Mercer, TN Housing Market
$192,996
8.8% 1-yrThe average Mercer, TN home value is $192,996, up 8.8% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Mercer Key Takeaways
Typical Home Values: $192,996
1-Year Value Change: +8.8%
(Data through August 31, 2026)
Mercer Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Mercer
- NameMedian ZHVI
- Chewalla--
- Fowlkes--
- Eads-Fisherville$252,127
- Davies Plantation$483,411
- Hunter's Walk$414,593
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Mercer Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Mercer, TN?
The median home value in Mercer, TN is $192,996 as of August 2026. This represents a 0.2% increase compared to last month and a 8.8% increase year-over-year.
How have home values changed in Mercer, TN?
Home values in Mercer, TN have increased by 0.2% month-over-month and 8.8% year-over-year.
How do home values in Mercer, TN compare to Madison County, Tennessee, and the national average?
The median home value in Mercer, TN ($192,996) compares to: Madison County ($227,126), Tennessee ($334,108), and the U.S. national median ($368,697).
