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MERCER, TN 38392

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The MERCER, TN real estate market (38392) currently shows 3 active listings. Homes are averaging 78 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 78 days on market compared to 97 days last year.

The median listing price has fallen 15.2% year-over-year, from $325,400 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 Context

Market Context

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

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

Market Overview

Active Listings
3
⇧ 50% vs 2 last year
Pending
0
0% pending ratio
Median Price
$275,900
⇩ 15.2% vs $325,400 last year
Average Price
$701,933
⇧ 115.7% vs $325,400 last year
Days on Market
78
⇩ 19.6% vs 97 days last year

Price Per Square Foot

Median $/sqft
$230
⇧ 96.6% vs $117/sqft last year
Median Home Size
1,864 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 2 last year
  • Days on market: 78 now vs 97 last year

Median & Average Pricing

Year over Year
  • Median: $275,900 (-15.2% YoY)
  • Average: $701,933 (+115.7% 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
Price Per Sqft
Price Reduced %

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 ($103,757,826 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38392Mercer, TN 383920.0 mi3$2,095,851$275,900$698,617
38356Medon, TN 383568.4 mi8$1,952,064$187,250$244,008
38075Whiteville, TN 380759.0 mi7$2,658,383$374,900$379,769
38008Bolivar, TN 3800815.0 mi27$8,366,625$249,416$309,875
38006Bells, TN 3800616.7 mi15$6,265,020$305,000$417,668
38069Stanton, TN 3806918.8 mi10$44,779,950$276,225$4,477,995
38068Somerville, TN 3806821.7 mi34$21,513,908$349,698$632,762
38042Hickory Valley, TN 3804222.1 mi3$272,175$90,725$90,725
38337Gadsden, TN 3833722.6 mi7$3,925,572$519,450$560,796
38313Beech Bluff, TN 3831325.1 mi10$4,011,890$411,950$401,189
38067Saulsbury, TN 3806725.8 mi6$1,432,560$250,000$238,760
38334Finger, TN 3833426.2 mi6$3,016,602$432,400$502,767
38315Bethel Springs, TN 3831526.7 mi14$3,467,226$226,000$247,659

Frequently Asked Questions

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

As of March 2026, there are 3 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 March 2026, a 15.2% decrease from $325,400 the prior year.

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

Homes in MERCER, TN 38392 spend an average of 78 days on the market before going under contract, compared to 97 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 March 2026, MERCER, TN 38392 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 78 days on market compared to 97 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.