Housing · Mercer

Mercer, WI housing market

The typical Mercer home is worth about $317,000, up 8.7% in a year, 7% below the Wisconsin typical home.

Home values, sales, trends and how Mercer compares with the towns next door — updated as new data is published.

The market right now

Mercer at a glance

Typical home value
$317K
▲ 8.7% in a year · Zillow
Ten-year trend

Typical home value, 2016–2026

MercerWisconsin
$150K$200K$250K$300K$350K 20182020202220242026 Mercer $317K Wisconsin $340K
Show as a table
JanuaryMercerWisconsin
2017$178,000$180,000
2018$177,000$190,000
2019$188,000$202,000
2020$194,000$215,000
2021$211,000$238,000
2022$232,000$263,000
2023$263,000$282,000
2024$274,000$299,000
2025$291,000$317,000
2026$305,000$333,000
August 2026$317,000$340,000
Nearby

Mercer and its neighbors

The towns that share a border. Tap one to see its housing page.
TownTypical value1-yr changeDays on marketMedian income
Mercer $317K +8.7% — $63,281
Manitowish Waters $756K +15.8% — $71,932
Affordability

5 years of income

The typical Mercer home costs about 5 years of the town's median household income, more than across Wisconsin (4.4 years).

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
89.9%
Wisconsin: 67.8%
Median tax bill
$2,877
Wisconsin: $3,792
Median rent
$338
Wisconsin: $1,087
Typical home built
1981
Wisconsin: 1975

U.S. Census Bureau, ACS 2020-2024.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.

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Mercer

Wisconsin · WI · Iron County
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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/15 · 2025-01-01