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Progreso Lakes, TX

Full City Profile · Texas · Cameron County County

3.4 /5.0
B Good
291 Population 139/sq mi density
$95,000 Median Income $44,578 per capita
$229,700 Home Value $347,319 Zillow
75°F Avg Temperature 312 sunny days/yr
1,207 Violent Crime/100K 7,083 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$95,000 median income, 9.1% unemployment
A+
Affordability
5.0 / 5.0
$229,700 home value, /mo rent
F
Safety
1.0 / 5.0
1,207 violent crimes/100K (218% above avg)
B+
Education
3.9 / 5.0
36.5% bachelor's degree or higher

Housing Overview

Median Home Value
$229,700
19% below
US avg: $281,900
Homeownership Rate
83.0%
27% above US avg (65.4%)
Total Housing Units
98
Median year built: 1991

Home Value by Source

Census Median
$229,700
Zillow (ZHVI)
$347,319
Median Sale Price
$349,000
Median List Price
$725,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

83.0%
Owner-Occupied
17.0%
Renter-Occupied
83%
17%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$887/mo
1 Bedroom
$935/mo
2 Bedroom
$1,149/mo
3 Bedroom
$1,497/mo
4 Bedroom
$1,733/mo

Market Indicators (Redfin)

Median Days on Market
231 days
Sale-to-List Ratio
0.0%
Buyers market
Homes Sold
1
Price Drops
14.3%
of listings with price reduction
Price Per Sq Ft
$76
Active Inventory
7
homes for sale

Affordability & Housing Stock

Rent Burden
30.5%
of renters spending 30%+ of income on housing
2% below US avg (31.0%)
Median Year Built
1991
Average age of housing stock: 35 years
Homeownership Rate
83.0%

Complete Housing Data

Home Values

Census Median Value$229,700
Zillow Home Value (ZHVI)$347,319
Median Sale Price$349,000
Median List Price$725,000
Price Per Sq Ft$76

Rent

FMR Studio$887
FMR 1-Bedroom$935
FMR 2-Bedroom$1,149
FMR 3-Bedroom$1,497
FMR 4-Bedroom$1,733

Market

Days on Market231
Sale-to-List Ratio0.0%
Price Drops14.3%
Homes Sold1
Active Inventory7
Price Per Sq Ft$76

Ownership & Stock

Owner-Occupied83.0%
Renter-Occupied17.0%
Homeownership Rate83.0%
Total Housing Units98
Median Year Built1991
Rent Burden30.5%