The housing market in Mercer, WV County is relatively affordable when compared to the national average, with a median value of $110,700. Although this is significantly lower than the national median value of $338,100, the county saw an appreciation rate of 3.64% over the past year, which is still above the US average of 8.27%. This suggests that Mercer County has potential for further growth in its housing market and could be a great place for potential home buyers looking to invest in real estate.
The median home cost in Mercer County is $110,700. Home appreciation the last 10 years has been 44.2%. Home Appreciation in Mercer County is up 12.0%.
Average Age of Homes
- The median age of Mercer County real estate is 44 years old
The Rental Market in Mercer County
- Renters make up 23.2% of the Mercer County population
- 1.7% 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.