Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 109,852 ↓ 0.7% since 2020 |
| Median Household Income | $60,614 19% below national median |
| Median Home Value | $153,600 |
| Unemployment Rate | 5.2% |
| Median Age | 45.2 years |
| Housing Vacancy Rate | 9.4% |
| Total Land Sales (Past 12 Months) | 10 transactions |
| Active Listings | 22 properties |
| Avg Days on Market | 576 days |
Rural Land Sales (1+ Acres) (Apr 2025 – Feb 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $23,750 |
| Recent Sales | 5 transactions |
| Avg Days on Market | 149 days |
| Avg Parcel Size | 31.69 acres |
| Active Listings | 9 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Feb 2026 | 4.23 | $100,000 | $23,652 | 0 Herman Rd | Celina |
| Nov 2025 | 53.67 | $1,782,731 | $33,214 | 0 State Route 118 | Saint Henry |
| Nov 2025 | 1.00 | $75,000 | $75,000 | 45 Cassella Montezuma Rd | Maria Stein |
| Oct 2025 | 19.56 | $190,000 | $9,714 | 0 Rice Rd | Celina |
| Apr 2025 | 80.00 | $1,900,000 | $23,750 | 0 Erastus Durbin Rd | Fort Recovery |
Suburban/Urban Land Sales (Under 1 Acre) (Sep 2025 – Feb 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $59,900 |
| Recent Sales | 5 transactions |
| Avg Days on Market | 103 days |
| Avg Parcel Size | 0.49 acres |
| Active Listings | 13 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Address | City |
|---|---|---|---|---|
| Feb 2026 | 0.56 | $45,000 | 935 Westview Dr Lot 20 | Rockford |
| Jan 2026 | 0.39 | $59,900 | 311/315 E Main St | Coldwater |
| Nov 2025 | 0.79 | $65,000 | 2101 Thobe Ln | Maria Stein |
| Oct 2025 | 0.46 | $90,000 | 6948 Peach Tree Ln | Celina |
| Sep 2025 | 0.26 | $52,000 | 5289 Prairie View Dr | Celina |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 42,438 |
| Population (2020) | 42,528 |
| Population Growth | -0.21% |
| Median Household Income | $78,036 |
| Median Home Value | $208,600 |
| Total Housing Units | 18,023 |
| Vacant Housing Units | 1,745 |
| Housing Vacancy Rate | 9.7% |
| Median Age | 39.1 |
| Bachelor's Degree or Higher | 3,960 (9.3%) |
| Unemployment Rate | 5.2% |
Market Overview
Mercer County, Ohio has a population of 42,438, which has declined 0.21% since 2020. The median household income is $78,036, above the national median of $74,580 by 4.6%. The housing vacancy rate of 9.7% suggests balanced market conditions. The county's location in Ohio makes it accessible for investors and developers seeking rural land. Recent rural land sales show a median price of $22,830 per acre, with properties averaging 26.10 acres. There are currently 22 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Mercer County, Ohio?
As of the 2023 American Community Survey, Mercer County has a population of 42,438. The county has declined 0.21% since the 2020 Census.
What is the median household income in Mercer County?
The median household income in Mercer County is $78,036, which is 4.6% above the national median of $74,580.
Is Mercer County growing or shrinking?
Mercer County is shrinking. The population has declined 0.21% since 2020.
What is the housing market like in Mercer County?
The median home value in Mercer County is $208,600. The housing vacancy rate is 9.7%, which suggests balanced market conditions. The unemployment rate is 5.2%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $22,830 per acre. Suburban/urban lots under 1 acre have a median lot price of $52,000.
Does Reelvest buy land in Mercer County, Ohio?
Yes! Reelvest Properties buys vacant land throughout Ohio, including Mercer County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.