Photo: Akissforme · CC BY-SA 3.081 homes sold in Mercedes in the last year, at a typical $217K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Mercedes homes are listed.
Every place Mercedes homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Mercedes.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 92% of Mercedes’ sales, at a typical $192K (year to May 2026)
81 homes sold in the year to September 2026.
typical sale · 70 sold in the year to May 2026
- Per square foot
- $141TX $173
- Days to sell
- 119
- Sold over asking
- 11%
- Listings with a price cut
- 18%
Multi-family (2–4 units): 6 sold, typical $455K
Too few sales in 12 months for reliable figures.
More homes sell than most years, at 2.2 times the 2016 price
81 sales in the last year, against 68 in 2025 and a low of 31 in 2018. The typical sale went from $99K in 2016 to $217K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $200K buys in Mercedes
Check a listing against what Mercedes homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Mercedes are back to pre-pandemic levels, and more homes are for sale
We read every month of Mercedes’ home sales since 2016 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 81 sales.
If you’re buying in Mercedes
- Shop in January. It brings about 10 new listings a month, close to the busiest month, with fewer bidding wars (13% over asking).
- Offer under asking. Buyers paid 97% of the list price on average; 14% paid over.
- You’ll usually have time. Only 9% of homes go under contract within two weeks; the typical one takes 157 days.
Spring brings both the most homes and the most bidding wars
March has the most new listings (about 12 a month), but April is the most competitive: 20% of April sales close over asking. January offers nearly as much choice with fewer homes bid up (13%). November has the least competition (9%) but only about 6 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Texas as a whole
| Mercedes now | 2017–19 | 2021 peak | TX now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 14% | 14% | 31% | 11% |
| Gone within two weeksShare of homes under contract within 14 days | 9% | 5% | 30% | 20% |
| Price paid vs. askingAverage sale price ÷ list price | 97% | 96.5% | 96.9% | 96.9% |
| Days to sellMedian days from listing to contract | 157 | 128 | 77 | 74 |
68 homes for sale on a typical day
That’s 5 times the 2021 low (14) and 111% more than in 2017–19.
Mercedes ranks 123rd of 389 busy Texas markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Mercedes is in the middle of the pack.
Source: Redfin Data Center, city figures, January 2016 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Mercedes home costs about $1,443 a month
Price: Mercedes’ typical sale, last 12 months. Property tax at Mercedes’ 1.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Mercedes is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in March
The month with the most choice. November has the fewest, about 6.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $217K home, about $3,720 a year.
Taxes vs. neighborsSchools
The schools grade for Mercedes, from test results, graduation and how much students grow.
Schools in MercedesTypical commute
The average one-way trip to work for people who live in Mercedes.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Midway South, Donna and Palm Valley sell for less a square foot
The busier markets within 25 miles of Mercedes, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Weslaco | 280 | $235K | $142 | 14% | 123 |
| Mercedes | 81 | $217K | $146 | 14% | 157 |
| La Feria | 67 | $220K | $143 | 5% | 112 |
| Donna | 44 | $203K | $139 | 23% | 122 |
| Midway North | 40 | $268K | $172 | 32% | 79 |
| Palm Valley | 35 | $294K | $130 | 0% | 118 |
| Midway South | 20 | $149K | $129 | 10% | 120 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Mercedes, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Mercedes. People who follow the town see it, and so do people comparing Mercedes with their own town. No commission, no listing fee.
Questions about buying a home in Mercedes
What do homes sell for in Mercedes, TX?
81 homes sold in the year to September 2026 at a typical $217K, $146 a square foot.
Is Mercedes a buyer’s or seller’s market?
A buyer’s market: 66 homes were for sale in September 2026 and 7 sold, about 9 months of supply. Buyers paid 97% of asking on average.
When is the best time to buy in Mercedes?
March brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Mercedes?
About 1.7% of a home’s value a year. On a $217K home that’s near $3,720.
Where can I see homes for sale in Mercedes?
Zillow, Redfin, Realtor.com and Homes.com all carry Mercedes’ MLS listings; the search links above open each one filtered to Mercedes.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).