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Home values, rents and more in Mercer, WI

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

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Typical home value
$325,000
Wisconsin: $337,000 · U.S.: $366,000
Home values, past year
+9.5%
Wisconsin: +5.1% · U.S.: +1.2%
Population
365
ACS 2020–24
Median household income
$37,917
Wisconsin: $77,485 · U.S.: $80,734
ZIP codes around Mercer, WI, shaded by typical home valueMercer
  • Under $0k
  • No data
ZIP codes around Mercer, WI, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Mercer is outlined.

How Mercer compares

The typical home in Mercer, WI is worth about $325,000, according to the Zillow Home Value Index for September 2026. Home values in Mercer are 4% below the typical value in Wisconsin ($337,000) and 11% below the U.S. typical value ($366,000).

Over the past year, home values in Mercer rose 9.5%, compared with +5.1% in Wisconsin and +1.2% nationally.

The median household income is $37,917, against $77,485 in Wisconsin and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 365 people live in Mercer (American Community Survey 2020–24).

Mercer has the 332nd-highest typical home value of the 690 cities in Wisconsin with Zillow figures.

Part of: Iron County, WI · Wisconsin

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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, WI

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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