Home prices
The median home value in Mercer is $179,500. It is about $96,220 (115%) higher in comparison to the surrounding areas.It is approximately $38,000 (17%) lower compared to the US as a whole, and is about $57,600 (47%) higher in comparison to the city of Wausau.
Rents
The median monthly rent in Mercer is $386. This is about $158 (29%) lower in comparison to its nearby areas.In comparison to the rest of the country it is about $676 (63%) lower, and it is roughly $322 (45%) lower compared to the city of Wausau.
Nearby places
Lac du Flambeau
Lac du Flambeau is roughly 13 miles southeast of Mercer. Housing prices there are substantially less expensive. The median home cost in Lac du Flambeau is $98,000, which is $81,500 (83%) lower than Mercer. The rent there is a little more expensive. Lac du Flambeau's median monthly rent is $560, which is $174 (31%) higher than Mercer.
Boulder Junction
Boulder Junction is approximately 16 miles east of Mercer. Its real estate prices are somewhat less expensive. Boulder Junction's median home price is $145,800, which is $33,700 (23%) lower than Mercer. Its rents are a lot more expensive. The median rent in Boulder Junction is $620 a month, which works out to $234 (37%) higher than Mercer.
Montreal
Montreal is roughly 18 miles northwest from Mercer. Its housing prices are a lot less expensive. The median home in Montreal costs $77,000, which comes out to $102,500 (133%) lower than Mercer. Rent there is somewhat more expensive. In Montreal the median monthly rent is $555, which is $169 (30%) higher than Mercer.
Ironwood
Ironwood is about 18 miles north of Mercer. Its real estate prices are a lot less expensive. Ironwood's median home price is $47,000, which is $132,500 (281%) lower than Mercer. Rents there are a bit more expensive. In Ironwood the median rent is $510 a month, which comes out to $124 (24%) higher than Mercer.
Iron Belt
Iron Belt is approximately 18 miles northwest of Mercer. Its housing prices are substantially less expensive. Iron Belt's median home value is $48,600, which works out to $130,900 (269%) lower than Mercer. Its rents are a bit more expensive. Iron Belt's median rent is $475 a month, which comes out to $89 (18%) higher than Mercer.
