Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$145,481+0.1% YoY · prices are flat
Market right nowBuyer's marketMore homes for sale than last year, 24% have cut their price
Income needed to buy, per year$31,537About 0.6× the local median income ($54,317): affordable for a typical household
Days on market67 daysSlower than a year ago: buyers have time to negotiate
The typical home in Mercer County, WV is worth $145,481, about the same as a year ago. That is slightly above what local incomes have historically supported: fair value is about $143,845, so the area is 1.1% overvalued. It is a buyer's market: homes take about 67 days to sell, listings are up 46% from a year ago, 24% of listings have had a price cut. A household needs about $31,537 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 $54,317. Typical rent is $772 a month. In the latest IRS figures, 283 more people moved out than in.
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
$145,481
Change in 1 year
+0.1%
Overvalued %
+1.1%
Show 6 more
Fair home value
$143,845
Change in 5 years
+35.4%
Home value to income
2.7×
Monthly mortgage payment (20% down)
$788
Income needed to afford it
$31,537
Property tax rate
0.54%
Rent and investing
Typical rent
$772
Price-to-rent ratio
15.7×
HUD Fair Market Rent, 2 bedrooms
$946
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Gross rental yield
6.36%
Cap rate (estimate)
4.14%
Market activity
Listings vs a year ago
+46.5%
Days on market
67
Listings with a price cut
23.9%
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Homes for sale
148
Pending sales per 100 listings
28
Asking price per sq ft
$124
People and jobs
Median household income
$54,317
Population change (1 year)
−0.1%
Unemployment rate
2.6%
Show 4 more
Population
57,503
Income adjusted for cost of living
$62,433
Net moves in (IRS)
−283
Cost of living (US = 100)
87.0
Schools, risk and environment
School rating (1 to 10)
5.2
FEMA hazard risk score (0 to 100)
65.2
Flood risk score
78.3
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Wildfire risk score
62.8
Walkability (1 to 20)
6.6
Road, rail and air noise
53 dB
Questions people ask
Is Mercer County, WV overvalued?
Home prices in Mercer County, WV are slightly above what local incomes have historically supported: fair value is about $143,845, so the area is 1.1% overvalued.
Is Mercer County, WV a buyer's or seller's market?
Mercer County, WV is a buyer's market: homes take about 67 days to sell, listings are up 46% from a year ago, 24% of listings have had a price cut.
Are home prices going down in Mercer County, WV?
Home values in Mercer County, WV are up 0.1% over the last year.
How much do you need to earn to buy a home in Mercer County, WV?
A household needs about $31,537 a year to afford the typical home in Mercer County, WV at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $54,317.