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TN area data

Mercer, TN

Mercer, TN.

Population: 767 (Census ACS)

Home values & appreciation

Median home value
$197,408
1-year appreciation
+5.8%
3-year appreciation
+4.3%
All-time peak (2026-04)
$198,808
House Price Index
475.9 (+0.5% YoY)

Market activity

Median sale price
$202,000
Median list price
$209,900
Median days on market
147 days
Sale-to-list ratio
96.2%
Active listings
3
1-year forecast
+0.7%

Rents

2-bedroom fair-market rent (HUD reference)
$1,060/mo
3BR fair-market rent
$1,440/mo

Affordability

Cost of living index (Below Average)
90.5 (100 = US avg)
Electricity rate (state-level)
13.2¢/kWh
Natural gas rate (state-level)
$11.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Natural hazards & flood risk

Overall hazard risk
Relatively Moderate
Top hazards
coldWave, earthquake, iceStorm, lightning, strongWind
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
79.0°F
Average high
80.0°F
Average low
78.0°F
Annual precipitation
48.3 in

Air quality

Air quality rating
Good
Median AQI (annual)
43
Days with Good air quality
237

Walkability & transit

Walkability index
3.2 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
2
Nearest national park
Shiloh National Military Park (45 mi)
Nearest airport
Anderson Airport (4 mi)
Nearest major airport
McKellar-Sipes Regional Airport (MKL) (12 mi)
Hospitals nearby (~15 mi)
339
Avg hospital rating
3.0 / 5
Solar radiation rating
Fair (4.4 kWh/m²/day)

Migration

Net migration
+155 tax filers

Housing stock

Median year housing built
1,977
Median annual property tax
$491
Households with broadband internet
28.3%

Employment & development

Total county employment
48,716
Average weekly wage
$1,040
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
247

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents