Mercedes, TX housing market: September 2026
What's happening in the Mercedes market right now.
Buyer's or seller's market?
Mercedes, TX leans toward a buyer's market: homes in Hidalgo County take a median of 78 days to sell, and the number for sale is +5.5% on a year ago. Buyers have room to negotiate; sellers should price carefully.
12-month outlook
−2.5% to +1.5% for the typical Mercedes home value over the next 12 months.
A projection from past prices (the trend of the last 3 and 12 months, damped), not a prediction or advice. Local conditions can move faster than any trend.
Sources: Zillow Home Value Index, September 2026 · Zillow Observed Rent Index, September 2026 · Realtor.com county data, September 2026. Listing figures are for Hidalgo County as a whole.
Mercedes market — questions answered
What is the typical home value in Mercedes, TX?
$136,508 as of September 2026, +0.1% on a year earlier (Zillow Home Value Index).
Are home prices going up in Mercedes, TX?
Yes — the typical home value changed +0.1% over the year to September 2026 and +36.4% over five years.
Is Mercedes, TX a buyer's or seller's market?
It leans toward buyers: the median home in Hidalgo County sells in 78 days (Realtor.com, September 2026).
How much is rent in Mercedes, TX?
The typical rent is $818 a month as of September 2026 (Zillow Observed Rent Index).
How many homes are for sale in Mercedes, TX?
3,406 homes were listed for sale across Hidalgo County in September 2026 (Realtor.com).
Who are the best real estate agents in Mercedes, TX?
Homegrity lists licensed agents in Mercedes, each license verified against the state register. Placement is never bought. The nearest page listing agents is La Feria, TX: /real-estate-agents/la-feria.