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 $112,909, lower than the West Virginia average of $138,399.
The average cost of rent is $757/mo in Mercer County, primarily driven by the current value of real estate in the Mercer County area. While nearly 61.50% of residents own their homes outright in Mercer County, 28.46% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mercer County is $3,882 per month. Households that rent pay about 19.50% of their income on rent here. Mercer County's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the county.
Nearby Counties
- Giles County, VA: higher priced homes
- McDowell County, WV: less expensive homes
- Buchanan County, VA: less expensive homes
- Craig County, VA: higher priced homes
- Salem City, VA: higher priced homes
- Roanoke County, VA: higher priced homes
- Roanoke City, VA: higher priced homes
- Botetourt County, VA: higher priced homes
- Pike County, KY: less expensive homes
- Bedford County, VA: higher priced homes
Counties with Similar Populations
- Rutland County, VT: higher priced homes
- Lincoln County, SD: higher priced homes
- Livingston County, NY: higher priced homes
- Maverick County, TX: higher priced homes
- Pulaski County, MO: higher priced homes
- Putnam County, WV: higher priced homes
- Queen Anne's County, MD: higher priced homes
- Reno County, KS: equally priced homes
- Roane County, TN: higher priced homes
- Rusk County, TX: higher priced homes
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