Mercier, SD housing market
Home prices around Mercier have risen about 39% over the past 5 years.
Home values, sales, trends and how Mercier compares with the towns next door — updated as new data is published.
Home prices up 39% in 5 years
The federal house price index for the ZIP codes around Mercier rose 39% over the past 5 years, slower than across South Dakota (50%). Last year prices rose 1.5%.
Show as a table
| Year | Change that year | Since 2000 | South Dakota since 2000 |
|---|---|---|---|
| 2025 | +1.5% | +171% | +181% |
| 2024 | +0.6% | +167% | +173% |
| 2023 | +8.5% | +166% | +164% |
| 2022 | +13% | +145% | +145% |
| 2021 | +11% | +117% | +109% |
| 2020 | +0.7% | +95% | +88% |
| 2019 | +4.3% | +93% | +83% |
| 2018 | 0% | +85% | +75% |
| 2017 | +3.9% | +85% | +67% |
| 2016 | +7% | +78% | +59% |
| 2015 | −1.8% | +67% | +52% |
| 2014 | +3.4% | +70% | +47% |
| 2013 | +3.5% | +64% | +42% |
| 2012 | +4.2% | +59% | +38% |
| 2011 | +0.7% | +52% | +37% |
| 2010 | −0.1% | +51% | +37% |
| 2009 | +3.4% | +51% | +38% |
| 2008 | +2.3% | +46% | +38% |
| 2007 | +6% | +43% | +36% |
| 2006 | +5.2% | +35% | +31% |
| 2005 | +10% | +28% | +25% |
| 2004 | +8.6% | +16% | +17% |
| 2003 | +2.2% | +7.2% | +11% |
| 2002 | +2.7% | +4.9% | +7.9% |
| 2001 | +2.1% | +2.1% | +4.3% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 57401, 57451, covering 70% of Mercier’s land, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
Mercier and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Mercier | — | +1.5%† | $950 | $81,250 |
| Ravinia | — | +1.5%† | $940 | $141,667 |
| Aberdeen | $244K | +6.1% | $930 | $96,667 |
† FHFA price index change, where Zillow has no home value for the town.
A two-bedroom rents for about $950
HUD's Fair Market Rent for a two-bedroom in Mercier is $950 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $670 · 4 bedrooms $1,450
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (57401, 57451; Brown County, SD), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
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. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.