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Is Alamo, TX 78516 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Alamo is a buyer’s market. With about 10 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply10Under 4 months = seller’s market

Sold above original list2.7%Share of sales, last 3 months

Median sale-to-list97.2%Sold price ÷ list price

Median days on market63Listing to accepted offer

Median price per sq ft$138▲ +3.5% vs. last year

Run the numbers for 78516

Prefilled for 78516Can I win this house?Multiple-offer likelihood for a listing Prefilled for 78516Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Donna 78537Buyer’s market $150 /sq ft Edcouch 78538Buyer’s market $135 /sq ft Edinburg 78539Balanced $140 /sq ft Edinburg 78541Buyer’s market $144 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology