78504 — McAllen, TX Home Values
Typical home value $267,552 as of June 2026 · 1st of 25 in McAllen-Edinburg-Mission, TX
Blue: typical home value (Zillow ZHVI) in ZIP code 78504, June 2021 to June 2026. This page shows observed data only; no forecast.
How 78504 compares in the McAllen-Edinburg-Mission, TX area
ZIP code 78504 (McAllen, TX) has a typical home value of $267,552 as of June 2026, ranking 1st of 25 ZIP codes tracked in the McAllen-Edinburg-Mission, TX area, the most expensive ZIP code in the metro. Prices here have moved +0.4% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +28.6%, from $208,021 in June 2021 to $267,552 in June 2026. Against observed rent, the typical home here sells for 13.7× the annual rent ($1,623/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the McAllen-Edinburg-Mission, TX forecast for a modeled outlook, or browse the full ranked list of ZIP codes in McAllen.
Population and demographics
ZIP code 78504 has a population of 61,816, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 83.7% Hispanic or Latino, 9.7% White, 4.7% Asian, 0.9% two or more races, 0.6% Black or African American, 0.3% American Indian or Alaska Native, and 0.1% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| BLANCA E SANCHEZ | 2901 INCARNATE WORD, MCALLEN, TX | 0.3 mi |
| MICHAEL E FOSSUM MIDDLE | 7800 N WARE RD, MCALLEN, TX | 0.8 mi |
| DR PABLO PEREZ | 7801 N MAIN, MCALLEN, TX | 1 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 78504?
$267,552 as of June 2026, the latest month Zillow has published observed data for.
Is 78504 an expensive ZIP code in the McAllen-Edinburg-Mission, TX area?
78504 ranks 1st of 25 ZIP codes in the McAllen-Edinburg-Mission, TX area by typical home value, the most expensive ZIP code in the metro.
How much have home values in 78504 changed over the past year?
+0.4% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 78504?
The typical home price is 13.7× the observed annual rent in this ZIP code ($1,623/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 78504?
61,816, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 78504?
BLANCA E SANCHEZ (0.3 mi), MICHAEL E FOSSUM MIDDLE (0.8 mi), DR PABLO PEREZ (1 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 78504?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the McAllen-Edinburg-Mission, TX forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.