Mercer County, KY Home Values & Market Trends

The median home price in Mercer County, KY is $259,870. There were 433 home sales in Mercer County, KY over the past 12 months. The median residential Mercer County, KY home value for transactions over the previous year is $213,500. The number of current listings in Mercer County, KY is 396, and the percentage of properties for sale is 396.00%. The county has 1 foreclosures, 1 bank owned properties, 0 headed for auction, and 396 properties for sale.

Mercer County, KY Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Harrodsburg

$ 253,533

$ 175/sqft

Burgin

$ --

$ --

Salvisa

$ 342,790

$ 186/sqft

Housing Market Summary for Mercer County, KY

Oct 2025October 2026Change
Median Listing Price$244.9K$244.9K-
Median Sold Price$196.5K$188.9K-3.87%
Homes For Sale27239645.59%
Homes Sold8412447.62%
Price
$/Sqft
Homes For Sale
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%.

0
0

Browse Homes in Mercer County, KY

Mercer County, KY home values range from $35,488 to $1,699,000. Salvisa is the priciest city with a median listing home price of $350,000, and Harrodsburg is most affordable with average house prices of around $236,950.

Foreclosure
There are 3 cities within Mercer County, KY; within these cities, the median estimated home value for homes in foreclosure ranges from $92,900 in Harrodsburg to the lowest value of $92,900 in Harrodsburg. Foreclosure homes account for 0.00% of properties in Mercer County, KY with Harrodsburg containing 1 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Mercer County, KY with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 3 cities within Mercer County, KY; 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 Owned
    The median estimated home value of bank owned homes (REO properties) in Mercer County, KY ranges from the highest value of $92,900 in Harrodsburg to the lowest value of $92,900 in Harrodsburg. Bank owned homes and properties account for 0.19% of properties in Mercer County, KY. There are 3 cities within Mercer County, KY; Harrodsburg containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of Mercer County, KY. Auction homes and other auction properties account for 0% of all properties in Mercer County, KY. There are 3 cities within Mercer County, KY; of those cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 76.15% of residential properties in Mercer County, KY with Harrodsburg containing 371 homes for sale, the highest number of listed properties in a single city. There are 3 cities within Mercer County, KY; homes for sale in those cities, have a range of median values from $835,000 in Salvisa to the lowest value of $43,854 in Harrodsburg.
    Sold Homes
    The median value for recently sold homes ranges from $355,997 in Burgin to the lowest price of $28,839 in Burgin. There are 3 cities within Mercer County, KY. Harrodsburg has 110 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 23.46% of properties in Mercer County, KY.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Mercer County, KY
      $
      $

      Guide for Mercer County, KY

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      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 […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.