Search homes for sale in Mercer County with Freeman Smith.
The median sale price of a home in Mercer County rose to $460K last month, marking an 8.9% increase compared to the previous year. The median price per square foot also climbed 5.7% year-over-year to $297, reflecting steady demand and continued appreciation in property values across the county.
Median Sale Price
Median Sale Price per Sq. Ft.
Total Homes Sold
Median Days on Market
In May 2025, Mercer County’s housing market showed steady growth, with the median home price rising 8.9% year-over-year to $460K, reflecting strong buyer demand and continued appreciation. However, homes are taking slightly longer to sell, averaging 40 days on the market compared to 32 days last year, suggesting buyers may be becoming more deliberate in their decisions or reacting to higher prices. Sales volume dipped slightly as well, with 310 homes sold this May compared to 314 the previous year, indicating relatively stable activity despite the modest slowdown in pace. Overall, the market remains healthy, with rising prices underscoring its resilience.
In June 2025, homes in Mercer County, NJ sold for an average of 100.86% of the list price, indicating that most properties are selling very close to asking, with some even receiving full-price or slightly above-list offers. On average, homes are going pending after 40 days on the market. While this is slightly longer than last year, the trend has improved compared to last month, suggesting buyer activity has picked up recently. This balance of steady pricing and moderate market pace reflects stable demand, with competitively priced homes continuing to attract strong interest.
As of June 2025, Mercer County, NJ is considered a balanced market, where housing supply and buyer demand are relatively equal. This equilibrium creates stable conditions, with homes generally selling close to asking price and at a moderate pace—averaging about 40 days on the market. Buyers benefit from having more time to evaluate options without intense bidding wars, while sellers can still expect fair market value when pricing competitively. This balanced environment supports measured decision-making for both parties.
Whether you're looking for your ideal property or just have questions about the Mercer County market, Freeman (Jeff) Smith is here to guide you every step of the way. With deep local insights and personalized service, Jeff ensures your home-buying experience is seamless and successful. Reach out today to take the first step toward your new home!
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Freeman's goal is to simplify a very complicated process and arrive at the very best for you, the client. With over 40 years of sales and negotiating experience, your needs will be placed before everything else.
