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MERCEDES, TX 78570

Real Estate Market Report  ·  Hidalgo County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The MERCEDES, TX real estate market (78570) currently shows 110 active listings, with 22 pending sales. Homes are averaging 87 days on the market before going under contract.

Inventory has increased compared to last year, with 29 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 87 days on market compared to 54 days last year.

The median listing price has fallen 4.5% year-over-year, from $219,900 to $209,974.

Whether you are buying or selling in MERCEDES, TX, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 35,043  ·  Density: 179.9/mi²  ·  Median household income: $38,396

Typical home value: $84,497  ·  Homeownership: 75.2%

Market Overview

Active Listings
110
⇧ 35.8% vs 81 last year
Pending
22
20% pending ratio
Median Price
$209,974
⇩ 4.5% vs $219,900 last year
Average Price
$244,577
⇧ 3.4% vs $236,564 last year
Days on Market
87
⇧ 61.1% vs 54 days last year

Price Per Square Foot

Median $/sqft
$152
⇧ 3.4% vs $147/sqft last year
Median Home Size
1,386 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 110 this year vs 81 last year
  • Days on market: 87 now vs 54 last year

Median & Average Pricing

Year over Year
  • Median: $209,974 (-4.5% YoY)
  • Average: $244,577 (+3.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.5 miles — 1,631 listings ($482,039,164 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
78570Mercedes, TX 785700.0 mi109$24,479,111$209,900$224,579
78599Weslaco, TX 785995.9 mi131$35,464,189$257,725$270,719
78596Weslaco, TX 785967.0 mi225$62,157,150$219,975$276,254
78592Santa Maria, TX 785928.4 mi2$269,500$134,750$134,750
78537Donna, TX 785379.1 mi144$32,950,368$203,750$228,822
78543Elsa, TX 7854310.7 mi27$5,410,935$202,363$200,405
78535Combes, TX 7853512.4 mi1$227,000$227,000$227,000
78567Los Indios, TX 7856713.8 mi2$630,000$315,000$315,000
78589San Juan, TX 7858915.5 mi227$58,263,182$254,700$256,666
78586San Benito, TX 7858617.1 mi129$37,545,837$229,375$291,053
78569Lyford, TX 7856917.6 mi4$1,860,384$494,675$465,096
78501Mcallen, TX 7850120.6 mi227$62,067,929$249,250$273,427
78504Mcallen, TX 7850421.5 mi403$160,713,579$323,250$398,793

Frequently Asked Questions

How many homes are for sale in MERCEDES, TX 78570?

As of March 2026, there are 110 active listings in MERCEDES, TX (zip code 78570), compared to 81 the prior year.

What is the median home price in MERCEDES, TX 78570?

The median listing price in MERCEDES, TX 78570 is $209,974 as of March 2026, a 4.5% decrease from $219,900 the prior year.

How long do homes stay on the market in MERCEDES, TX?

Homes in MERCEDES, TX 78570 spend an average of 87 days on the market before going under contract, compared to 54 days the prior year.

Is it a seller's or buyer's market in MERCEDES, TX 78570?

Based on current inventory and days-on-market data as of March 2026, MERCEDES, TX 78570 is currently a Buyer's Market. Inventory has increased compared to last year, with 29 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 87 days on market compared to 54 days last year.

How much can I save on real estate commission in MERCEDES, TX?

With SELL123.com's maximum 3% commission, sellers in MERCEDES, TX 78570 save an estimated $4,199 compared to a typical 5% commission on the median listing price of $209,974. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.