Is Mercer, TN 38392 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Mercer is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.8Under 4 months = seller’s market

Sold above original list0%Share of sales, last 3 months

Median sale-to-list97.2%Sold price ÷ list price

Median days on market36Listing to accepted offer

Median price per sq ft$101

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Nearby markets

Beech Bluff 38313Seller’s market $158 /sq ft Denmark 38391Buyer’s market $164 /sq ft Jackson 38301Seller’s market $128 /sq ft Jackson 38305Seller’s market $157 /sq ft Browse all markets →

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology