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Foreclosures in Mercedes, TX

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Mercedes, TX Foreclosures

Current Market Conditions in in Mercedes, TX As of February 2026?
In the past month, Mercedes has seen a slight increase in home prices as inventory remains tight. The competitive nature of the market means that properties are selling quickly, often above the asking price. Local realtors report an uptick in buyer interest, particularly from families and first-time homebuyers, suggesting a strong market performance in the near future.
How much do homes sell for in Mercedes, TX?
The average home price is currently $149,109.
In Mercedes, TX, how many homes are available?
There are currently 5 active home listings available in Mercedes.
What’s the average rental cost in Mercedes, TX?
The average rental price in Mercedes is $858.
What is the most expensive home in Mercedes?
The most expensive home sold in Mercedes had a price of $2,520,000.
What is currently the cheapest priced home in Mercedes, TX?
The cheapest home for sale in Mercedes is priced at $13,724.

Living in Mercedes, TX

Mercedes, Texas, offers a charming atmosphere with a rich cultural heritage. Known for its friendly community, the city features plenty of amenities, schools, and parks, making it an attractive place for families and retirees alike. With its warm climate and growing economy, Mercedes is becoming a sought-after location for homebuyers.

Buyer vs Seller Market in Mercedes, TX

The real estate market in Mercedes has shown steady growth in recent months, driven by an increase in demand for homes in the area. With the continual influx of families seeking affordability and good schools, prices have seen modest increases, making it a competitive market for buyers.

Investors are closely watching this market as it offers opportunities not only for residential purchases but also for rental properties, catering to the growing workforce in the surrounding agricultural and retail sectors.

Home Value Estimator For Mercedes, TX

There are currently 9,202 real estate properties in Mercedes, TX, with a median automated valuation model (AVM) price of $130,027.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mercedes, TX, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Mercedes, TX, is $149,109.00, with the most expensive house in Mercedes, TX, topping out at $2,520,000.00 and the cheapest home in Mercedes, TX, clocking in at $13,724.00. In other words, there’s something for every potential homebuyer or savvy investor in Mercedes, TX!

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.

Mercedes, TX Foreclosures

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