House Prices

House Prices & Home Values Mercer, WI 2026


Average Data

average house price$250,075
average size per house1649 ft²
average price per ft²152 $ / ft²

04/19/2026 - The value range (VR) for house prices in Mercer, WI is $142/ sqft to $142/ sqft. An average home with 1649 sqft costs approximately $234,158 to $234,158. Mercer, WI includes 1 ZIP codes and it is located in Iron county. The lowest prices are found in ZIP 54547, while the highest are in ZIP 54547. The average price per sqare feet is $152. Our analysis is based on 4 property listings.

Avergage prices by ZIP codes Mercer

54547142 $ / ft²




Historical development of home values in Mercer

Year Estimated value (USD) Change vs. 2025
2010 $116,139 -53.6%
2011 $111,648 -55.4%
2012 $111,348 -55.5%
2013 $115,510 -53.8%
2014 $121,253 -51.5%
2015 $127,476 -49.0%
2016 $134,129 -46.4%
2017 $141,368 -43.5%
2018 $149,184 -40.3%
2019 $156,101 -37.6%
2020 $164,171 -34.4%
2021 $186,727 -25.3%
2022 $217,682 -13.0%
2023 $229,555 -8.2%
2024 $242,836 -2.9%
2025 $250,075 0.0%

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



Example: 100% financing house in Mercer

Loan amount: $250,075

Interest rate: 6.00%

Fixed monthly payment: $1,499.33

Breakdown in the 1st month:
Interest portion: $1,250.38  –  Principal portion: $248.95

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $14,920.96 $3,070.95 $247,004.05
2 $14,731.55 $3,260.36 $243,743.69
3 $14,530.46 $3,461.45 $240,282.24
4 $14,316.97 $3,674.95 $236,607.29
5 $14,090.30 $3,901.61 $232,705.68
6 $13,849.66 $4,142.25 $228,563.43
7 $13,594.17 $4,397.74 $224,165.69
8 $13,322.93 $4,668.98 $219,496.71
9 $13,034.96 $4,956.95 $214,539.76
10 $12,729.23 $5,262.69 $209,277.08
11 $12,404.63 $5,587.28 $203,689.80
12 $12,060.02 $5,931.89 $197,757.91
13 $11,694.16 $6,297.75 $191,460.16
14 $11,305.73 $6,686.19 $184,773.97
15 $10,893.34 $7,098.57 $177,675.40
16 $10,455.51 $7,536.40 $170,139.00
17 $9,990.68 $8,001.23 $162,137.77
18 $9,497.19 $8,494.73 $153,643.04
19 $8,973.25 $9,018.66 $144,624.38
20 $8,417.00 $9,574.91 $135,049.47
21 $7,826.44 $10,165.47 $124,883.99
22 $7,199.45 $10,792.46 $114,091.54
23 $6,533.80 $11,458.11 $102,633.42
24 $5,827.09 $12,164.82 $90,468.60
25 $5,076.79 $12,915.12 $77,553.48
26 $4,280.21 $13,711.70 $63,841.78
27 $3,434.50 $14,557.41 $49,284.37
28 $2,536.63 $15,455.28 $33,829.09
29 $1,583.39 $16,408.52 $17,420.57
30 $571.35 $17,420.57 $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, WI


1500 sqft3900 sqft
Ø selling price$275,881$586,872
Ø fast selling$250,801$528,185
Ø high price sale$300,960$645,560

In 2026, houses in Mercer, WI will be offered at an average price of $152 per square foot. A 1,500 sqft home priced at $275,881 is 22.84% more expensive per square foot than a 3,900 sqft home priced at $586,872. Home prices in Mercer, WI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $406,297. Sellers who can wait longer may achieve a higher price of up to $496,585.

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 $250,075 for an average home size of 1649 square feet. This corresponds to an average price of roughly $152 per square foot.

What is the average cost per square foot in Mercer?

In 2026, homes in Mercer sell for an average of around $152 per square foot, with a typical range between $142 and $142 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 1649 square feet, with an estimated 2026 value around $250,075.



Locations close to Mercer, WI

Minocqua, WI286 $ / ft²
Montreal, WI108 $ / ft²
Park Falls, WI102 $ / ft²
Mellen, WI152 $ / ft²
Manitowish Waters, WI218 $ / ft²
Long Lake, WI163 $ / ft²
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