Mercer, ND County is a great place to purchase a house. The median value of housing in the county is $181,000, which is much lower than the US median value of $338,100. Although the rate of appreciation for Mercer County homes was slightly lower than the national rate at 6.75%, over the past year it still appreciated 8%. This makes Mercer County an attractive option for those seeking to buy or invest in real estate.
The median home cost in Mercer County is $181,000. Home appreciation the last 10 years has been 60.8%. Home Appreciation in Mercer County is up 10.9%.
Average Age of Homes
- The median age of Mercer County real estate is 40 years old
The Rental Market in Mercer County
- Renters make up 14.1% of the Mercer County population
- 6.6% 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.