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Foreclosures in Mercer, WI

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Mercer, WI Foreclosures

Current Market Conditions in in Mercer, WI As of March 2026?
Over the past month, the real estate market in Mercer has remained competitive. There has been a slight uptick in buyer activity, driven by an increase in remote work that allows families to consider rural living. Although inventory levels remain low, the demand for properties, especially recreational cabins, ensures that homes are not sitting for long on the market. The average sale price has seen a marginal increase, indicating a healthy market trajectory as we head into the winter months.
How much do homes sell for in Mercer, WI?
The average home price is currently $366,726.
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 $2,680,635.
What is currently the cheapest priced home in Mercer, WI?
The cheapest home for sale in Mercer is priced at $11,580.

Living in Mercer, WI

MERCER, WI is a charming village set amidst breathtaking natural landscapes. Famous for its recreational opportunities and warm community spirit, Mercer offers a quieter pace of life perfect for families and outdoor enthusiasts. With cozy local amenities and good schools, it is an ideal place for those seeking tranquility and adventure.

Buyer vs Seller Market in Mercer, WI

The real estate market in Mercer is currently stable, with a mix of seasonal residents and year-round inhabitants contributing to the demand for housing. Homes in the area tend to sell within an average of 90 days, with prices holding steady due to the high interest in vacation properties and investments in the region.

As of late 2023, Mercer is experiencing a gradual increase in home prices, particularly for properties near the lakes. Buyers are showing interest in both standard single-family homes and cabins, leading to a favorable market for sellers.

Home Value Estimator For Mercer, WI

There are currently 1,918 real estate properties in Mercer, WI, with a median automated valuation model (AVM) price of $317,287.00. 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 $366,726.00, with the most expensive house in Mercer, WI, topping out at $2,680,635.00 and the cheapest home in Mercer, WI, clocking in at $11,580.00. 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 Foreclosures


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