Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mercer County area can be challenging. Home prices in Mercer County are now at a median cost of $175,329, lower than the Ohio average of $181,280.
The average cost of rent is $658/mo in Mercer County, primarily driven by the current value of real estate in the Mercer County area. While nearly 47.69% of residents own their homes outright in Mercer County, 20.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mercer County is $5,973 per month. Households that rent pay about 11.02% of their income on rent here. Mercer County's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the county.
Nearby Counties
- Auglaize County, OH: equally priced homes
- Jay County, IN: less expensive homes
- Blackford County, IN: less expensive homes
- Hardin County, OH: less expensive homes
- Grant County, IN: less expensive homes
- Marion County, OH: less expensive homes
- Howard County, IN: less expensive homes
- Morrow County, OH: equally priced homes
- Carroll County, IN: less expensive homes
- Knox County, OH: equally priced homes
Counties with Similar Populations
- Juncos Municipio, PR: less expensive homes
- Preble County, OH: less expensive homes
- Polk County, WI: higher priced homes
- Polk County, GA: less expensive homes
- Pittsburg County, OK: less expensive homes
- Oktibbeha County, MS: equally priced homes
- Knox County, IN: less expensive homes
- Kendall County, TX: higher priced homes
- Kay County, OK: less expensive homes
- Kandiyohi County, MN: higher priced homes
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