Mercer, WI Housing

The housing market in Mercer, WI is booming. The median value of a house is $249,900, which is significantly lower than the US median value of $338,100. This price difference makes Mercer an attractive place for people looking to buy a home. Furthermore, the one-year appreciation rate for housing in Mercer is 16.22%, more than double the US average of 8.27%. This indicates that real estate investments in Mercer are likely to yield high returns. All these factors make Mercer an ideal location for people looking to invest in property.

The median home cost in Mercer is $249,900. Home appreciation the last 10 years has been 70.7%. Home Appreciation in Mercer is up 28.9%.

Average Age of Homes

- The median age of Mercer real estate is 33 years old

The Rental Market in Mercer

- Renters make up 7.9% of the Mercer population
- 4.3% of houses and apartments in Mercer, 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, Wisconsin	United States
	1,839.0	139,647,020.0
	40	42
	$249,900	$338,100
	28.9%	16.6%
	67.4%	57.0%
	70.7%	101.1%
	$11.03	$10.98
	$2,723	$2,690
	29.5%	57.4%
	65.1%	11.2%
	5.3%	31.4%
Vacant Housing
	4.3%	1.9%
	0.0%	0.4%
	2.6%	0.7%
	0.0%	0.4%
	55.4%	3.6%
	2.9%	4.1%
Value of Owner-Occupied Housing
	2.8%	2.6%
	0.7%	2.4%
	0.7%	2.8%
	2.8%	3.9%
	8.8%	4.5%
	15.5%	11.3%
	9.4%	13.0%
	23.8%	20.1%
	16.8%	13.6%
	12.3%	8.3%
	2.8%	9.7%
	3.7%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	21.6%	13.6%
	21.6%	13.6%
	16.3%	13.6%
	10.4%	13.2%
	16.2%	14.8%
	16.3%	13.6%
	9.7%	10.0%
	5.7%	4.7%
	10.2%	12.2%