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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 $125,942, lower than the West Virginia average of $177,366.
The average cost of rent is $824/mo in Mercer County, primarily driven by the current value of real estate in the Mercer County area. In Mercer County, 27.13% of households rent, and 62.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mercer County is $4,682 per month. Households that rent pay about 17.60% of their income on rent here. Mercer County’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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: equally priced 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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