Real Estate Price Maphome prices by county

Mercer County, IL home prices

Mercer County, IL: the typical home is worth $169,283 as of 2026-05, up +8.7% over the past year and n/a since 2000. Listings run about $82/sq ft. Rent…

Data as of · by the Real Estate Price Map data team · methodology & sources

Mercer County is accelerating and undervalued — very affordable for what people here earn.

Momentum+8.7%Heating up
Valuation-42%Undervalued
Affordability10/10Very affordable
Market43 daysBalanced

Real Estate Price Map scores, derived from the data on this page · how we calculate them

1991: $69,519 → 2026: $169,283 (2.4×) pre-2000 estimated via FHFA index

Typical value$169,2832026-05
1-year+8.7%
5-year+10.8%
10-year+23.0%
Since 2000n/a
Population15k2024
Median income$77,0982023 · 2.2× income
New homes/yr162024
Price / sq ft$82listings
Days on market432026-06
Active listings262026-06
Price cuts10%of listings

Market read

At $169,283, homes in Mercer County sit 7% above the Illinois median ($158,388) and 28% below the US median ($233,954). That ranks #40 of 102 Illinois counties by price.

Prices are climbing fast (+8.7% in the last year) — a seller's market.

Homes here move at a steady pace — a median 43 days on the market, with 10% of listings cutting their asking price.

At 2.2× local income, that's more affordable than the typical US county (~3.8×).

Against the typical US price-to-income and price-to-rent, homes here look ~42% cheap for local incomes and rents — a relative bargain.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

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Nearby counties

Rock Island County, IL ($158,998) · Warren County, IL ($116,364) · Louisa County, IA ($172,248) · Muscatine County, IA ($203,173) · Henderson County, IL ($124,943) · Des Moines County, IA ($149,889)

Frequently asked questions

What is the average home price in Mercer County, IL?
The typical home in Mercer County is worth $169,283 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Mercer County rising or falling?
Prices are up +8.7% over the past year and n/a since 2000 — a seller's market.
Is Mercer County affordable?
At 2.2× the local median income of $77,098, Mercer County is more affordable than the typical US county.
How fast do homes sell in Mercer County?
Homes here take a median of 43 days to sell, with 10% of listings cutting their asking price.
Median home value by year
YearMedian home value
2012$120,685
2013$126,162
2014$132,698
2015$133,905
2016$135,688
2017$137,661
2018$137,203
2019$136,980
2020$147,652
2021$155,335
2022$162,922
2023$163,251
2024$162,377
2025$153,298
2026$165,166