Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$138,973+1.2% YoY · prices are rising
Market right nowBalanced, leaning buyersMore homes for sale than last year, 0% have cut their price
Income needed to buy, per year$30,127About 0.5× the local median income ($56,564): affordable for a typical household
Days on market114 daysFaster than a year ago: sellers have the edge
The typical home in Mercer County, MO is worth $138,973, up 1.2% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $131,211, so the area is 5.9% overvalued. It is a balanced market, leaning toward buyers: homes take about 114 days to sell, listings are up 33% from a year ago, 0% of listings have had a price cut. A household needs about $30,127 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $56,564. In the latest IRS figures, 5 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$138,973
Change in 1 year
+1.2%
Overvalued %
+5.9%
Show 6 more
Fair home value
$131,211
Change in 5 years
+20.5%
Home value to income
2.5×
Monthly mortgage payment (20% down)
$753
Income needed to afford it
$30,127
Property tax rate
0.96%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$973
Market activity
Listings vs a year ago
+33.3%
Days on market
114
Listings with a price cut
0.0%
Show 3 more
Homes for sale
16
Pending sales per 100 listings
31
Asking price per sq ft
$107
People and jobs
Median household income
$56,564
Population change (1 year)
−0.3%
Unemployment rate
3.5%
Show 4 more
Population
3,404
Income adjusted for cost of living
$67,418
Net moves in (IRS)
+5
Cost of living (US = 100)
83.9
Schools, risk and environment
School rating (1 to 10)
7.6
FEMA hazard risk score (0 to 100)
12.3
Flood risk score
17.9
Show 3 more
Wildfire risk score
48.3
Walkability (1 to 20)
5.0
Road, rail and air noise
53 dB
Questions people ask
Is Mercer County, MO overvalued?
Home prices in Mercer County, MO are slightly above what local incomes have historically supported: fair value is about $131,211, so the area is 5.9% overvalued.
Is Mercer County, MO a buyer's or seller's market?
Mercer County, MO is a balanced market, leaning toward buyers: homes take about 114 days to sell, listings are up 33% from a year ago, 0% of listings have had a price cut.
Are home prices going down in Mercer County, MO?
Home values in Mercer County, MO are up 1.2% over the last year.
How much do you need to earn to buy a home in Mercer County, MO?
A household needs about $30,127 a year to afford the typical home in Mercer County, MO at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $56,564.