Mercer County, PA Housing

Mercer, PA County is a great place to consider buying a house. The median value of housing in Mercer, PA County is $140,900, which is significantly lower than the US median value of $338,100. Furthermore, the one year appreciation rate for houses in Mercer, PA County was 10.36%, which is higher than the US average of 8.27%. Therefore, purchasing a house now in Mercer, PA County would be an excellent investment and could result in good returns over time.

The median home cost in Mercer County is $140,900. Home appreciation the last 10 years has been 57.9%. Home Appreciation in Mercer County is up 15.7%.

Average Age of Homes

- The median age of Mercer County real estate is 58 years old

The Rental Market in Mercer County

- Renters make up 23.2% of the Mercer County population
- 1.0% of houses and apartments in Mercer County, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Mercer, Pennsylvania	United States
	50,940.0	139,647,020.0
	59	42
	$140,900	$338,100
	15.7%	16.6%
	43.6%	57.0%
	57.9%	101.1%
	$13.60	$10.98
	$1,766	$2,690
	64.0%	57.4%
	10.1%	11.2%
	25.9%	31.4%
Vacant Housing
	1.0%	1.9%
	0.3%	0.4%
	0.8%	0.7%
	0.6%	0.4%
	1.6%	3.6%
	5.9%	4.1%
Value of Owner-Occupied Housing
	4.9%	2.6%
	4.6%	2.4%
	7.0%	2.8%
	9.8%	3.9%
	9.9%	4.5%
	22.5%	11.3%
	17.1%	13.0%
	14.5%	20.1%
	5.6%	13.6%
	2.2%	8.3%
	1.3%	9.7%
	0.3%	3.9%
	0.3%	2.2%
	0.1%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.8%	13.6%
	6.8%	13.6%
	9.6%	13.6%
	8.2%	13.2%
	15.0%	14.8%
	9.6%	13.6%
	15.9%	10.0%
	7.8%	4.7%
	23.8%	12.2%

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