Mercer, TN

Balanced market

Housing market overview · Updated weekly

$156,700median sale price

Homes sold

1

Last 12 weeks

Days on market

76

Average pace

Active listings

Sale-to-list

101.1%

Above asking

The Mercer housing market is currently classified as a balanced market with a median sale price of $156,700. Prices have fallen 0.0% compared to last year, with homes spending an average of 76 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Mercer

Explore homes currently listed for sale in Mercer, Tennessee across major real estate platforms.

Sale-to-list:101.1%

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Frequently asked questions

What is the average home price in Mercer?

The median home sale price in Mercer is $156,700, down 0.0% from last year.

How long do homes stay on market in Mercer?

Homes typically spend 76 days on market before going under contract.

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