Mercer County, KY Housing

The housing market in Mercer, KY County is thriving. The median value of homes in the area is $184,100, which is significantly lower than the US median home value of $338,100. In terms of appreciation, Mercer County has seen a 17.20% increase in the last year, more than double the 8.27% growth seen nationally. This reflects strong demand for real estate within this county and suggests that it continues to be a desirable place to live.

The median home cost in Mercer County is $184,100. Home appreciation the last 10 years has been 72.6%. Home Appreciation in Mercer County is up 19.3%.

Average Age of Homes

- The median age of Mercer County real estate is 43 years old

The Rental Market in Mercer County

- Renters make up 23.7% of the Mercer County population
- 1.3% 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, Kentucky	United States
	10,317.0	139,647,020.0
	44	42
	$184,100	$338,100
	19.3%	16.6%
	54.4%	57.0%
	72.6%	101.1%
	$8.31	$10.98
	$1,324	$2,690
	63.2%	57.4%
	13.6%	11.2%
	23.1%	31.4%
Vacant Housing
	1.3%	1.9%
	0.4%	0.4%
	1.0%	0.7%
	0.6%	0.4%
	4.3%	3.6%
	6.2%	4.1%
Value of Owner-Occupied Housing
	3.9%	2.6%
	4.4%	2.4%
	3.2%	2.8%
	5.2%	3.9%
	10.4%	4.5%
	17.3%	11.3%
	23.5%	13.0%
	19.0%	20.1%
	6.1%	13.6%
	3.8%	8.3%
	1.4%	9.7%
	1.0%	3.9%
	0.6%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.8%	0.2%
	14.5%	13.6%
	14.5%	13.6%
	15.5%	13.6%
	11.2%	13.2%
	15.9%	14.8%
	15.5%	13.6%
	9.1%	10.0%
	3.6%	4.7%
	16.5%	12.2%

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