Real Estate Investing in Mercer, Tennessee

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 736 • Madison County

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Should you buy in Mercer, TN? Our answer, based on the numbers below.

🏠 For Homebuyers
WEAK FIT
Grade F (39/100)

Multiple negative signals. Better options likely exist nearby.

📈 For Investors
WEAK
2.0 / 5 (33/100)

Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.

⚠️ Risks to Know
2 flags
  • High vacancy: 14.8% of homes vacant — above national norms.
  • Flat appreciation: Values have barely moved over 5 years (0.0% CAGR).

What’s happening in Mercer, TN?

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2.0/ 5

Investability

Citywide average

0.0/ 5

Appreciation

Long-term value growth

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $197,408
Avg Monthly Rent $954
ZIP Codes 1

Investing in Mercer Real Estate

Mercer, TN covers 1 ZIP codes and a population but the investment metrics here are underwhelming — this is not a market to enter casually.

A 2.0 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. Mercer is in that category.

Transaction volume in Mercer has thinned in a way that amplifies price discovery risk. On the rental side, investors without local context should treat every number on the page with skepticism.

Mercer's population trends and income levels suggest a market where affordability is strained, which constrains how aggressively rents can rise without hurting collections.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Jackson, TN

Mercer is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Mercer, TN. Anonymous, moderated, never written by AI.

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Avg Home Value
$197,408
Avg Monthly Rent
$954
1% Rule
✗ Below
Landlord Friendly (TN)

📉 Market Crash Risk Index

Based on Jackson, TN metro

4/10
Moderate Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
64%
Days Pending
2/2
64 days

View all metro crash risk rankings →

❄️ Cool Market — Jackson, TN metro
64
Days to pending
9.9%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Mercer, TN

Screen every ZIP in Mercer

Filter Mercer’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Mercer, TN

What is the average home sale price in Mercer, TN?

Typical homes in Mercer, TN go for around $197K. The 5-year CAGR of 0.0% predictable price movement.

How deep is the rental pool in Mercer, TN?

The tenant pool in Mercer, TN is solid, supported by local employment and population fundamentals. Rents of $954/mo are well-absorbed by the market.

How much rent can I charge in Mercer, TN?

Rents in Mercer, TN run near $954/mo. Compared with median home prices of $197K that produces solid gross yields for typical rentals.

Can I house hack in Mercer, TN?

Mercer, TN offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $954/mo rent level.

Is Mercer, TN landlord-friendly?

TN ranks as a landlord-friendly state for landlord-tenant law. Mercer generally follows the statewide framework, so landlords face reasonable operating rules.

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