In October 2024, Mercato home prices were up 260.0% compared to last year, selling for a median price of $3.2M.
$3.2M
Sale Price
$1.01K
Sale $/Sq. Ft.
Under List Price
1.6%
Days on Market
34
Down Payment
—
Total Homes Sold
1
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How hot is the Mercato housing market?
Mercato is not very competitive. Homes sell in 34 days.
0
100
29
Not Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Multiple offers are rare.
The average homes sell for about 2% below list price and go pending in around 34 days.
Hot homes
can sell for around list price and go pending in around 11 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Mercato housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Mercato.
Flood Factor - Minor
71% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Mercato has a minor risk of flooding. 5 properties in Mercato are likely to be
severely affected
by flooding over the next 30 years. This represents 71% of all properties in Mercato. Flood risk is increasing faster than the national average.
31% of properties are at risk of wildfire over the next 30 years
Fire Factor
Mercato has a moderate risk of wildfire. There are 18 properties in Mercato that have some risk of being affected by wildfire over the next 30 years. This represents 31% of all properties in Mercato.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Mercato has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Mercato is most at risk from hurricanes. 57 properties in Mercato have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 168 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 179 mph.