
Oak Terrace, TX Housing Market
$315,854
0.8% 1-yrThe average Oak Terrace, TX home value is $315,854, up 0.8% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Oak Terrace Key Takeaways
Typical Home Values: $315,854
1-Year Value Change: +0.8%
(Data through August 31, 2026)
Oak Terrace Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
- NameMedian ZHVI
- Santa Yesenia$238,617
- Bentsen Heights$242,653
- Montebello$174,553
- Ivory Palms Estates$224,240
- Buena Vista$206,662
- Ponderosa Park$239,058
- Olivarez$174,996
- Lincoln Terrace$187,072
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Oak Terrace Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Oak Terrace For Rent Listings
View Oak Terrace for rent listingsFrequently Asked Questions
What are the most expensive neighborhoods in McAllen, TX?
The neighborhoods with the highest median home values in McAllen, TX include: Bentsen Lakes ($445,282), North Ridge Park ($431,987), El Pacifico ($419,615), Eagle Crossing ($378,407), Falcon Crossing ($367,703).
What are the most affordable neighborhoods in McAllen, TX?
The neighborhoods with the lowest median home values in McAllen, TX include: La Paloma ($98,111), Colonia Hermosa ($112,280), Hammonds Addition ($120,139), West Addition ($128,208), College Heights ($130,694).
Which McAllen, TX neighborhoods have the fastest growing home values?
Neighborhoods with the highest year-over-year value growth in McAllen, TX include: West Addition (32.5%), College Heights (31.8%), La Paloma (30.5%), Las Villas (8.8%), Buena Vista (7.9%).

