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These days, finding an affordable place to live in the Mercer area can be challenging. Home prices in Mercer are now at a median cost of $200,094, lower than the North Dakota average of $273,535.
The average cost of rent is $807/mo in Mercer, primarily driven by the current value of real estate in the Mercer area. In Mercer, 13.91% of households rent, and 53.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mercer is $6,810 per month. Households that rent pay about 11.84% of their income on rent here. Mercer’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Turtle Lake, ND: equally priced homes
- Pickardville, ND: less expensive homes
- Mcclusky, ND: less expensive homes
- Ruso, ND: equally priced homes
- Butte, ND: less expensive homes
- Underwood, ND: equally priced homes
- Washburn, ND: higher priced homes
- Coleharbor, ND: higher priced homes
- Denhoff, ND: less expensive homes
- Wilton, ND: higher priced homes
Cities with Similar Populations
- Rocky, OK: less expensive homes
- Osgood, PA: less expensive homes
- Red Shirt, SD: equally priced homes
- Reese, TX: higher priced homes
- Rehoboth, VA: less expensive homes
- Richville, UT: higher priced homes
- Rinn, CO: higher priced homes
- Rixford, PA: less expensive homes
- Roads, OH: less expensive homes
- Roadstown, NJ: higher priced homes
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