Unshakable ZIP Data 54547 | Mercer, WI Housing Market
Mercer · Iron County · Wisconsin · Data updated June 19, 2026
The median sale price in ZIP 54547, Mercer, Wisconsin is $481,857 at $343 per square foot. 5 single-family homes sold in the latest period, down 42.8 percent from a year earlier. Homes sit a median of 66 days on market with 9.6 months of supply. Sellers are getting 100.8 percent of list price and 60.0 percent of homes sold above asking.
Buyer leverage market. Negotiate hard.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $320,142 | |
| Average price per sq ft | $228 | |
| Median sale price | $481,857 | |
| Median sale price per sq ft | $343 | |
| Median home size | 1,404 sq ft | |
| Median new listing price | $614,646 | +0.9% |
| National size rank | 21,791 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 5 | -42.8% |
| Median days on market | 66 days | |
| Months of supply | 9.6 months | |
| New listings | 13 | -22.4% |
| Active listings | 22 | -14.3% |
| Pending sales | 7 | -40.9% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 100.8% | +4.1 pts |
| Share sold above list | 60.0% | +48.9 pts |
Bedroom value anchors
Average values by bedroom count. Value anchors for orientation, not appraisals.
2-bedroom
$285,739
3-bedroom
$409,864
These figures describe the single-family market for Mercer, Wisconsin ZIP 54547. They are market context, not a substitute for sold comps or a formal appraisal.