46Alpha

Mercer County, NJ Housing Market Brief

county · NJ · score computed October 2026

Balanced

What is Mercer County, NJ’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
●71
Inventory Health25%
●34

Population band 5 of 5 (population 103,008–9,808,667) · comparable within its band

Affordability20%
●23
Economic Strength20%
●66
Rental Yield15%
●39

Where is Mercer County, NJ in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Mercer County, NJ is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Mercer County, NJ?

County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Mercer County, NJ housing market data

MetricValueYoYSource
Median Sale Price$434K▼ -3.5%Redfin
Median Days on Market48 days0%Redfin
Months of Supply3.6▲ +9.1%Redfin
Homes for Sale1,071▲ +20.1%Redfin
Homes Sold296▲ +8.8%Redfin
Median Price / Sq Ft$278▼ -3.6%Redfin

How has Mercer County, NJ’s Alpha Score moved?

Now: 46
2-period trend
Median sale price · 12 mo

Markets like Mercer County, NJ

Frequently asked questions

Is Mercer County, NJ a buyer's or seller's market?

In the scores computed October 2026, Mercer County, NJ is classified as a Balanced Market, based on its Alpha Score of 46 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Mercer County, NJ?

The median sale price in Mercer County, NJ is $434K, having fallen 3.5% over the past year, according to Redfin.

How affordable is Mercer County, NJ?

Mercer County, NJ scores 23 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Mercer County, NJ's Alpha Score?

Mercer County, NJ's strongest dimension is Price Momentum (71/100) and its weakest is Affordability (23/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Mercer County, NJ? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.