Market Overview
Home Prices in Mexia, TX
The median home value in Mexia, TX is $138,771 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.3% compared to a year ago and up 2.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Mexia are priced66% below average.
Over the past five years, Mexia home values have risen by approximately21.4%, reflecting strong long-term appreciation in this market.
Price History
Mexia Home Price Trend
2020
$97,680
$98K
—
2021
$114,332
$114K
+17.0%
2022
$135,769
$136K
+18.7%
2023
$139,002
$139K
+2.4%
2024
$135,895
$136K
-2.2%
2025
$139,146
$139K
+2.4%
2026
$138,771
$139K
-0.3%
City Comparison
Mexia vs. National Median
🏠 Mexia
$138,771
National Median
$410,000
At $138,771, homes in Mexia cost 66% below the national median of $410,000. This makes Mexia a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Mexia?
20% Down Payment
$27,754
on $138,771
Monthly P&I
$724/mo
30-yr @ 6.8%
Total Monthly Est.
~$919/mo
incl. taxes & insurance
Income Needed
$36,760
gross annual (30% rule)
10% Down Option
$13,877
+ PMI applies
Loan Amount (20% dn)
$111,017
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Mexia, TX?
The median home value in Mexia is $138,771 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.3% year-over-year.
How much have home prices changed in Mexia?
Over the past year, home values in Mexia have decreased by 0.3%. Over five years, prices have risen approximately 21.4%.
How much do I need to earn to buy a home in Mexia?
To comfortably afford the median home price of $138,771 with a 20% down payment ($27,754) at today's rates (6.8%), you'd need a gross annual income of approximately $36,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Mexia compare to the national average home price?
The national median home value is approximately $410,000. At $138,771, homes in Mexia are 66% below the national average.