Mercer County, NJ Housing

The housing market in Mercer, NJ County is thriving. The median value of homes in the area is significantly higher than the US median value, with $344,600 compared to $338,100. Additionally, the one-year house appreciation rate in Mercer County is 11.83%, much higher than the US rate of 8.27%. These figures indicate that Mercer County could be a desirable place to invest in real estate right now.

The median home cost in Mercer County is $344,600. Home appreciation the last 10 years has been 62.7%. Home Appreciation in Mercer County is up 19.1%.

Average Age of Homes

- The median age of Mercer County real estate is 54 years old

The Rental Market in Mercer County

- Renters make up 31.8% of the Mercer County population
- 1.0% of houses and apartments in Mercer County, 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	Mercer, New Jersey	United States
	149,573.0	139,647,020.0
	56	42
	$344,600	$338,100
	19.1%	16.6%
	51.7%	57.0%
	62.7%	101.1%
	$27.64	$10.98
	$8,166	$2,690
	57.8%	57.4%
	8.3%	11.2%
	33.9%	31.4%
Vacant Housing
	1.0%	1.9%
	0.1%	0.4%
	0.6%	0.7%
	0.0%	0.4%
	0.8%	3.6%
	5.7%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	1.3%	2.4%
	2.3%	2.8%
	2.6%	3.9%
	3.4%	4.5%
	7.2%	11.3%
	10.4%	13.0%
	23.0%	20.1%
	18.1%	13.6%
	9.2%	8.3%
	12.4%	9.7%
	5.5%	3.9%
	2.1%	2.2%
	0.7%	0.8%
	0.9%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.6%	13.6%
	7.6%	13.6%
	8.3%	13.6%
	11.8%	13.2%
	11.2%	14.8%
	8.3%	13.6%
	15.8%	10.0%
	7.0%	4.7%
	21.2%	12.2%

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