |
% Government Loans | 34.0% |
% Investor Loans | 9.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Weslaco, TX
As of 2024, the percent of homes in Weslaco, 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. 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Weslaco, TX, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 526 |
Total Units Section 8 | 461 |
% Rentals under Section 8 | 10.8% |
% Occupied Section 8 | 90.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$45 | $845 | $800 |
| 2 Bedroom | -$20 | $1,020 | $1,000 |
| 3 Bedroom | $80 | $1,220 | $1,300 |
| 4 Bedroom | -$960 | $2,400 | $1,440 |
Affordability — Weslaco, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $161,000 |
| Median Household Income | $53,800 |