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Home values, rents and more in Mercer, TN

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$189,000
Metro: $202,000 · U.S.: $366,000
Home values, past year
+8.5%
Metro: +0.7% · U.S.: +1.2%
Population
128
ACS 2020–24
ZIP codes around Mercer, TN, shaded by typical home valueMercer38392
  • Under $190k
  • $190k–$200k
  • $200k+
  • No data
ZIP codes around Mercer, TN, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Mercer is outlined.

How Mercer compares

The typical home in Mercer, TN is worth about $189,000, according to the Zillow Home Value Index for September 2026. Home values in Mercer are 6% below the typical value in the Jackson metro area ($202,000) and 48% below the U.S. typical value ($366,000).

Over the past year, home values in Mercer rose 8.5%, compared with +0.7% in the Jackson metro area and +1.2% nationally.

About 128 people live in Mercer (American Community Survey 2020–24).

Mercer has the 9th-highest typical home value of the 22 cities in the Jackson metro area and the 88th-lowest of 394 in Tennessee with Zillow figures.

Part of: Madison County, TN · Jackson metro area · Tennessee

More for Mercer in ProMap Plus

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby cities

ZIP codes in Mercer, TN

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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