Is Mercedes, TX 78570 a buyer’s or seller’s market?
Mercedes is a buyer’s market. With about 7.3 months of supply, buyers usually have more time and more room to negotiate on price and terms.
Months of supply7.3Under 4 months = seller’s market
Sold above original list11.8%Share of sales, last 3 months
Median sale-to-list97.9%Sold price ÷ list price
Median days on market87Listing to accepted offer
Median price per sq ft$156▲ +5.1% vs. last year
Run the numbers for 78570
Nearby markets
Alamo 78516Buyer’s market $138 /sq ftDonna 78537Buyer’s market $150 /sq ftEdcouch 78538Buyer’s market $135 /sq ftEdinburg 78539Balanced $140 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology