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Foreclosure Homes in Mercer, WI 54547

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Mercer, WI Foreclosures

How much do homes sell for in Mercer, WI?
The average home price is currently $364,428.
In Mercer, WI, how many homes are available?
There are currently 1 active home listings available in Mercer.
What’s the average rental cost in Mercer, WI?
The average rental price in Mercer is $1,519.
What is the most expensive home in Mercer?
The most expensive home sold in Mercer had a price of $2,452,600.
What is currently the cheapest priced home in Mercer, WI?
The cheapest home for sale in Mercer is priced at $50,334.

Living in Mercer, WI

Mercer, Wisconsin, is a picturesque small town that perfectly blends outdoor adventure with a warm community atmosphere. Known for its breathtaking lakes and forests, Mercer is an ideal spot for fishing enthusiasts and nature lovers. With a vibrant downtown and numerous recreational activities, the town offers a unique Northwoods lifestyle.

Current Market Conditions in Mercer, WI

Mercer's real estate market has seen a gradual increase in activity over the past few months, largely due to the rising interest in remote work and the appeal of rural living. Buyers are increasingly attracted to the town's scenic beauty and recreational opportunities. Properties in Mercer have generally retained their value, with some areas witnessing modest price growth as demand increases.

The market trends indicate a consistent demand for vacation properties and permanent residences as more individuals seek refuge from urban environments. The existing homes tend to sell quickly, and newly listed properties are receiving considerable interest, indicating a healthy market.

Potential investors and homebuyers should be aware of the competitive landscape as Mercer continues to grow in popularity, particularly among outdoor enthusiasts and those looking for second homes.

Home Value Estimator For Mercer, WI

There are currently 1,724 real estate properties in Mercer, WI, with a median automated valuation model (AVM) price of $318,089.00. 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, WI, 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, WI, is $364,428.00, with the most expensive house in Mercer, WI, topping out at $2,452,600.00 and the cheapest home in Mercer, WI, clocking in at $50,334.00. In other words, there’s something for every potential homebuyer or savvy investor in Mercer, WI!

Rent Prices In Mercer, WI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mercer, WI, is on a rollercoaster ride. The average rent price in Mercer, WI, is $1,519.00. Indeed, when looking to rent in Mercer, WI, you can expect to pay as little as $840.00 or as much as $2,560.00, with the average rent median estimated to be $1,520.00. The good news is that finding an affordable and desirable property to rent in Mercer, WI -- 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.

Mercer, WI 54547 Foreclosures


Market Trend for Mercer, WI

Total Listings Available: 1

Market Values:

Home Prices from $50,334 to $2,452,600

Average Sales Price: $364,428

Rental Values:

Rental from $840 to $2,560

Average Rent Value: $1,519 / month

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