House Prices

House Prices & Home Values Mercer, TN 2026


Average Data

average house price$423,230
average size per house2881 ft²
average price per ft²147 $ / ft²

04/18/2026 - The value range (VR) for house prices in Mercer, TN is $241/ sqft to $241/ sqft. An average home with 2881 sqft costs approximately $694,321 to $694,321. Mercer, TN includes 1 ZIP codes and it is located in Madison county. The lowest prices are found in ZIP 38392, while the highest are in ZIP 38392. The average price per sqare feet is $147. Our analysis is based on 10 property listings.

Avergage prices by ZIP codes Mercer

38392240 $ / ft²




Historical development of home values in Mercer

Year Estimated value (USD) Change vs. 2025
2010 $196,556 -53.6%
2011 $188,955 -55.4%
2012 $188,446 -55.5%
2013 $195,490 -53.8%
2014 $205,210 -51.5%
2015 $215,742 -49.0%
2016 $227,001 -46.4%
2017 $239,254 -43.5%
2018 $252,481 -40.3%
2019 $264,188 -37.6%
2020 $277,845 -34.4%
2021 $316,019 -25.3%
2022 $368,407 -13.0%
2023 $388,502 -8.2%
2024 $410,978 -2.9%
2025 $423,230 0.0%

Graph: estimated home values in Mercer over time (USD)



Example: 100% financing house in Mercer

Loan amount: $423,230

Interest rate: 6.00%

Fixed monthly payment: $2,537.48

Breakdown in the 1st month:
Interest portion: $2,116.15  –  Principal portion: $421.33

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $25,252.42 $5,197.31 $418,032.69
2 $24,931.86 $5,517.87 $412,514.81
3 $24,591.53 $5,858.20 $406,656.61
4 $24,230.21 $6,219.52 $400,437.09
5 $23,846.60 $6,603.13 $393,833.95
6 $23,439.33 $7,010.40 $386,823.56
7 $23,006.95 $7,442.78 $379,380.77
8 $22,547.89 $7,901.84 $371,478.93
9 $22,060.53 $8,389.21 $363,089.73
10 $21,543.10 $8,906.63 $354,183.09
11 $20,993.76 $9,455.98 $344,727.12
12 $20,410.53 $10,039.20 $334,687.92
13 $19,791.34 $10,658.40 $324,029.52
14 $19,133.95 $11,315.78 $312,713.74
15 $18,436.02 $12,013.72 $300,700.02
16 $17,695.04 $12,754.69 $287,945.33
17 $16,908.36 $13,541.38 $274,403.95
18 $16,073.15 $14,376.58 $260,027.37
19 $15,186.44 $15,263.29 $244,764.08
20 $14,245.03 $16,204.70 $228,559.38
21 $13,245.56 $17,204.17 $211,355.21
22 $12,184.44 $18,265.29 $193,089.92
23 $11,057.88 $19,391.85 $173,698.07
24 $9,861.83 $20,587.90 $153,110.17
25 $8,592.02 $21,857.71 $131,252.46
26 $7,243.88 $23,205.85 $108,046.61
27 $5,812.60 $24,637.14 $83,409.47
28 $4,293.03 $26,156.70 $57,252.77
29 $2,679.74 $27,769.99 $29,482.78
30 $966.95 $29,482.78 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Mercer, TN


1500 sqft3900 sqft
Ø selling price$266,806$567,567
Ø fast selling$242,551$510,811
Ø high price sale$291,060$624,324

In 2026, houses in Mercer, TN will be offered at an average price of $147 per square foot. A 1,500 sqft home priced at $266,806 is 22.82% more expensive per square foot than a 3,900 sqft home priced at $567,567. Home prices in Mercer, TN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $392,932. Sellers who can wait longer may achieve a higher price of up to $480,250.


Discover Mercer, TN

Location & Community

Mercer, TN is a quiet unincorporated community in Madison County, set amid the rolling fields of West Tennessee.
Its small-town atmosphere and friendly pace make Mercer, Tennessee a welcoming base near the larger amenities of Jackson.

History & Lifestyle

Rooted in agricultural traditions, the area reflects a heritage of family farms, rural churches, and time-honored community gatherings.
Residents enjoy spacious properties, open skies, and a lifestyle that blends country living with practical access to regional employers.
From seasonal produce stands to local events, Mercer TN preserves a sense of place that appeals to families, retirees, and remote workers.

Things to Do & Nearby Attractions

Outdoor enthusiasts appreciate nearby lakes, wildlife areas, and scenic drives that showcase West Tennessee?s natural beauty.
Popular day trips include shopping and dining in Jackson, exploring historic sites across Madison County, and attending regional festivals and sports.
With less traffic and more elbow room, Mercer, Tennessee offers an easy launch point for weekend adventures and peaceful sunset walks.

Housing & Visitor Tips

Homebuyers will find a mix of acreage, single-family homes, and value-driven real estate options that benefit from steady West Tennessee growth.
Whether you are relocating, investing, or planning a quiet getaway, Mercer TN delivers small-town comfort, convenient connections, and authentic Southern charm.



FAQ – Home Values in Mercer

What is the median home value in Mercer in 2026?

In 2026, the typical home value in Mercer is about $423,230 for an average home size of 2881 square feet. This corresponds to an average price of roughly $147 per square foot.

What is the average cost per square foot in Mercer?

In 2026, homes in Mercer sell for an average of around $147 per square foot, with a typical range between $241 and $241 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Mercer is about 2881 square feet, with an estimated 2026 value around $423,230.



Locations close to Mercer, TN

Columbia, TN173 $ / ft²
Clifton, TN158 $ / ft²
Ardmore, TN149 $ / ft²
Denmark, TN135 $ / ft²
Yuma, TN265 $ / ft²
Wildersville, TN132 $ / ft²
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