Mercer, TN Housing

Mercer, TN is a great place to consider when looking for a home. The median value of housing in Mercer is $154,900, significantly lower than the US house median of $338,100. This makes it easier for people who may not have the means to purchase a more expensive home in other areas. Additionally, the 1 year appreciation value of homes in Mercer is 24.90%, which is much higher than the US 1 year house appreciation of 8.27%. These factors make Mercer an ideal location for those looking for an affordable and quickly appreciating home.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Mercer, Tennessee	United States
	72.0	139,647,020.0
	51	42
	$154,900	$338,100
	24.9%	16.6%
	67.1%	57.0%
	87.0%	101.1%
	$6.90	$10.98
	$199	$2,690
	63.9%	57.4%
	36.1%	11.2%
	0.0%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	36.1%	4.1%
Value of Owner-Occupied Housing
	60.9%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	19.6%	4.5%
	0.0%	11.3%
	19.6%	13.0%
	0.0%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	0.0%	13.6%
	0.0%	13.6%
	0.0%	13.6%
	36.1%	13.2%
	12.5%	14.8%
	0.0%	13.6%
	0.0%	10.0%
	0.0%	4.7%
	0.0%	12.2%