Mercer County's October First-Time Homebuyer Report

The population of Mercer County is growing about even with the rest of New Jersey, at a 10-year growth rate of 4.5%. It's an average-sized county compared to the rest of the state, with 366,513 residents. Trenton is its most populated city. Homes in Mercer County are older than most with a median age of 46 years. The top schools in the county are Hillside, Brookside, and Science High School.

Price Range

Homes in Mercer County are generally less expensive than others in the state with a median home value of $203,400 and an average list price of $241,600.

Make sure you take a look at these eye-catching homes in Mercer County that generated the most views from potential buyers:

$1.5M   $2.8M   $135K  

Typical Dwelling

The typical dwelling in Mercer County is a four-bedroom detached home worth about $481,094. To purchase a similar home, a buyer with good credit and a $96,219 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,836 monthly payment. The property tax rate is $27.08 per $1,000 of taxable assessed value.

Get started right now by checking out Mercer County homes for sale or reviewing Mercer County real estate trends.


Data reported through 10/13/2016

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