78570 Home Values & Market Trends

There are 196 homes currently listed for 78570. 78570 real estate market trends show that home prices range from $42,000 to $975,000, and the median sales price in the 78570 zip code is $189,000. The total number of properties sold within the past twelve months is 196. In 78570, 19 properties are in foreclosure, 6 are bank owned properties,and 13 are headed for auction.

78570 Real Estate Market Overview

CityMedian Est. Value
Mercedes

$ 189,000

$ 139/sqft

Housing Market Summary for 78570

Sep 2025September 2026Change
Median Listing Price$192.3K$207.4K7.91%
Median Sold Price$152.2K$129.5K-14.93%
Homes For Sale12519052.00%
Homes Sold12716832.28%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 78570

The median list price of a home in Mercedes, is $189,000. A total of 196 properties are for sale, and the percentage of properties for sale in the zip code is 196.00%. The total count of 78570 properties is 400.

Foreclosure
There is 1 cities within 78570; within this cities, the median estimated home value for homes in foreclosure ranges from $361,009 in mercedes to the lowest value of $62,508 in mercedes. Foreclosure homes account for 4.00% of properties in 78570 with mercedes containing 19 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 78570 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 78570; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 78570 ranges from the highest value of $222,227 in mercedes to the lowest value of $141,625 in mercedes. Bank owned homes and properties account for 1.50% of properties in 78570. There is 1 cities within 78570; mercedes containing 6 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    mercedes has 13 auction properties, the highest number of properties going to auction in a single city in the state of 78570. Auction homes and other auction properties account for 3.25% of all properties in 78570. There is 1 cities within 78570; of that cities, the median estimated home value for homes going to auction ranges from $361,009 in mercedes to the lowest value of $62,508 in mercedes.
Homes for Sale
Homes and properties that are actively listed for sale account for 49.00% of residential properties in 78570 with mercedes containing 196 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 78570; homes for sale in that cities, have a range of median values from $599,000 in mercedes to the lowest value of $40,196 in mercedes.
    Sold Homes
    The median value for recently sold homes ranges from $399,900 in mercedes to the lowest price of $34,000 in mercedes. There is 1 cities within 78570. mercedes has 166 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 41.50% of properties in 78570.

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      Guide for 78570

      Home with a messy garden
      Foreclosure
      The Pros And Cons Of Buying A Foreclosed Property
      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      See More Articles
      Home with a messy garden
      The Pros And Cons Of Buying A Foreclosed Property
      Foreclosure|posted 11 August 2023

      Learn the pros and cons of buying a foreclosed property and invest in a foreclosure with confidence

      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.