January's First-Time Homebuyer Report for Mexia

Mexia is a city in Texas. It's less affluent than average and the cost of living is less expensive compared to the rest of the state, with a median income of $32,282 per household and cost of living adjustment score of 78.0. Homes in Mexia are older than most with a median age of 40 years. Heading the list of top schools in the city is A B McBay Elementary School.

Price Range

Some of the least expensive homes in Texas are in Mexia with a median home value of $52,000, while the list prices of available homes is currently at an average of $99,202. A record three homes were sold in the Mexia market over the last 30 days, which is a new high going back to October. This is a 50.0% spike from the previous period.

Curious as to which homes have been getting the most attention in Mexia? These listings have stirred up interest and produced the most views:

$275K   $119K  

Typical Dwelling

A three-bedroom detached home valued around $95,000 is considered a typical dwelling in Mexia. If a buyer was looking for a similar home, they would need good credit and a $19,000 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $856 and the property tax rate is $11.17 per $1,000 of taxable assessed value.

Get started right now by checking out Mexia homes for sale or reviewing Mexia real estate trends.


Data reported through 1/12/2017

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