Mercer, MO Real Estate
According to census data in the year 2000 there were 193 housing units in Mercer.
This represents a 5.5% growth from 183 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 193 were located in what is classified as a rural area.
Homeownership rate in Mercer is about 75.9%.
Mercer's vacancy rate, including seasonal lodging, is about 11.9%.
Average household size is 2.08 people.
The majority of houses, apartments or condos in Mercer were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.10% |
| One Bedroom | 16.60% |
| Two Bedrooms | 38.30% |
| Three Bedrooms | 36.80% |
| Four Bedrooms | 4.70% |
| Five Bedrooms or more | 1.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.23 |
| Median year structure was built | 1957 |
| Median Value of occupied units | $25,400 |
| Median Price asked for vacant units | $25,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.59 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $225 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.60% |
| Home Equity Loan | 0% |
| Simple Mortgage | 24.80% |
| Debt Free | 70.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.3% |
