Foreclosure Homes in Mercedes, TX

Current Market Conditions in Mercedes, TX

The Mercedes real estate market has been experiencing steady growth over the past year, driven by an influx of families seeking affordable housing options in the Rio Grande Valley region. Home values have increased consistently, but competitive pricing remains a key factor for new buyers entering the market.

Rent Prices In Mercedes, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mercedes, TX, is on a rollercoaster ride. The average rent price in Mercedes, TX, is $858.00. Indeed, when looking to rent in Mercedes, TX, you can expect to pay as little as $430.00 or as much as $3,140.00, with the average rent median estimated to be $750.00. The good news is that finding an affordable and desirable property to rent in Mercedes, TX -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.