Commercial Real Estate Market in Progreso, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
27 active listings and 87 off-market properties in Progreso, TX. Commercial property asks $141/SF to buy and $9.60/SF/Yr to lease.
Market Trends
Progreso, TX spans 5.7 square miles in Hidalgo County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Progreso, TX asks $195/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Progreso, TX asks $164/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Progreso, TX runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily space in Progreso, TX asks $111/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Market overview
Demographics & Economy
Progreso, TX has 2,637 residents in 851 households. Density runs 463 people per square mile.
2,637
Population
851
Households
3.1
Avg Household Size
30
Median Age
19%
College-Educated
53%
High-School Grad
5.7 sq mi
ZIP Area
463
Density / Sq Mi
$0
Median Household Income
$0
Median Earnings
$871
Median Rent
$0
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Thayer | $141 (county avg) | — |
| Relampago | $141 (county avg) | — |
| Mercedes | $141 (county avg) | $11.92 |
| Weslaco | $141 (county avg) | $19.49 |
Commercial property in Progreso, TX asks $141/SF. The 4 bordering markets run from $141/SF in Thayer to $141/SF in Thayer, and the city sits in line with their $141/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Progreso?
Commercial property in Progreso, TX asks an average of $141 per square foot. Office carries the highest asking price at $195/SF.
How much does it cost to lease commercial space in Progreso?
Asking lease rates in Progreso, TX average $9.60 per square foot per year.
How does Progreso compare to nearby markets on price?
Progreso, TX asks $141/SF against $141/SF in Thayer, $141/SF in Relampago, $141/SF in Mercedes and $141/SF in Weslaco.
Where does Realmo's Progreso market data come from?
Realmo compiles Progreso, TX figures from 25 active sale listings, 2 active lease listings, 87 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 25 active for-sale and 2 active for-lease listings in Progreso, TX. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
