Mercer County Home Prices & Values

No data Zillow Home Value Index

  • No data1-year change
  • No data 1-year forecast

The median list price per square foot in Mercer County is $68, which is lower than the Bluefield Metro average of $73. The median price of homes currently listed in Mercer County is $114,900 while the median price of homes that sold is $75,500.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Mercer County is 3.4%, which is lower than the national value of 7.2%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Mercer County homeowners underwater on their mortgage is 14.3%.

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Relative ZHVI
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Mercer County Market Overview

Data through Jul 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $114,900 Median listing price
  • No recent data Median sale price
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Mercer County Market Health

Data through Jul 31, 2014
  • No recent data
  • No data Average of days on Zillow
  • 14.3% Homes with negative equity (18.8% US Avg) (Mar 31, 2014)
  • 3.4% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)
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US Metro Areas

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Los Angeles Metro $539,800 New York Metro $377,200 Washington Metro $356,500
Miami-Fort Lauderdale Metro $200,200 Philadelphia Metro $197,600 Chicago Metro $184,800
Atlanta Metro $149,000 Dallas-Fort Worth Metro $145,500 Detroit Metro $113,100

Listings & Sales

Data through Jul 31, 2014
  • $68 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 33.2% Listings with price cut
6.8%
Sold below listing
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Mercer County Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$815 Mercer County
$1,318 United States
  • No data Breakeven horizon
  • No data Rent list price
  • $0.65 Rent list price / sq ft
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