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 $66, which is lower than the Bluefield Metro average of $72. The median price of homes currently listed in Mercer County is $112,500 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 May 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $112,500 Median listing price
  • No recent data Median sale price
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Mercer County Market Health

Data through May 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 $516,700 New York Metro $369,400 Washington Metro $347,500
Philadelphia Metro $192,100 Miami-Fort Lauderdale Metro $190,300 Chicago Metro $178,500
Houston Metro $154,700 Dallas-Fort Worth Metro $143,900 Atlanta Metro $140,300

Listings & Sales

Data through May 31, 2014
  • $66 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 21.2% Listings with price cut
6.8%
Sold below listing
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Mercer County Rentals

Data through May 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
$902 Mercer County
$1,310 United States
  • No data Breakeven horizon
  • No data Rent list price
  • $0.70 Rent list price / sq ft
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