House Prices

House Prices & Home Values Mercedes, TX 2026


Average Data

average house price$250,200
average size per house1920 ft²
average price per ft²131 $ / ft²

05/23/2026 - The value range (VR) for house prices in Mercedes, TX is $153/ sqft to $153/ sqft. An average home with 1920 sqft costs approximately $293,760 to $293,760. Mercedes, TX includes 1 ZIP codes and it is located in Hidalgo county. The lowest prices are found in ZIP 78570, while the highest are in ZIP 78570. The average price per sqare feet is $131. Our analysis is based on 5 property listings.

Avergage prices by ZIP codes Mercedes

78570160 $ / ft²




Historical development of home values in Mercedes

Year Estimated value (USD) Change vs. 2025
2010 $116,197 -53.6%
2011 $111,704 -55.4%
2012 $111,403 -55.5%
2013 $115,567 -53.8%
2014 $121,314 -51.5%
2015 $127,540 -49.0%
2016 $134,196 -46.4%
2017 $141,439 -43.5%
2018 $149,259 -40.3%
2019 $156,179 -37.6%
2020 $164,253 -34.4%
2021 $186,820 -25.3%
2022 $217,790 -13.0%
2023 $229,670 -8.2%
2024 $242,957 -2.9%
2025 $250,200 0.0%

Graph: estimated home values in Mercedes over time (USD)



Example: 100% financing house in Mercedes

Loan amount: $250,200

Interest rate: 6.00%

Fixed monthly payment: $1,500.08

Breakdown in the 1st month:
Interest portion: $1,251.00  –  Principal portion: $249.08

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $14,928.42 $3,072.49 $247,127.51
2 $14,738.92 $3,261.99 $243,865.53
3 $14,537.72 $3,463.18 $240,402.34
4 $14,324.12 $3,676.78 $236,725.56
5 $14,097.35 $3,903.56 $232,822.00
6 $13,856.58 $4,144.32 $228,677.68
7 $13,600.97 $4,399.94 $224,277.74
8 $13,329.59 $4,671.31 $219,606.43
9 $13,041.48 $4,959.43 $214,647.00
10 $12,735.59 $5,265.32 $209,381.68
11 $12,410.84 $5,590.07 $203,791.61
12 $12,066.05 $5,934.85 $197,856.76
13 $11,700.00 $6,300.90 $191,555.86
14 $11,311.38 $6,689.53 $184,866.33
15 $10,898.78 $7,102.12 $177,764.21
16 $10,460.74 $7,540.17 $170,224.04
17 $9,995.68 $8,005.23 $162,218.82
18 $9,501.93 $8,498.97 $153,719.84
19 $8,977.73 $9,023.17 $144,696.67
20 $8,421.21 $9,579.70 $135,116.97
21 $7,830.35 $10,170.55 $124,946.42
22 $7,203.05 $10,797.85 $114,148.57
23 $6,537.06 $11,463.84 $102,684.73
24 $5,830.00 $12,170.90 $90,513.82
25 $5,079.33 $12,921.58 $77,592.24
26 $4,282.35 $13,718.55 $63,873.69
27 $3,436.22 $14,564.68 $49,309.00
28 $2,537.90 $15,463.00 $33,846.00
29 $1,584.18 $16,416.73 $17,429.27
30 $571.63 $17,429.27 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Mercedes, TX


1500 sqft3900 sqft
Ø selling price$237,766$505,792
Ø fast selling$216,151$455,212
Ø high price sale$259,381$556,371

In 2026, houses in Mercedes, TX will be offered at an average price of $131 per square foot. A 1,500 sqft home priced at $237,766 is 23.97% more expensive per square foot than a 3,900 sqft home priced at $505,792. Home prices in Mercedes, TX vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $350,163. Sellers who can wait longer may achieve a higher price of up to $427,978.


Discover Mercedes, TX

Mercedes, Texas, known as the ?Queen City of the Valley,? sits in the heart of the Rio Grande Valley and blends small-town warmth with regional convenience.
Located along the I-2/US 83 corridor between McAllen and Harlingen, Mercedes offers quick access to South Padre Island beaches and airports in Harlingen and McAllen.

Shopping and Events

Shoppers flock to the Rio Grande Valley Premium Outlets in Mercedes, a major retail destination with national brands and seasonal deals.
The city is home to the Rio Grande Valley Livestock Show & Rodeo, drawing families and ag enthusiasts to the showgrounds each spring.

Outdoors and Lifestyle

Outdoor lovers find year-round birding and butterfly watching at nearby World Birding Center sites like Estero Llano Grande State Park in Weslaco.
Neighborhoods range from historic bungalows to new builds, and the Mercedes ISD anchors local education with community-focused programs.
Dining in Mercedes highlights authentic Tex-Mex, barbecue, and food-truck favorites that reflect the area?s rich bicultural heritage.

Business and Things to Do

Businesses benefit from a strategic border economy, logistics connections, and a growing workforce linked to UT Rio Grande Valley and regional training centers.
For travelers and weekenders, top things to do in Mercedes, TX include outlet shopping, rodeo events, seasonal festivals, and scenic drives through citrus country.
Whether you are relocating, investing, or planning a visit, Mercedes, TX delivers affordability, friendly neighborhoods, and a central location that makes exploring the Valley easy.



FAQ – Home Values in Mercedes

What is the median home value in Mercedes in 2026?

In 2026, the typical home value in Mercedes is about $250,200 for an average home size of 1920 square feet. This corresponds to an average price of roughly $131 per square foot.

What is the average cost per square foot in Mercedes?

In 2026, homes in Mercedes sell for an average of around $131 per square foot, with a typical range between $153 and $153 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Mercedes is about 1920 square feet, with an estimated 2026 value around $250,200.



Locations close to Mercedes, TX

Mission, TX173 $ / ft²
Olmito, TX120 $ / ft²
Penitas, TX96 $ / ft²
Lyford, TX103 $ / ft²
Los Indios, TX96 $ / ft²
Los Fresnos, TX139 $ / ft²
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