The median housing value in 16137 Mercer, PA is $175,600, which is significantly lower than the national median of $338,100. However, this area has seen an increase of 10.29% in housing appreciation over the last year, higher than the US average of 8.27%. This demonstrates a strong and steady growth in the local housing market and makes it a desirable place to invest for those looking for long-term returns.
The median home cost in Mercer (zip 16137) is $175,600. Home appreciation the last 10 years has been 57.9%. Home Appreciation in Mercer (zip 16137) is up 15.7%.
Average Age of Homes
- The median age of Mercer (zip 16137) real estate is 44 years old
The Rental Market in Mercer (zip 16137)
- Renters make up 16.6% of the Mercer (zip 16137) population
- 0.1% of houses and apartments in Mercer (zip 16137), 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.