KY mortgage rates

Mercer County

Clear, current 2026 mortgage and refinance loan limits for homeowners in Mercer County, Kentucky. Use the verified baseline numbers below to calculate your refinance payment, evaluate your home equity, and monitor when rate alerts make refinancing advantageous.

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2026 limits

2026 Mortgage Loan Limits

Mercer County

Conforming Loan Limits

Per property
1 unit$832,750
2 units$1,066,250
3 units$1,288,800
4 units$1,601,750

FHA Loan Limits

Per property
1 unit$541,287
2 units$693,050
3 units$837,700
4 units$1,041,125

Source: Official Federal Housing Finance Agency (FHFA) and HUD loan limit schedules. Conforming data represents conventional maximums. Last synchronized: 2026 update cycle.

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Refinance Payment Estimate

Estimate Your Refinance in Mercer County

Use your current mortgage details to estimate a new refinance payment and potential monthly savings.

Estimated New Monthly Payment$2,528Principal & interest only
Home value − mortgage balance
Mortgage balance ÷ home value
Added to the proposed new loan
Proposed New Loan Amount$400,000
Estimated New Payment$2,528
Estimated Monthly SavingsAdd current rate

Estimates include principal and interest only. Taxes, insurance, closing costs, and mortgage insurance are not included.

About Mercer

A local view of the market.

The real estate market in Mercer County, Kentucky, is currently characterized as a buyer's market, with the median home sold price at $236,633 as of October 2024, reflecting a 3.3% increase from the previous year. Homes in the county are selling for a median price of $134 per square foot, and the market has seen a slight increase in the number of homes available for sale, with 124 homes listed in October 2024. Mercer County includes several notable cities, with Harrodsburg being the largest. Harrodsburg has a median listing home price of $299,500 and is known for its historical significance as the oldest city in Kentucky. Other cities in the county include Burgin, with a median listing price of $284,000, and Salvisa, where homes are listed at a median price of $345,000. Living in Mercer County offers a blend of rural and suburban experiences, with a strong presence of agriculture and farming. The county's economy is supported by industries such as manufacturing and agriculture, attracting people seeking a quieter lifestyle away from urban centers. The area's affordable housing market and scenic landscapes make it an appealing destination for those looking to relocate from more densely populated areas.

Questions & Answers

Refinancing in Mercer County

Common questions about 2026 loan limits and refinancing opportunities in Kentucky.

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