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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 Type2.10%
One Bedroom16.60%
Two Bedrooms38.30%
Three Bedrooms36.80%
Four Bedrooms4.70%
Five Bedrooms or more1.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.23
Median year structure was built1957
Median Value of occupied units$25,400
Median Price asked for vacant units$25,000

Rented Homes, Apartments and Condos

Average Household Size1.59
Median year structure was built1972
Median Monthly Rent asked for vacant units$225

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.60%
Home Equity Loan0%
Simple Mortgage24.80%
Debt Free70.60%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs12.3%