Mercer County, NJ — Housing & Real Estate
Home values, rent, homeownership rates, housing types, and property taxes
Housing Overview
Source: Census Bureau ACS (2023)Median Home Value
$351,000
Median Rent
$1,515/mo
Homeownership
61.9%
Vacancy Rate
6.1%
Total Housing Units
150,600
Property Tax
$8,804/yr
Housing Tenure
Source: Census Bureau ACS (2023)Owner-Occupied61.9%
Renter-Occupied38.1%
Housing Types
Source: Census Bureau ACS (2023)Single Family68.0%
Multi-Family31.5%
Mobile Home0.5%
Owner Costs
Source: Census Bureau ACS (2023)With Mortgage
$1,984/mo
Without Mortgage
$2,577/mo
Median Year Built
1967
The median home value in Mercer County, NJ is $351,000 according to 2023 Census Bureau estimates. The median monthly rent is $1,515. 61.9% of housing units are owner-occupied. There are 150,600 total housing units in the county. The vacancy rate is 6.1%.