A typical Mercer home is worth roughly $239,000
What kind of housing town is Mercer?
Read from the numbers below. The page puts what stands out first.
A typical home costs 3.4 years of income
Less than across Maine (5.6 years). Try your own numbers below.
That covers a typical Mercer home, with $41K to spare.
A two-bedroom rents for about $1,410 a month here, $0 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Mercer’s typical property tax (0.83% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
2 of Mercer’s houses are on the National Register
Half of Mercer’s homes were built before 1987.
Maine: 74% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error. Historic houses: National Register of Historic Places.
A two-bedroom rents for about $1,410
Renters already here pay a median of $1,422.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Somerset County, ME): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Mercer vs. its neighbors
Mercer is the 2nd least expensive of 6 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Mercer | $239K* | — | $1,410 | — | $71,107 |
| Starks | $149K* | — | $1,220 | 4 | $63,500 |
| Smithfield | $285K | +7.9% | $1,230 | 0 | $107,917 |
| New Sharon | $267K | +8.2% | $1,520 | 12 | $63,889 |
| Norridgewock | $251K | +0.3% | $1,410 | — | $61,579 |
| Rome | $530K | +1.7% | $1,420 | 4 | $77,639 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Mercer buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Historic houses: National Register of Historic Places. Listings link to their publishers. The calculator is an estimate, not a loan offer.