Mercer County, NJ Real Estate & Property Data

Mercer County Real Estate Market Trends
Last Updated: April 19, 2024

With up-to-date real estate data get detailed insight into Mercer County, NJ sourced from the nation’s leading property data provider. The current median home price in Mercer County, NJ is $360,000. Mercer County real estate data shows that there have been a total of 4,661 residential properties sold over the past 12 months. ATTOM’s Mercer County real estate data indicates that the county has 28 properties in foreclosure and 1 REOs (real estate bank owned) properties.

Mercer County Real Estate Market Trends
Total Residential Properties 108,819
Total Commercial Properties 5,827
Avg. Home Age (Single Family Home) 63 Years
Avg. Square Feet (Single Family Home) 1,854
Total 2024 Residential Sales (year-to-date) 602
% of Homes Seriously Underwater (Q2 2024) 1.63%
Total 2023 Residential Sales 4,401
% of Equity Rich Homes (Q2 2024) 43.25%
Effective 2023 Property Tax 1.83%
Total Foreclosure Filings (year-to-date) 77
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Mercer County, NJ Real Estate Overview

There were 4,661 residential properties sold in the past year in Mercer County, NJ. The median home value in Mercer County, NJ is $382,700. There are a total of 108,819 residential properties in the Mercer.

Median Sales Price i
$360,000
(Feb 2024)
+12.5%
year-over-year
y-o-y
  • February '24 Feb '24 $360,000
  • January '24 Jan '24 $380,000
  • December '23 Dec '23 $392,500
  • November '23 Nov '23 $360,000
  • October '23 Oct '23 $380,000
  • September '23 Sep '23 $373,500
  • August '23 Aug '23 $424,000
  • July '23 Jul '23 $390,000
  • June '23 Jun '23 $400,000
  • May '23 May '23 $342,000
  • April '23 Apr '23 $350,000
  • March '23 Mar '23 $320,000
Median Down Payment i
$60,000
(Feb 2024)
+53.8%
year-over-year
y-o-y
  • February '24 Feb '24 $60,000
  • January '24 Jan '24 $60,000
  • December '23 Dec '23 $71,250
  • November '23 Nov '23 $55,000
  • October '23 Oct '23 $58,000
  • September '23 Sep '23 $71,500
  • August '23 Aug '23 $113,750
  • July '23 Jul '23 $77,250
  • June '23 Jun '23 $60,000
  • May '23 May '23 $54,250
  • April '23 Apr '23 $69,750
  • March '23 Mar '23 $53,100
Number of Homes Sold i
276
(Feb 2024)
-3.5%
year-over-year
y-o-y
  • February '24 Feb '24 276
  • January '24 Jan '24 326
  • December '23 Dec '23 368
  • November '23 Nov '23 369
  • October '23 Oct '23 417
  • September '23 Sep '23 456
  • August '23 Aug '23 305
  • July '23 Jul '23 395
  • June '23 Jun '23 426
  • May '23 May '23 333
  • April '23 Apr '23 303
  • March '23 Mar '23 401
Number of Purchase Loans i
192
(Feb 2024)
-6.3%
year-over-year
y-o-y
  • February '24 Feb '24 192
  • January '24 Jan '24 234
  • December '23 Dec '23 256
  • November '23 Nov '23 252
  • October '23 Oct '23 294
  • September '23 Sep '23 232
  • August '23 Aug '23 212
  • July '23 Jul '23 253
  • June '23 Jun '23 285
  • May '23 May '23 188
  • April '23 Apr '23 195
  • March '23 Mar '23 259
Number of REFI Loans i
210
(Feb 2024)
+40.9%
year-over-year
y-o-y
  • February '24 Feb '24 210
  • January '24 Jan '24 198
  • December '23 Dec '23 220
  • November '23 Nov '23 221
  • October '23 Oct '23 240
  • September '23 Sep '23 196
  • August '23 Aug '23 320
  • July '23 Jul '23 201
  • June '23 Jun '23 228
  • May '23 May '23 217
  • April '23 Apr '23 153
  • March '23 Mar '23 198
Number of HELOC Loans i
98
(Feb 2024)
+2.1%
year-over-year
y-o-y
  • February '24 Feb '24 98
  • January '24 Jan '24 77
  • December '23 Dec '23 95
  • November '23 Nov '23 113
  • October '23 Oct '23 98
  • September '23 Sep '23 74
  • August '23 Aug '23 106
  • July '23 Jul '23 80
  • June '23 Jun '23 98
  • May '23 May '23 131
  • April '23 Apr '23 72
  • March '23 Mar '23 125

Mercer County, NJ Real Estate Market Overview

Last 30 days
  • City
    Median Est. Value
  • City
    Median Est. Value
  • City
    Median Est. Value

Mercer County, NJ Foreclosure Activity

There were a total of 28 Mercer County, NJ properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 22 Mercer County, NJ properties and repossessed 1 Mercer County, NJ properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
28
(Feb 2024)
-24.3%
year-over-year
y-o-y
  • February '24 Feb '24 28
  • January '24 Jan '24 49
  • December '23 Dec '23 44
  • November '23 Nov '23 42
  • October '23 Oct '23 68
  • September '23 Sep '23 46
  • August '23 Aug '23 53
  • July '23 Jul '23 65
  • June '23 Jun '23 64
  • May '23 May '23 64
  • April '23 Apr '23 53
  • March '23 Mar '23 54
Foreclosure Starts i
22
(Feb 2024)
-24.1%
year-over-year
y-o-y
  • February '24 Feb '24 22
  • January '24 Jan '24 26
  • December '23 Dec '23 29
  • November '23 Nov '23 27
  • October '23 Oct '23 39
  • September '23 Sep '23 35
  • August '23 Aug '23 38
  • July '23 Jul '23 47
  • June '23 Jun '23 39
  • May '23 May '23 41
  • April '23 Apr '23 29
  • March '23 Mar '23 29
Completed Foreclosures (REOs) i
1
(Feb 2024)
-87.5%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 4
  • December '23 Dec '23 2
  • November '23 Nov '23 3
  • October '23 Oct '23 3
  • September '23 Sep '23 5
  • August '23 Aug '23 1
  • July '23 Jul '23 15
  • June '23 Jun '23 2
  • May '23 May '23 4
  • April '23 Apr '23 8
  • March '23 Mar '23 2
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