Mercer County, KY Home Values & Market Trends
The median home price in Mercer County, KY is $187,994.4. There were 177 home sales in Mercer County, KY over the past 12 months. The median residential Mercer County, KY home value for transactions over the previous year is $187,500. The number of current listings in Mercer County, KY is 49, and the percentage of properties for sale is 49.00%. The county has 2 foreclosures, 2 bank owned properties, 0 headed for auction, and 49 properties for sale.
Mercer County, KY Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Harrodsburg | $ 258,900 $ 140/sqft | Burgin | $ -- $ -- |
| Salvisa | $ 269,547 $ 135/sqft |
Housing Market Summary for Mercer County, KY
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $324.9K | $195.2K | -39.92% |
| Median Sold Price | $193K | $195.2K | 1.14% |
| Homes For Sale | 49 | 47 | -4.08% |
| Homes Sold | 86 | 104 | 20.93% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Mercer County, KY
Browse Homes in Mercer County, KY
Mercer County, KY home values range from $22,892 to $2,762,811. Salvisa is the priciest city with a median listing home price of $449,000, and Harrodsburg is most affordable with average house prices of around $259,950.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Mercer County, KY with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 3 cities within Mercer County, KY; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Mercer County, KY ranges from the highest value of $274,123 in Harrodsburg to the lowest value of $229,088 in Harrodsburg. Bank owned homes and properties account for 0.02% of properties in Mercer County, KY. There are 3 cities within Mercer County, KY; Harrodsburg containing 2 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of Mercer County, KY. Auction homes and other auction properties account for 0% of all properties in Mercer County, KY. There are 3 cities within Mercer County, KY; of those cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Compare Nearby Cities
More Real Estate Resources for Mercer County, KY
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