#25010069, Listing Office: RE/MAX Elite Lexington
Mercer County Housing Market Report April 2025•Mercer County, Kentucky
Housing Prices in Mercer County, KY
How much do homes in Mercer County, KY cost?
Housing Market Conditions
Is Mercer County, KY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Mercer County is a Seller's Market
Difference Since April 2024
Since last year, Mercer County has remained a Seller's Market.
Mercer County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Mercer County have sold for 8.5% more than they did a year ago.
Summary: The median home sold price in Mercer County was $250,000 in April 2025, up 8.5% from last year, and the median price per square foot was $162.
Median Sold Price By Counties
City | Apr 2024 | Apr 2025 | Change YoY |
---|---|---|---|
Boyle County | $223K | $255K | +14.3% |
Mercer County | $230.5K | $250K | +8.5% |
Anderson County | $243K | $261.5K | +7.6% |
Woodford County | $346.8K | $365K | +5.2% |
Jessamine County | $340.5K | $349.9K | +2.7% |
Median Sold Price By Bedrooms
Beds | Apr 2024 | Apr 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $255.5K | $190K | -25.6% |
22 Bedrooms | $135.2K | $172.9K | +27.8% |
33 Bedrooms | $230.5K | $249.9K | +8.4% |
44 Bedrooms | $322.5K | $292.4K | -9.3% |
55+ Bedrooms | $457.5K | $415K | -9.3% |
Summary: Mercer County housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -25.6%. The home price for 2 bedroom homes increased by +27.8%. The home price for 3 bedroom homes increased by +8.4%. The home price for 4 bedroom homes decreased by -9.3%. The home price for 5 bedroom homes decreased by -9.3%.
How does Mercer County, KY compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Mercer County, KY
Housing supply in Mercer County, KY
How many homes are available in Mercer County, KY?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
113Last MonthApr 2025 | ||
1182 months agoMar 2025 | -4.2 % Change MoMMar – Apr |
Summary: The Mercer County real estate market had 113 homes for sale in Apr 2025, a 4.2 % decrease compared to Mar 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
20Last MonthApr 2025 | ||
292 months agoMar 2025 | -31.0 % Change MoMMar – Apr |
Homes For Sale By Bedroom Count
Beds | Mar 2025 | Apr 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 3 | 3 | 0.0% |
22 Bedrooms | 14 | 12 | -14.3% |
33 Bedrooms | 78 | 73 | -6.4% |
44 Bedrooms | 18 | 19 | +5.6% |
55+ Bedrooms | 5 | 6 | +20.0% |
Summary: Mercer County housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -14.3%. The inventory for 3 bedroom homes decreased by -6.4%. The inventory for 4 bedroom homes increased by +5.6%. The inventory for 5 bedroom homes increased by +20.0%.
Asking Price vs. Sold Price
How much do homes in Mercer County, KY cost?
Over Asking Price6 Homes
At Asking Price3 Homes
Under Asking Price11 Homes
If you're buying a home in Mercer County, you may be able to get a good deal. 55% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Mercer County in April 2025, down by 31.0% month-over-month. Of the 20 sold homes, 55% were sold under asking, 15% were sold at asking, and and 30% were sold over asking.
Days on Market for Mercer County, KY
How long does it take to sell a home in Mercer County, KY?
Breakdown of Home Sale Times
Under 30 Days9 Homes
30 – 90 Days4 Homes
Over 90 Days7 Homes
Many homes in Mercer County are selling fast, if you're buying plan to act quickly.
Summary: During April 2025, 20 homes were sold in Mercer County; 45% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
65 DaysThis YearApr 2025 | ||
37 Days1 year agoApr 2024 | +73.9 % Change YoYApr 2024 – Apr 2025 |
Summary: Homes in Mercer County had an average listing age of 65 days in Apr 2025, up by 73.9% compared to the previous year.
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Newest Listings in Mercer County, KY
What homes are available in Mercer County, KY?
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MLS Disclaimers and Copyright
Based on information from Imagine MLS, and Metro Search MLS for the period 05/01/2023 - 05/01/2025

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/31/2025, 11:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/31/2025, 11:20:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.