54547
Mercer, Wisconsin.
Mercer, Iron County, WI · population 1,549
to buy the typical home at today's mortgage rate — +$984 (+138%) since Jan 2020.
- 1 year
- Up $28,526 +10%
- $294,678$323,203 since Sep 2025
- 5 years
- Up $97,296 +43%
- $225,908$323,203 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 54547$1,696
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 10 years.
Typical home values in zip 54547 rose 9.7% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Mercer, WI — measured over the city limits, which is a different area from this zip.
Typical home value — 54547
Mid-tier homes, smoothed and seasonally adjusted.
- 54547$323,203
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 12.5 | 54545 | Manitowish Waters | 947 | — | $721,762 |
| 13.2 | 54534 | Hurley | 2,393 | — | $144,573 |
| 14.0 | 54550 | Montreal | 768 | — | $123,516 |
| 16.6 | 54557 | Presque Isle | 1,042 | — | $492,718 |
| 17.4 | 54538 | Lac Du Flambeau | 3,025 | — | $484,672 |
| 19.8 | 54552 | Park Falls | 4,292 | — | $204,964 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.