Farm in Mercer County
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Reonomy operates the most comprehensive database for Mercer County Farm and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Mercer County commercial real estate professionals. Members from Mercer County include brokers, investors and service providers, many of whom specialize in Mercer County Farm.
Mercer County farm sold prices and values
The average assessed value of farms in Mercer County is $26,960.
|Values and sold prices (last 24 months)||United States||Illinois||Mercer County|
|Average sold price||$940,253||$793,304||--|
|Median sold price||$196,309||$230,516||--|
|Number of sales||244,825||10,245||--|
|Number of sales over $250k||104,966||4,871||--|
|Number of sales over $1m||27,825||1,289||--|
|Number of sales over $10m||3,080||153||--|
|Average total tax amount||$2,463||$2,512||$2,330|
|Average assessed value||$126,720||$31,687||$26,960|
|Average market value||$191,916||$82,937||$26,015|
Mercer County farm property averages
The average lot size of farms in Mercer County is 2,927,014 sf. This is 70% above the Illinois average.
|Property averages||United States||Illinois||Mercer County|
|Average lot size||2,915,548 sf||1,913,592 sf||3,183,549 sf|
|Median lot size||1,479,660 sf||1,396,535 sf||2,927,014 sf|
|Average building area||276 sf||155 sf||--|
|Median building area||64 sf||70 sf||--|
|Median year built||1976||1968||--|
|Average number of units||2||8||--|
|Median number of units||--||--||--|
Mercer County farm total supply
There are 4,432 farms in Mercer County. This is 194% below the Illinois average.
|Supply||United States||Illinois||Mercer County|
|Number of parcels||7,522,827||337,862||4,432|
|Aggregate lot acerage||239,717,923||5,790,594||10,670|
|Aggregate building area||134,609,604 sf||1,249,242 sf||--|
Mercer County farm industrial mortgages
|Debt||United States||Illinois||Mercer County|
|Number of mortgages||2,725,200||134,509||--|
|Average value of mortgages||$3,041,479||$5,386,044||--|