Mercer County, IL

Land Market Insights and Pricing in Mercer County, Illinois

On average, land listings in Mercer County, IL have a lot size of 45 acres and are priced around $336,250. The median price per acre in Mercer County, IL is $7,347.
Market Trends
Properties for Sale
18
Total Acreage for Sale
178 ac
Median Lot Size
45.7 ac
Average Lot Size
44.6 ac
Median List Price
$310,000
Average List Price
$336,250
Median Price Per Acre
$7,347 / ac
Total Price Reductions
Median Days on Market
73 days
Average Days on Market
7,740 days

Land for Sale in Mercer County,

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About Mercer County, IL
Mercer County, Illinois, offers a diverse landscape for land buyers, spanning 569 square miles with the Mississippi River defining its western border. The terrain transitions from flat floodplains to rolling hills and bluffs, creating a picturesque setting for various land uses. Prime farmland dominates the floodplains and upland areas, while the more rugged terrain provides opportunities for pasture, woodland, and recreational properties. The county's strategic location within the Davenport-Moline-Rock Island Metropolitan Area balances rural charm with urban accessibility. With a low unemployment rate of 3.1% and a median home price of $139,300, Mercer presents an affordable option for land investment. However, potential buyers should note the higher-than-average property tax rate of 1.95%. The county's resilience to natural disasters and low economic loss risk, as assessed by FEMA, further enhances its appeal for long-term land ownership.

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Disclaimer: The metrics displayed on this page are calculated based on listings advertised on the Land Network for properties over 10 acres, excluding commercial properties. The data reflects the characteristics and trends of these specific types of listings. If you have any questions or need more detailed information, please contact Customer Support.