Pharr, TX — Momentum Score, Home Values & Best-For

All states·Texas·Pharr

Hidalgo County · McAllen-Edinburg-Mission · population 81,142

Affordability
Pharr, TX
Image: Wikipedia · Pharr, Texas
OverviewCost of livingMoving guide
View watchlist →
59
Stable
Momentum score · 0–100

Where Pharr stands

Steady, no major recent move.

Median home $164,003
1-year -1.7%
5-yr CAGR +6.0%
vs 5-yr peak -3.9%
Population +0.4%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2024-06$164k$77k$111k$144k$177k201620182020202220242026

Lifestyle scores

🚶
Walkability
52/100
Somewhat walkable
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
30/100
Minimal transit
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
95/100
Excellent for remote work
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent trajectory · last 5 years

Zillow ZORI · monthly
$1,163/mo$1,014$1,134$1,255202220242026

Home value vs rent · indexed to 100

Both rebased at first month of ZORI data (~2015)
Home valueRent109108100202220242026

Rent vs buy

Price-to-rent ratio: 11.7
Buy

At a 11.7 price-to-rent ratio, buying generally beats renting in Pharr on a long-enough horizon. The headline math is that one year of mortgage payments approximates 11.7 years of rent — well below the 15+ threshold where ownership starts to dominate.

How the momentum score breaks down

methodology →
Home YoY
42 · w22%
Home 5-yr CAGR
69 · w22%
Distance from peak
67 · w18%
Population growth
54 · w16%
Rent YoY
55 · w12%
Home 10-yr CAGR
75 · w10%
Long thesis

Pharr offers a $164,003 median home with +6.0% annualized 5-year appreciation. Affordability + positive trend is one of the better risk/reward setups in US residential — small downside, room to compound.

Short thesis

Pharr's bear case is the boring one: the cycle is real and any market that's run hard can stall. Watch for slowing population growth, rising days-on-market, or builder discounts as the early warning signals.

About Pharr

Pharr is a city in Hidalgo County, Texas, with an estimated population of 81,142. It anchors the McAllen-Edinburg-Mission metro area. The median home value in Pharr is $164,003 as of 2026-04, down 1.7% over the last 12 months. Over the last five years, home values have averaged +6.0% annual growth (-3.9% from the 5-year peak). Rents in Pharr average $1,163 per month, roughly flat year-over-year (+1.6%). The composite momentum score is 59 of 100 (Stable). Conditions are neither hot nor cold, so the local fit matters more than market timing.

▲ Bull case

●Healthy 5-year run: +6.0% annualized over 5 years, outpacing US inflation.
●Cheap entry point: $164,003 median home is well below the US median of $355k — room to grow without overpaying.

▼ Bear case

○Local nuance: city-level data smooths over neighborhood differences. School zones, HOA rules, and street-level character matter — visit before deciding.

About Pharr (Wikipedia)

Pharr is a city in Hidalgo County, Texas, United States. As of the 2020 census, the city population was 79,715, and in 2022, the estimated population was 80,187. Pharr is connected by bridge to the Mexican city of Reynosa, Tamaulipas. Pharr is part of the McAllen–Edinburg–Mission and Reynosa–McAllen metropolitan areas.

Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.

City facts

MayorJonathan B. Flores
Area23.65 sq mi
Elevation112 ft
IncorporatedFebruary 22, 1916Cite web
Density3348.51/sq mi

Extracted from the Wikipedia infobox. Values may be slightly out of date relative to the latest sources.

Playbook

Buyer

Lifestyle fit matters more than market timing in a Stable market. Take your time on the home and neighborhood; the macro trend isn't urgent. Negotiate normally.

Seller

Price competitively from day one or risk a 60+ day listing. Staging, photography, and presentation matter more in Stable markets than in Hot ones.

Investor

Stable cap rates, no big appreciation story to lean on. Underwrite this as a pure cash-flow play — the math has to work on rent alone.

Local safety & alerts

No active National Weather Service alerts for Hidalgo County right now.

NWS active alerts (TX)Texas Emergency ManagementHow to prepare (NWS)

Public-safety links are official .gov sources, not curated by us. Hidalgo County routes NWS alerts; check the state EM portal for non-weather emergencies.

Cities like Pharr

Harlingen, TX58 · StableWichita Falls, TX65 · RisingKilleen, TX58 · StableTyler, TX64 · Rising

Run the numbers for Pharr

ToolCan I afford Pharr?Income → city shortlistToolROI on a Pharr rentalCap rate, cash-on-cash, DSCRToolCompare Pharr to anywhereSide-by-side up to 3 citiesToolPharr cost-of-livingEquivalent income elsewhere

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
60° / 39°
avg high / low
Summer (Jul)
95° / 73°
avg high / low
Sunny days/yr
232
~64% of year
Annual precip
29″ rain
1″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
High
Tornado
Very high
Wildfire
Moderate
Earthquake
Low
Flood
Very high

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Pharr listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local news & community

Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.

Local sports teams

Major professional teams the McAllen-Edinburg-Mission area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Local economy & environment

Humidity
64%
Moderate climate
Median household income
$73,000
Texas state median
Top industries (state-level)
Energy/Oil & GasTech (Austin)Healthcare

Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.

Cities similar to Pharr

Explore other places with comparable momentum or affordability.

See all Texas cities →    Browse best-of lists →