Weslaco, TX—78599
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 $182,000, with a year-over-year change of 0.9%. This indicates that home prices in Weslaco, TX are flat. 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 | $182,000 | 0.9% |
| Single Family | $183,000 | 0.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $118,000 | 0.0% |
3 Bed | $181,000 | 0.6% |
4 Bed | $276,000 | 1.8% |
| 5 Bed | $337,000 | 2.7% |
% of Housing Stock
Rental Trends — Weslaco, TX
As of July '25, Rentcast reports the average rent in Weslaco, TX is $1,220, with a year-over-year rent change of 2.5%. Per bedroom, the median rent as of July '25 in Weslaco, TX is 1-bedrooms: $890, 2-bedrooms: $1,010, 3-bedrooms: $1,380, 4-bedrooms: $1,430. The most common rental property sizes in Weslaco, TX are 2-bedroom and 3-bedroom, accounting for 43.8% and 36.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,150 | $1,220 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $831 | $890 |
| 2 Bed Rent | $1,020 | $1,010 |
| 3 Bed Rent | $1,300 | $1,380 |
| 4 Bed Rent | $1,350 | $1,430 |
% 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 71. This is a decrease of -3.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $277,000 | 2.0% |
Listing Count | 125 | 10.0% |
| Listings as % of Homes | 0.8% | 10.0% |
Days on Market | 71 | -3.0% |
Demographics — Weslaco, TX
Weslaco, TX lacks sufficient demographic data for analysis.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 35,400 | N/A |
% Under 18 | 35.8% | N/A |
% Seniors | 8.4% | N/A |
% WFH | 7.7% | N/A |
% w/ College Degree | 16.0% | N/A |
Weslaco, TX lacks sufficient race and ethnicity data for analysis.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 2.1% | N/A |
% Black | 1.0% | N/A |
% Hispanic | 96.5% | N/A |
% Asian | 0.0% | N/A |
% Foreign Born | 20.4% | N/A |
Mortgage and Risk — Weslaco, TX
According to HUD data as of 2023, there were 329 mortgage originations in Weslaco, TX, of which 51.0% of loans were conventional mortgages. The average loan-to-value was 82.0%, with 59.0% above 90% LTV (very high). This implies large mortgage risk in Weslaco, TX. Investor activity is low, as 2.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 329 |
% Conventional Loans | 51.0% |
% Government Loans | 49.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Weslaco, TX
As of 2024, the percent of homes in Weslaco, TX under the Section 8 program is 12.1%. 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. 4-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 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 411 |
Total Units Section 8 | 312 |
% Rentals under Section 8 | 12.1% |
% Occupied Section 8 | 92.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$41 | $831 | $790 |
| 2 Bedroom | -$40 | $1,020 | $980 |
| 3 Bedroom | -$30 | $1,300 | $1,270 |
| 4 Bedroom | $60 | $1,350 | $1,410 |
Affordability — Weslaco, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $182,000 |
| Median Household Income | $55,900 |