Housing in Mercedes, TX

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$213,000

Median List Price

$219,500

Price Per Sq Ft

$146

Days on Market

220

Active Inventory

73

Months of Supply

14.6

Buyer's market

Zillow Home Value

$136,104

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 26.0%List Price 5.0%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

40.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

100.2%

Seller's market

Sold Above Asking
40.0%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
20.6%

Market Activity

Source: Redfin

Homes Sold

5

New Listings

9

Pending Sales

5

Homes Sold 0.0%New Listings 76.9%Pending 28.6%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$146

Median List $/SF

$162

Sale $/SF 22.7%List $/SF 0.6%Mar 24Jan 26

Mercedes vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Mercedes is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$107,700

Median Rent

$676

Total Housing Units

6,114

Vacancy Rate

17.8%

Owner Occupied

64.4%

Renter Occupied

35.6%

Median Property Tax

$1,885

per year

Monthly Cost (w/ Mortgage)

$727

Housing Types

Single Family
60.8%
Multi-Family
21.0%
Mobile Home
18.3%

The current median sale price in Mercedes, TX is $213,000 according to Redfin data. Homes spend a median of 220 days on the market. 40.0% of homes sold above asking price. The market has 14.6 months of supply. The median price per square foot is $146. The median rent is $676 per month (Census ACS). About 64.4% of housing units are owner-occupied. The median year homes were built is 1988. There are 6,114 total housing units.