Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$105,669−5.2% YoY · prices are falling fast
Market right nowBalanced, leaning sellersFewer homes for sale than last year, 0% have cut their price
Income needed to buy, per year$22,907About 0.5× the local median income ($48,112): affordable for a typical household
Days on market159 daysFaster than a year ago: sellers have the edge
The typical home in Hidalgo County, NM is worth $105,669, down 5.2% from a year ago. It is a balanced market, leaning toward sellers: homes take about 159 days to sell, listings are down 38% from a year ago, 0% of listings have had a price cut. A household needs about $22,907 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $48,112. In the latest IRS figures, 38 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$105,669
Change in 1 year
−5.2%
Home value to income
2.2×
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Monthly mortgage payment (20% down)
$573
Income needed to afford it
$22,907
Property tax rate
0.48%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,014
Market activity
Listings vs a year ago
−37.5%
Days on market
159
Listings with a price cut
0.0%
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Homes for sale
5
Pending sales per 100 listings
80
Asking price per sq ft
$115
People and jobs
Median household income
$48,112
Population change (1 year)
−0.6%
Unemployment rate
3.5%
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Population
3,929
Income adjusted for cost of living
$56,009
Net moves in (IRS)
−38
Cost of living (US = 100)
85.9
Schools, risk and environment
School rating (1 to 10)
4.2
FEMA hazard risk score (0 to 100)
8.9
Flood risk score
14.9
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Wildfire risk score
83.0
Walkability (1 to 20)
8.3
Road, rail and air noise
52 dB
Questions people ask
Is Hidalgo County, NM a buyer's or seller's market?
Hidalgo County, NM is a balanced market, leaning toward sellers: homes take about 159 days to sell, listings are down 38% from a year ago, 0% of listings have had a price cut.
Are home prices going down in Hidalgo County, NM?
Home values in Hidalgo County, NM are down 5.2% over the last year.
How much do you need to earn to buy a home in Hidalgo County, NM?
A household needs about $22,907 a year to afford the typical home in Hidalgo County, NM at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $48,112.