Prices, inventory, and demand — distilled every month into one clear verdict: buyer’s market or seller’s. The investor’s read, before you make an offer.
The median asking price in Mission is about $275,000 as of Oct 2026, down 3.2% from a year ago. The typical listing is 4% smaller than a year ago, and asking price per square foot is flat. So the size of homes on the market explains much of the drop. That is the asking price on listed homes, so sold-price and home-value sites show different numbers (why).
Only on the right house. Neither side has the upper hand in Mission right now. Mission is close to its 2017–2019 normal for this time of year. The market will not hand you a discount. You have to find it in one specific listing.
Mission asking prices per square foot were above the year before in 92% of months since the data starts. Within a year, the cheapest and priciest months differ by about 5.9%. That is bigger than the yearly trend, so timing your purchase matters here. Nothing in Mission's numbers is far from its own normal. Your return comes from the property and the price you negotiate.
The median asking price is 14.2% below its May 2022 peak. Per square foot the gap is smaller: 1.2% below the Jan 2025 high. Part of the drop is smaller homes coming to market. Prices stopped falling about a year ago. They are flat now. Waiting will not get you a cheaper house. It might still get you a more motivated seller. Mission prices have risen in 103 of the last 112 months. Drops here have been short and shallow. Buying in a slow month has rarely hurt a long hold.
This market is turning. Which way is not settled yet. Check the monthly numbers above before you commit.
Ranked among the 77 Texas markets we track:
Pending-sale counts for Mission were thinly reported until recently, so this page reads demand from how long listings stay on the market, how many sellers cut, and how much is for sale. Few sellers are dropping their price. Asking prices are holding firm. Your discount will come from one stale listing.
Mission listings spend a median 80 days on the market. There are 776 homes for sale in Mission. That is 3.4 times the tightest month on record, but below the peak of 815. Supply is steady against last year.
In Mission, 27 out of every 100 households rent. Most own their home. That share has held steady for five years. Mission added about 1,600 renter households in five years. Renter households here average 3.1 people. Families rent here. Buy bedrooms. Studios will sit.
Households grew 13% in five years. The housing stock grew 11%. Demand is outrunning supply. 13.8% of homes sit empty. Tenants have options. Budget extra weeks of vacancy between leases.
The median Mission household earns $53,880 a year. Incomes here have grown 6.2% a year since 2019. Incomes are rising faster than home prices. Affordability is improving. A typical home costs 5.1 times the median income. That is the national middle. Neither cash flow nor appreciation is free here. At 30% of income, a tenant on the median income can pay about $1,347 a month.
To see what one Mission address would rent for and cash flow, run it through the app.
Read how rent-to-price works and how we read these numbers, then run the numbers on a deal.
The median asking price in Mission is about $275,000 as of Oct 2026, down 3.2% from a year ago. The typical listing is 4% smaller than a year ago, and asking price per square foot is flat. So the size of homes on the market explains much of the drop. This is the asking price on homes listed for sale. Sites that report sold prices or estimated home values will show a different number. Our Mission figures cover the 3 ZIP codes with a Mission mailing address, which can reach past city limits.
Neither side has the upper hand in Mission right now. We compare Mission with 2017–2019 at this time of year: there are 30% more homes for sale; listings spend 9% fewer days on the market; 12% of sellers have cut their price, against 12% then.
The median asking price is 14.2% below its May 2022 peak. Per square foot the gap is smaller: 1.2% below the Jan 2025 high. Part of the drop is smaller homes coming to market. Prices stopped falling about a year ago. They are flat now. Waiting will not get you a cheaper house. It might still get you a more motivated seller.
Across 9 full years, Mission asking prices ran lowest in January, about 4.0% below the year's average. They peaked in July. The most homes for sale show up in November, about 4% above the yearly average.
Assume +4.8% a year. Mission has grown about 4.8% a year for five years and for ten. That pace held before and after the 2020–2021 boom, so it is a fair long-run input. Prices were flat over the last year.
HUD's fiscal year 2026 fair market rent for Hidalgo County is $1,060 a month for 2 bedrooms and $1,376 for 3 bedrooms. The figures include tenant-paid utilities and cover the whole county.
Closest matches on asking price, price per square foot, time on market, buyer demand, and price cuts.
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