Zip 78570 (Mercedes, TX) Housing

The housing market in Mercedes, TX (78570) is an attractive one for potential buyers. The median value of homes in Mercedes is $107,300, which is significantly lower than the national median value of $338,100. Additionally, homes in Mercedes have increased in value by 14.13% over the past year compared to the 8.27% appreciation rate across the United States. This makes Mercedes an attractive choice for buyers and investors alike who are looking for a great deal on real estate.

The median home cost in Mercedes (zip 78570) is $107,300. Home appreciation the last 10 years has been 75.5%. Home Appreciation in Mercedes (zip 78570) is up 23.4%.

Average Age of Homes

- The median age of Mercedes (zip 78570) real estate is 26 years old

The Rental Market in Mercedes (zip 78570)

- Renters make up 26.6% of the Mercedes (zip 78570) population
- 2.3% of houses and apartments in Mercedes (zip 78570), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Mercedes, Texas	United States
	10,984.0	139,647,020.0
	30	42
	$107,300	$338,100
	23.4%	16.6%
	56.4%	57.0%
	75.5%	101.1%
	$17.33	$10.98
	$1,199	$2,690
	61.2%	57.4%
	16.8%	11.2%
	22.0%	31.4%
Vacant Housing
	2.3%	1.9%
	0.2%	0.4%
	0.9%	0.7%
	0.2%	0.4%
	5.0%	3.6%
	8.2%	4.1%
Value of Owner-Occupied Housing
	4.4%	2.6%
	15.0%	2.4%
	22.0%	2.8%
	16.3%	3.9%
	12.3%	4.5%
	16.9%	11.3%
	5.5%	13.0%
	5.4%	20.1%
	0.1%	13.6%
	1.8%	8.3%
	0.1%	9.7%
	0.1%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	21.1%	13.6%
	21.1%	13.6%
	18.5%	13.6%
	16.6%	13.2%
	13.3%	14.8%
	18.5%	13.6%
	6.5%	10.0%
	2.0%	4.7%
	3.4%	12.2%

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