Mercer County, North Dakota home prices
Typical home $233,278 · +5.1% in a year · property tax 1.1%
The typical home in Mercer County is worth $233,278, 20% less than the North Dakota typical home ($290,657). Values changed +5.1% in the past year and +17.7% over five years. Homeowners here pay a median 1.1% of their home's value in property tax each year ($2,567 on the typical home), versus 0.92% statewide.
Mortgage on the typical Mercer County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $46,656 | $186,623 | $1,255 | $0 | $331 | $1,586 | $68,000 |
| 10% down | $23,328 | $209,950 | $1,412 | $87 | $331 | $1,830 | $78,400 |
| 5% down | $11,664 | $221,614 | $1,491 | $92 | $331 | $1,914 | $82,000 |
| 3.5% down (FHA) | $8,165 | $229,053 | $1,541 | $103 | $331 | $1,975 | $84,600 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.1% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in North Dakota.
North Dakota counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Traill County | $233,747 | +8.2% | 1.03% |
| Richland County | $231,281 | +4.3% | 1.13% |
| Bottineau County | $230,235 | +9.9% | 0.72% |
| Ramsey County | $230,097 | +7.1% | 0.99% |
| Stutsman County | $228,961 | +5.9% | 1.1% |
| McLean County | $224,646 | +4.3% | 0.76% |
| Mountrail County | $215,626 | +2.6% | 0.52% |
| Oliver County | $256,771 | +6.5% | 0.62% |
| Sargent County | $205,756 | +4.9% | 1.12% |
| Ransom County | $203,703 | +7.1% | 1.02% |
Frequently asked questions
What is the average home price in Mercer County, ND?
The typical home value in Mercer County is $233,278 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Mercer County?
About $68,000 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Mercer County?
The median effective rate is 1.1% of home value a year (Census ACS 2024 5-year estimates).