54547 Mercer, WI is an area with a median housing value of $241,000 according to the most recent statistics. This is significantly lower than the US housing median value of $338,100 and yet the 1 year house appreciation rate for this region is 16.22% which is higher than the national average of 8.27%. This indicates that the housing market in 54547 Mercer, WI is appreciating at a faster rate than many other parts of the country. Therefore, if you are looking for a home in this area it may be a good time to buy as prices will likely continue to rise in the future.
The median home cost in Mercer (zip 54547) is $241,000. Home appreciation the last 10 years has been 70.7%. Home Appreciation in Mercer (zip 54547) is up 28.9%.
Average Age of Homes
- The median age of Mercer (zip 54547) real estate is 33 years old
The Rental Market in Mercer (zip 54547)
- Renters make up 7.2% of the Mercer (zip 54547) population
- 2.8% of houses and apartments in Mercer (zip 54547), 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.