Mercer, ND Foreclosures
Current Market Conditions in in Mercer, ND As of April 2026?
Over the past month, Mercer has experienced a slight increase in home sales, attributed to the beginning of the spring season when families are more inclined to move. The average price of homes has shown a 2% increase compared to last month, signaling a growing interest in the area. Real estate listings have begun to see higher viewer interactions, indicating that buyers are preparing for summer relocations.
How much do homes sell for in Mercer, ND?
The average home price is currently $208,583.
In Mercer, ND, how many homes are available?
There are currently 5 active home listings available in Mercer.
What’s the average rental cost in Mercer, ND?
The average rental price in Mercer is $984.
What is the most expensive home in Mercer?
The most expensive home sold in Mercer had a price of $955,909.
What is currently the cheapest priced home in Mercer, ND?
The cheapest home for sale in Mercer is priced at $38,467.
Living in Mercer, ND
Mercer, North Dakota, offers a serene small-town atmosphere with close-knit community vibes. Known for its natural beauty and recreational opportunities, including nearby Lake Sakakawea, Mercer is ideal for those seeking an outdoor lifestyle. With easy access to essential amenities and a strong sense of community, Mercer is a delightful place to live.
Buyer vs Seller Market in Mercer, ND
Mercer’s real estate market currently reflects a trend towards stability, with modest demand for homes due to the town's appealing agricultural surroundings and proximity to rural recreational areas. As more individuals and families seek homes in quieter regions away from crowded cities, Mercer remains attractive for those desiring a slower pace of life.
The ongoing challenge in Mercer remains the supply of available homes, as the demand is slowly rising, causing slight increases in home prices. Buyers are often looking for properties that offer large lots, outdoor spaces, and access to lakeside activities.
Home Value Estimator For Mercer, ND
There are currently 41 real estate properties
in Mercer, ND,
with a median automated valuation model (AVM) price
of $164,302.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mercer, ND, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Mercer, ND,
is $208,583.00, with the most expensive house
in Mercer, ND, topping out
at $955,909.00 and the cheapest home
in Mercer, ND,
clocking in at $38,467.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mercer, ND!
Rent Prices
In Mercer, ND
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mercer, ND, is on
a rollercoaster ride. The
average rent price in Mercer, ND,
is $984.00. Indeed, when looking to rent in
Mercer, ND, you can expect to pay as little
as $750.00 or as much
as $1,820.00,
with the average rent median estimated to
be $850.00. The good news is that finding
an affordable and desirable property to rent in Mercer, ND
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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