Home prices
The median home in Mercer is valued at $60,000. It is approximately $15,040 (33%) higher compared to its nearby areas.In comparison to the entire country it is about $157,500 (72%) lower, and it is approximately $73,200 (54%) lower compared to the city of Des Moines.
Rents
The median monthly rent in Mercer is $294. It is approximately $241 (45%) lower in comparison to other places in this area.It is about $768 (72%) lower compared to the entire country, and is about $561 (65%) lower in comparison to the city of Des Moines.
Nearby places
Lineville
Lineville is about 5 miles north of Mercer. Its real estate prices are substantially less expensive. The cost of the median home in Lineville is $44,400, which works out to $15,600 (35%) lower than Mercer. Rent there is a lot more expensive. Lineville's median rent is $486 a month, which works out to $192 (39%) higher than Mercer.
Princeton
Princeton is about 8 miles south of Mercer. Real estate prices there are pretty similar. The price of the median home in Princeton is $59,900, which is very similar to Mercer. Rent there is a lot more expensive. In Princeton the median rent is $519 a month, which works out to $225 (43%) higher than Mercer.
Cainsville
Cainsville is approximately 12 miles southwest from Mercer. Real estate prices there are a lot less expensive. Cainsville's median home cost is $37,500, which works out to $22,500 (60%) lower than Mercer. Its rents are a bit more expensive. In Cainsville the median monthly rent is $333, which is $39 (11%) higher than Mercer.
Newtown
Newtown is roughly 12 miles southeast from Mercer. The housing prices there are significantly less expensive. The median home in Newtown is valued at $37,200, which comes out to $22,800 (61%) lower than Mercer. The rent there is significantly more expensive. Newtown's median monthly rent is $875, which is $581 (66%) higher than Mercer.
Allerton
Allerton is roughly 15 miles northeast of Mercer. Real estate prices there are somewhat less expensive. The median home in Allerton is valued at $45,800, which works out to $14,200 (31%) lower than Mercer. Rents there are substantially more expensive. The median monthly rent in Allerton is $464, which is $170 (36%) higher than Mercer.
