Market Summary

Mercer, Madison County, TN

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Median Home Price Price

$183,232 $183.2K

Median Monthly Rent Rent

$925 $925

GRM

16.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Madison County

Region Price Rent GRM Display
Medon
$192,399 $797 20.0x
Beech Bluff
$208,332 $997 17.0x
Denmark
$172,703 $1,469 10.0x
Pinson
$172,748 $1,077 13.0x

Home prices

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Monthly rent

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GRM

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Similar markets within TN outside of Madison County

Region Price Rent GRM Display
Kenton, Gibson County, TN
$138,504 $827 14.0x
Ardmore, Lincoln County, TN
$251,653 $1,033 20.0x
Iron City, Wayne County, TN
$185,071 $798 19.0x
Minor Hill, Giles County, TN
$219,727 $1,139 16.0x
Waynesboro, Wayne County, TN
$161,913 $431 31.0x
Benton, Polk County, TN
$246,419 $749 27.0x
Mc Donald, Bradley County, TN
$417,013 $1,335 26.0x
Michie, McNairy County, TN
$177,163 $916 16.0x
Gates, Haywood County, TN
$119,071 $687 14.0x
Dyer, Gibson County, TN
$141,934 $922 13.0x
Friendship, Crockett County, TN
$169,857 $818 17.0x
Halls, Lauderdale County, TN
$130,599 $746 15.0x
Stanton, Haywood County, TN
$172,382 $1,227 12.0x
Prospect, Giles County, TN
$240,372 $1,241 16.0x
Normandy, Bedford County, TN
$387,498 $1,577 20.0x
Guys, McNairy County, TN
$159,823 $1,015 13.0x
Lobelville, Perry County, TN
$159,879 $920 14.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of TN

Region Price Rent GRM Display
Concord, Dixon County, NE
$192,444 $837 19.0x
Middletown, Pike County, MO
$306,206 $896 28.0x
Melrose, Monroe County, IA
$165,865 $901 15.0x
Crossville, De Kalb County, AL
$188,929 $888 18.0x
Bolton, Columbus County, NC
$160,714 $1,015 13.0x
Ruffin, Rockingham County, NC
$190,634 $745 21.0x
Dexter, Stoddard County, MO
$156,822 $925 14.0x
New Lothrop, Shiawassee County, MI
$225,012 $835 22.0x
Buffalo Lake, Renville County, MN
$190,168 $918 17.0x
Saint Martinville, Saint Martin Parish, LA
$144,498 $879 14.0x
Shorterville, Henry County, AL
$119,701 $952 10.0x
Clarinda, Page County, IA
$117,100 $778 13.0x
Pierson, Montcalm County, MI
$266,149 $885 25.0x
Franklinville, Randolph County, NC
$209,113 $975 18.0x
Odessa, Lincoln County, WA
$208,328 $898 19.0x
Brooksville, Bracken County, KY
$189,400 $944 17.0x
Spavinaw, Mayes County, OK
$159,318 $912 15.0x
Ramseur, Randolph County, NC
$208,227 $963 18.0x
Lakeview, Montcalm County, MI
$202,548 $816 21.0x
Staley, Randolph County, NC
$238,505 $1,015 19.0x
Thompsontown, Juniata County, PA
$212,938 $840 21.0x
Grifton, Pitt County, NC
$171,740 $980 15.0x
Bedford, Taylor County, IA
$93,042 $815 9.0x
McGrath, Aitkin County, MN
$188,183 $930 17.0x
Danville, Lawrence County, AL
$224,069 $1,221 15.0x
Georgiana, Butler County, AL
$111,463 $704 13.0x
Dows, Wright County, IA
$115,662 $821 12.0x
Fountain, Wilson County, NC
$148,934 $834 15.0x
Elton, Jefferson Davis Parish, LA
$118,797 $743 13.0x
Corbin, Whitley County, KY
$171,577 $868 17.0x
Julian, Guilford County, NC
$262,975 $1,166 19.0x
Mount Ayr, Ringgold County, IA
$127,079 $830 13.0x
Glennville, Tattnall County, GA
$193,511 $923 17.0x

Home prices

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Monthly rent

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GRM

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Mercer

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Trend Insights

Median Rent in Mercer, TN is $925, with MoM change +$7 and YoY change +$52 pointing to positive momentum while volatility is low (std $12).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Mercer, TN.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Mercer, TN
Compare market Select a market
Delta vs base
Median rent
$925
N/A
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Median price
$183,232
N/A
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YoY change
+$52
N/A
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Price-to-rent
16.5x
Data unavailable
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