Is now a good time to buy land in Pharr, Texas?
Pharr, Texas is currently a strong buyer's market with 50.2 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Dec 2025
50.2 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 4 | 18 | 29 |
| 1-2 acres | - | - | 2 | 2 |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | 2 | 4 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 4 | 22 | 36 |
Pharr, Texas is currently a strong buyer's market with 50.2 months of supply. Buyers have more negotiating power and can take time to find the right property.
Pharr, Texas currently has 50.2 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The current absorption rate in Pharr, Texas is 2.0% (3-month basis), indicating slow demand. The top-performing broker in this market is Big Realty.
There are currently 67 active listings in Pharr, Texas. 27 new listings have hit the market in the last 90 days. The median asking price is $158K.
Over the past 12 months, Pharr, Texas saw 37 properties sold. In just the last 3 months, 4 properties changed hands.
The 3-month absorption rate in Pharr, Texas is 2.0%. The 12-month rate is 4.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Pharr, Texas typically sells within 120 days of listing. The median time on market is 48 days. Properties are moving slowly in the current strong buyer's market.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
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