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MERCER, TN 38392

Real Estate Market Report  ·  Madison County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
4
⇧ 100% vs 2 last year
Pending
1
25% pending ratio
Median Price
$275,900
⇩ 1.1% vs $279,000 last year
Average Price
$695,300
⇧ 149.2% vs $279,000 last year
Days on Market
102
⇧ 3% vs 99 days last year

Market Context

Population: 783  ·  Density: 8.4/mi²  ·  Median household income: $52,031

Typical home value: $58,849  ·  Homeownership: 88.2%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The MERCER, TN real estate market (38392) currently shows 4 active listings, with 1 pending sales. Homes are averaging 102 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 102 days on market compared to 99 days last year.

The median listing price has fallen 1.1% year-over-year, from $279,000 to $275,900.

Whether you are buying or selling in MERCER, TN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 2 last year
  • Days on market: 102 now vs 99 last year

Median & Average Pricing

Year over Year
  • Median: $275,900 (-1.1% YoY)
  • Average: $695,300 (+149.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 26.7 miles — 150 listings ($101,512,996 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38392Mercer, TN 383920.0 mi4$2,781,200$275,900$695,300
38356Medon, TN 383568.4 mi9$2,138,211$189,900$237,579
38075Whiteville, TN 380759.0 mi8$3,204,464$374,900$400,558
38008Bolivar, TN 3800815.0 mi25$7,813,450$259,900$312,538
38006Bells, TN 3800616.7 mi13$5,801,315$309,900$446,255
38069Stanton, TN 3806918.8 mi11$46,559,205$277,450$4,232,655
38068Somerville, TN 3806821.7 mi34$19,945,182$330,000$586,623
38042Hickory Valley, TN 3804222.1 mi3$329,700$109,900$109,900
38337Gadsden, TN 3833722.6 mi6$2,139,240$389,000$356,540
38313Beech Bluff, TN 3831325.1 mi9$3,411,567$374,450$379,063
38067Saulsbury, TN 3806725.8 mi8$1,638,632$234,900$204,829
38334Finger, TN 3833426.2 mi5$1,877,125$265,900$375,425
38315Bethel Springs, TN 3831526.7 mi15$3,873,705$217,500$258,247

Frequently Asked Questions

How many homes are for sale in MERCER, TN 38392?

As of January 2026, there are 4 active listings in MERCER, TN (zip code 38392), compared to 2 the prior year.

What is the median home price in MERCER, TN 38392?

The median listing price in MERCER, TN 38392 is $275,900 as of January 2026, a 1.1% decrease from $279,000 the prior year.

How long do homes stay on the market in MERCER, TN?

Homes in MERCER, TN 38392 spend an average of 102 days on the market before going under contract, compared to 99 days the prior year.

Is it a seller's or buyer's market in MERCER, TN 38392?

Based on current inventory and days-on-market data as of January 2026, MERCER, TN 38392 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 102 days on market compared to 99 days last year.

How much can I save on real estate commission in MERCER, TN?

With SELL123.com's maximum 3% commission, sellers in MERCER, TN 38392 save an estimated $5,518 compared to a typical 5% commission on the median listing price of $275,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.