Mercedes, TX Home Values & Market Trends
Real estate market trends reflect that there have been 196 transactions over the past year in Mercedes. The median value for residential home transactions that occurred over the previous year is $189,000. The number of current listings in Mercedes is 196, and the percentage of properties for sale in the city is 196.00%. Mercedes, TX currently has 19 properties in foreclosure, 6 bank owned properties, 13 properties headed for auction, and 196 properties for sale.
Mercedes, TX Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 78570 | $ 189,000 $ 139/sqft |
Housing Market Summary for Mercedes, TX
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $192.3K | $207.4K | 7.91% |
| Median Sold Price | $152.2K | $129.5K | -14.93% |
| Homes For Sale | 125 | 190 | 52.00% |
| Homes Sold | 127 | 168 | 32.28% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Mercedes, TX
Browse Homes in Mercedes, TX
Mercedes home values range from $34,000 to $599,000. The median estimated value of a home in Mercedes is $189,000. The median list price of a home is 207,450, and the total count of properties in the city is 400.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Mercedes, TX with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Mercedes, TX; of that zips, 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 OwnedThe median estimated home value of bank owned homes (REO properties) in Mercedes, TX ranges from the highest value of $222,227 in 78570 to the lowest value of $141,625 in 78570. Bank owned homes and properties account for 1.50% of properties in Mercedes, TX. There is 1 zips within Mercedes, TX; 78570 containing 6 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions78570 has 13 auction properties, the highest number of properties going to auction in a single zip in the state of Mercedes, TX. Auction homes and other auction properties account for 3.25% of all properties in Mercedes, TX. There is 1 zips within Mercedes, TX; of that zips, the median estimated home value for homes going to auction ranges from $361,009 in 78570 to the lowest value of $62,508 in 78570.
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Guide for Mercedes, TX
Learn the pros and cons of buying a foreclosed property and invest in a foreclosure with confidence
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 […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
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