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Mercer County, KY Real Estate & Property Data

Mercer County Real Estate Market Trends

Last Updated: September 06, 2025

With up-to-date real estate data get detailed insight into Mercer County, KY sourced from the nation’s leading property data provider. The current median home price in Mercer County, KY is $220,000. Mercer County real estate data shows that there have been a total of 364 residential properties sold over the past 12 months.

Mercer County Real Estate Market Trends

Get property data for any address in Mercer County, KY or the country:

Total Residential Properties 10,288

Total Commercial Properties 455

Avg. Home Age (Single Family Home) 42 Years

Avg. Square Feet (Single Family Home) 1,660

Total 2025 Residential Sales (year-to-date) 159

% of Homes Seriously Underwater (Q3 2025) 2%

Total 2024 Residential Sales 348

% of Equity Rich Homes (Q3 2025) 23.18%

Effective 2024 Property Tax 0.62%

Total Foreclosure Filings (year-to-date) N/A

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Mercer County, KY Real Estate Overview

There were 364 residential properties sold in the past year in Mercer County, KY. The median home value in Mercer County, KY is $213,570. There are a total of 10,288 residential properties in the Mercer.

Median Sales Price i

$220,000

(Jun 2025)

-4.3%

year-over-year

y-o-y

June '25 Jun '25 $220,000
May '25 May '25 $268,500
April '25 Apr '25 $209,250
March '25 Mar '25 $251,700
February '25 Feb '25 $195,000
January '25 Jan '25 $189,500
December '24 Dec '24 $277,500
November '24 Nov '24 $300,000
October '24 Oct '24 $210,000
September '24 Sep '24 $192,500
August '24 Aug '24 $280,000
July '24 Jul '24 $224,620

Median Down Payment i

$84,460

(Jun 2025)

+83.6%

year-over-year

y-o-y

June '25 Jun '25 $84,460
May '25 May '25 $47,500
April '25 Apr '25 $17,000
March '25 Mar '25 $39,000
February '25 Feb '25 $44,100
January '25 Jan '25 $13,500
December '24 Dec '24 $7,677
November '24 Nov '24 $51,150
October '24 Oct '24 $7,500
September '24 Sep '24 $20,350
August '24 Aug '24 $42,755
July '24 Jul '24 $26,580

Number of Homes Sold i

22

(Jun 2025)

-33.3%

year-over-year

y-o-y

June '25 Jun '25 22
May '25 May '25 34
April '25 Apr '25 27
March '25 Mar '25 20
February '25 Feb '25 23
January '25 Jan '25 33
December '24 Dec '24 21
November '24 Nov '24 21
October '24 Oct '24 19
September '24 Sep '24 28
August '24 Aug '24 30
July '24 Jul '24 53

Number of Purchase Loans i

12

(Jun 2025)

-63.6%

year-over-year

y-o-y

June '25 Jun '25 12
May '25 May '25 24
April '25 Apr '25 16
March '25 Mar '25 18
February '25 Feb '25 16
January '25 Jan '25 35
December '24 Dec '24 15
November '24 Nov '24 12
October '24 Oct '24 17
September '24 Sep '24 27
August '24 Aug '24 22
July '24 Jul '24 30

Number of REFI Loans i

18

(Jun 2025)

+20%

year-over-year

y-o-y

June '25 Jun '25 18
May '25 May '25 37
April '25 Apr '25 35
March '25 Mar '25 25
February '25 Feb '25 20
January '25 Jan '25 28
December '24 Dec '24 15
November '24 Nov '24 19
October '24 Oct '24 30
September '24 Sep '24 23
August '24 Aug '24 17
July '24 Jul '24 24

Number of HELOC Loans i

17

(Jun 2025)

+6.2%

year-over-year

y-o-y

June '25 Jun '25 17
May '25 May '25 13
April '25 Apr '25 15
March '25 Mar '25 3
February '25 Feb '25 14
January '25 Jan '25 12
December '24 Dec '24 15
November '24 Nov '24 8
October '24 Oct '24 11
September '24 Sep '24 14
August '24 Aug '24 24
July '24 Jul '24 21

Mercer County, KY Real Estate Market Overview

Last 30 days

City

Median Est. Value
City

Median Est. Value
City

Median Est. Value

Burgin

$213,570 $128.66/sqft
Harrodsburg

$208,720 $126.84/sqft
Salvisa

$262,379 $146.56/sqft

Mercer County, KY Foreclosure Activity

Total Foreclosure Filings i

June '25 Jun '25 N/A
May '25 May '25 N/A
April '25 Apr '25 N/A
March '25 Mar '25 N/A
February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 1
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A

Foreclosure Starts i

June '25 Jun '25 N/A
May '25 May '25 N/A
April '25 Apr '25 N/A
March '25 Mar '25 N/A
February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 1
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A

Completed Foreclosures (REOs) i

June '25 Jun '25 N/A
May '25 May '25 N/A
April '25 Apr '25 1
March '25 Mar '25 1
February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A

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