Mission, Texas.
Typical home $219,375 (-1.1% in a year), asking rent $1,319 (-0.5%). McAllen-Edinburg-Mission, TX metro.
to buy the typical home at today's mortgage rate — +$615 (+115%) since Jan 2020.
- 1 year
- Down $2,470 -1%
- $221,845$219,375 since Sep 2025
- 5 years
- Up $42,849 +24%
- $176,526$219,375 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.
- Mission$1,151
- Texas$1,565
- United States$1,932
At the last five years' pace, a typical home here doubles in price every 16 years.
Typical home values in Mission, TX fell 1.2% over the past year — slower than the nation's +1.2%.
Asking rents in Mission, TX fell 0.5% over the past year — slower than the nation's +2.7%.
Owning the typical home in Mission runs $363/mo more than renting one. The gap peaked at $420 in May 2024.
That is $1,682 a month against $1,319 rent: a $1,151 mortgage payment, plus $296 property tax and $235 insurance & upkeep.
Owning vs renting — Mission
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$1,682
- Renting$1,319
- Mortgage only$1,151
Property tax · $296/mo 1.62% of value a year — the ACS 2020-2024 median bill over the median home value for Hidalgo County, TX
Insurance & upkeep · $235/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Mission, Hidalgo County, Texas
Mission is a city of 85,778 people in Hidalgo County. Half its households earn more than $60,767 a year and half less, against $54,338 across Hidalgo County; 19% of its people live below the poverty line. 71% of its homes are lived in by their owners and 29% are rented. Unemployment in Mission was 5.7% in August 2026, and Hidalgo County had 1.6% more jobs in 2025 than the year before. The most residents work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Mission is a city in Hidalgo County, in the Rio Grande Valley of south Texas. It is a large place, with a younger population than many American towns. Household incomes run higher than across the county, though a good share of residents still live below the poverty line. Most homes are lived in by their owners, and typical rents and home values are what you would expect for a mid-sized Texas city.
Work. Most residents work in schools, hospitals and social care, in shops, in professional and business services, or in the building trades. Among the largest workplaces in Mission are Mission Cisd Schools, Sharyland ISD and Mission Regional Medical Center. Hidalgo County added jobs last year, and unemployment in Mission is a little lower than a year ago. A typical commute is short, and few people work from home.
Things to do. The Border Theater is in or beside town, and the National Butterfly Center and Bentsen-Rio Grande Valley State Park are protected areas a short drive away, good for time outdoors. The McAllen Botanical Gardens are also a short drive away. Winters here are mild and summers are very hot, with little rain through the year.
Report a mistake
- 28,874households
- 29%of adults have a degree
- 19%below the poverty line
- 20 mintypical commute
- 10%work from home
What residents work in
Employed residents by industry, from the Census survey. Hidalgo County had 296,499 jobs in 2025, 1.6% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 73° and lows near 53°; warmest in August, with highs near 100° and lows near 79°. About 22 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Mcallen Miller International Airport weather station, 5 miles away (NOAA).
Largest workplaces in Mission
- Mission CisdSchool district2,288FTE
- Sharyland ISDSchool district1,355FTE
- Mission Regional Medical CenterGeneral hospital664FTE
- H-E-BRetail445
- WalmartWarehouse clubs and supercenters284
- Royal Technologies195
- Stanley Black and Decker MissionBuffing machines, handheld power-driven, manufacturing188
- TargetDiscount department stores178
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 21 workplaces with 20 or more staff, 2,498 people in all. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- HurricanesRelatively high
- Cold wavesRelatively high
- Hailrelatively high in parts of MissionRelatively moderate
- Heat wavesRelatively moderate
- Ice stormsRelatively moderate
- Winter weatherRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Mission’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Hidalgo County and the McAllen-Edinburg-Mission, TX metro.
Mission home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Mission$219,375
- Texas$298,143
- United States$368,138
Sellers are cutting prices on about 1 in 6 Mission listings, and the typical home goes pending in 71 days — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Mission16.97%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Mission71
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Mission485
New listings per month
Sellers arriving at the market.
- Mission76
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Mission$237,033
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Mission95.81%
Zip codes with a Mission address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Mission — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.