Zip 16137 (Mercer, PA) Housing


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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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingMercer, PennsylvaniaUnited States
  5,001.0139,647,020.0
  4642
  $175,600$338,100
  15.7%16.6%
  43.6%57.0%
  57.9%101.1%
  $12.26$10.98
  $1,852$2,690
  73.1%57.4%
  11.5%11.2%
  15.4%31.4%
  Vacant Housing
  0.1%1.9%
  0.0%0.4%
  0.4%0.7%
  0.1%0.4%
  4.5%3.6%
  6.3%4.1%
  Value of Owner-Occupied Housing
  7.0%2.6%
  2.8%2.4%
  4.4%2.8%
  7.7%3.9%
  7.0%4.5%
  20.6%11.3%
  18.9%13.0%
  19.4%20.1%
  5.4%13.6%
  3.1%8.3%
  2.6%9.7%
  0.8%3.9%
  0.3%2.2%
  0.0%0.8%
  0.1%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  10.5%13.6%
  10.5%13.6%
  13.7%13.6%
  14.1%13.2%
  19.6%14.8%
  13.7%13.6%
  9.0%10.0%
  3.0%4.7%
  19.6%12.2%
Commute