78516
Alamo, Texas.
Alamo, Hidalgo County, TX · McAllen-Edinburg-Mission, TX metro · population 34,370
to buy the typical home at today's mortgage rate — +$524 (+151%) since Jan 2020.
- 1 year
- Up $5,092 +3%
- $160,572$165,664 since Sep 2025
- 5 years
- Up $42,896 +35%
- $122,768$165,664 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 78516$870
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 12 years.
Typical home values in zip 78516 rose 3.2% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Alamo, TX — measured over the city limits, which is a different area from this zip.
Asking rent — 78516
Against the McAllen-Edinburg-Mission, TX metro and the national benchmark.
- 78516$1,331
- McAllen$1,119
- United States$1,932
Typical home value — 78516
Mid-tier homes, smoothed and seasonally adjusted.
- 78516$165,664
- McAllen$188,971
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 2.6 | 78589 | San Juan | 40,231 | — | $179,458 |
| 4.4 | 78537 | Donna | 51,426 | $976 | $147,006 |
| 4.7 | 78577 | Pharr | 80,540 | $1,112 | $160,637 |
| 7.9 | 78596 | Weslaco | 39,518 | $1,127 | $162,236 |
| 8.3 | 78503 | Mcallen | 22,621 | $1,251 | $178,552 |
| 8.5 | 78557 | Hidalgo | 14,498 | — | $189,145 |
| 9.0 | 78501 | Mcallen | 58,935 | $1,183 | $194,342 |
| 9.5 | 78599 | Weslaco | 35,454 | $1,109 | $185,825 |
| 10.3 | 78539 | Edinburg | 37,168 | $1,147 | $239,971 |
| 11.4 | 78579 | Progreso | 2,039 | — | $125,958 |
| 11.8 | 78504 | Mcallen | 63,094 | $1,684 | $263,666 |
| 13.1 | 78543 | Elsa | 8,400 | — | $121,003 |
| 13.1 | 78570 | Mercedes | 34,348 | $818 | $133,807 |
| 15.2 | 78572 | Mission | 78,024 | $1,327 | $193,376 |
| 15.6 | 78573 | Mission | 44,809 | $1,071 | $209,883 |
| 17.3 | 78562 | La Villa | 3,211 | — | $106,326 |
| 18.1 | 78538 | Edcouch | 11,982 | — | $145,977 |
| 18.1 | 78559 | La Feria | 12,169 | — | $179,869 |
| 19.5 | 78574 | Mission | 62,456 | $1,592 | $190,121 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.