Mercer County, IL Home Values & Market Trends
The median home price in Mercer County, IL is $139,272. There were 0 home sales in Mercer County, IL over the past 12 months. The median residential Mercer County, IL home value for transactions over the previous year is $0. The number of current listings in Mercer County, IL is 140, and the percentage of properties for sale is 140.00%. The county has 7 foreclosures, 1 bank owned properties, 6 headed for auction, and 140 properties for sale.
Mercer County, IL Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Aledo | $ 140,081 $ 95/sqft | New Windsor | $ 126,847 $ 60/sqft |
| Sherrard | $ 170,409 $ 93/sqft | Matherville | $ 139,354 $ 99/sqft |
| Viola | $ 126,294 $ -- | Keithsburg | $ 93,312 $ 100/sqft |
| Alexis | $ 119,213 $ -- | North Henderson | $ 120,397 $ 91/sqft |
| New Boston | $ 147,737 $ 62/sqft | Seaton | $ 147,925 $ -- |
| Joy | $ 132,007 $ 82/sqft | Preemption | $ 144,988 $ -- |
Housing Market Summary for Mercer County, IL
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $139.9K | $135K | -3.54% |
| Median Sold Price | $0 | $0 | - |
| Homes For Sale | 127 | 136 | 7.09% |
| Homes Sold | 0 | 0 | - |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Mercer County, IL
Browse Homes in Mercer County, IL
Mercer County, IL home values range from $68,831 to $359,671. Sherrard is the priciest city with a median listing home price of $255,950, and Keithsburg is most affordable with average house prices of around $50,000.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Mercer County, IL with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 12 cities within Mercer County, IL; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Mercer County, IL ranges from the highest value of $93,815 in Aledo to the lowest value of $93,815 in Aledo. Bank owned homes and properties account for 0.65% of properties in Mercer County, IL. There are 12 cities within Mercer County, IL; Aledo containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsJoy has 2 auction properties, the highest number of properties going to auction in a single city in the state of Mercer County, IL. Auction homes and other auction properties account for 3.90% of all properties in Mercer County, IL. There are 12 cities within Mercer County, IL; of those cities, the median estimated home value for homes going to auction ranges from $146,623 in Sherrard to the lowest value of $76,450 in Sherrard.
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More Real Estate Resources for Mercer County, IL
Guide for Mercer County, IL
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
