Mercer County, OH Housing

Mercer, OH County has a high median house value of $207,600, which is significantly less than the national median at $338,100. Despite the lower house prices in Mercer compared to other areas, Mercer has been experiencing strong appreciation in recent years with an increase of 11.88% in one year; much higher than the 8.27% national average. This rapid appreciation rate suggests that Mercer is a great place for home buyers and investors as it offers an opportunity to purchase relatively affordable real estate that may continue to appreciate quickly over time.

The median home cost in Mercer County is $207,600. Home appreciation the last 10 years has been 64.6%. Home Appreciation in Mercer County is up 11.9%.

Average Age of Homes

- The median age of Mercer County real estate is 45 years old

The Rental Market in Mercer County

- Renters make up 20.4% of the Mercer County population
- 0.9% 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, Ohio	United States
	17,845.0	139,647,020.0
	48	42
	$207,600	$338,100
	11.9%	16.6%
	48.3%	57.0%
	64.6%	101.1%
	$11.19	$10.98
	$1,897	$2,690
	71.0%	57.4%
	10.8%	11.2%
	18.2%	31.4%
Vacant Housing
	0.9%	1.9%
	0.0%	0.4%
	1.0%	0.7%
	0.5%	0.4%
	4.9%	3.6%
	3.5%	4.1%
Value of Owner-Occupied Housing
	2.6%	2.6%
	2.1%	2.4%
	2.7%	2.8%
	6.5%	3.9%
	9.6%	4.5%
	18.4%	11.3%
	17.5%	13.0%
	22.2%	20.1%
	10.5%	13.6%
	3.4%	8.3%
	2.5%	9.7%
	0.3%	3.9%
	1.4%	2.2%
	0.1%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.8%	0.2%
	10.2%	13.6%
	10.2%	13.6%
	12.6%	13.6%
	10.3%	13.2%
	14.0%	14.8%
	12.6%	13.6%
	13.1%	10.0%
	6.1%	4.7%
	18.3%	12.2%

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