Housing Prices in Mercer County, MO
How much do homes in Mercer County, MO cost?
Median List Price
$87,200
$69/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Mercer County has decreased by 12.8% since last year.
Summary: The median home list price in Mercer County was $87,200 in March 2024, down 12.8% from the previous year, and the median price per square foot was $69.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $40K | N/A |
| 2 Bedrooms | $89.9K | $89.9K | 0.0% |
| 3 Bedrooms | $89.9K | $99.9K | +11.1% |
| 4 Bedrooms | $152.2K | $109K | -28.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: Mercer County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 28.4%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Counties
| Grundy County | $75K | $89K | +18.7% |
| Wayne County | $127K | $149K | +17.3% |
| Decatur County | $149.9K | $174.9K | +16.7% |
| Mercer County | $99.9K | $87.2K | -12.8% |
Housing Supply in Mercer County, MO
How many homes are available in Mercer County, MO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 16 | +45.5% |
Summary: The Mercer County real estate market had 16 homes for sale in March 2024, a 45.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 5 | +66.7% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mercer County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Days on Market for Mercer County, MO
How long does it take to sell a home in Mercer County, MO?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 246 Days | 72 Days | -70.3% |
Summary: Homes in Mercer County had an average listing age of 72 days in Mar 2024, down by 70.3% compared to the previous year.
Listings courtesy of Heartland Multiple Listing Service Inc. as distributed by MLS GRID.