Mercer County, PA Average Home Price (2026)
The average home price in Mercer County, Pennsylvania is about $189,000 (the 2026 median across 19 ZIP codes, at ~$140/sq ft) — 21% more affordable than the Pennsylvania median and 35% more affordable than the typical U.S. home.
How Mercer County compares
Mercer County is relatively affordable for housing nationally: its typical home costs $189,000 against $238,000 for Pennsylvania and $289,000 for the U.S. Within the county, ZIP-level values run from about $56,000 to $275,000.
| Area | Typical value | $ / sq ft |
|---|---|---|
| Mercer County | $189,000 | $140 |
| Pennsylvania | $238,000 | $165 |
| United States | $289,000 | $193 |
Mercer County home prices by ZIP code
The 15 most valuable ZIP codes in Mercer County (of 19 with data):
| ZIP code | Typical value | $ / sq ft | vs county |
|---|---|---|---|
| 16142 New Wilmington | $275,000 | $188 | +46% |
| 16113 Sharpsville | $237,000 | $125 | +25% |
| 16137 Mercer | $230,000 | $268 | +22% |
| 16148 Hermitage | $226,000 | $140 | +20% |
| 16127 Grove City | $223,000 | $262 | +18% |
| 16154 Transfer | $218,000 | $158 | +15% |
| 16145 Sandy Lake | $200,000 | $105 | +6% |
| 16114 Clarks Mills | $197,000 | $104 | +4% |
| 16133 Jackson Center | $195,000 | $242 | +3% |
| 16159 West Middlesex | $189,000 | $177 | +0% |
| 16153 Stoneboro | $184,000 | $97 | -3% |
| 16124 Fredonia | $183,000 | $96 | -3% |
| 16311 Carlton | $182,000 | $149 | -4% |
| 16130 Hadley | $181,000 | $95 | -4% |
| 16150 Sharpsville | $171,000 | $153 | -10% |
Home value appreciation in Mercer County
Home prices in Mercer County have risen about 67% over the last 10 years (≈5.2% a year) and +71.2% over 20 years, according to the FHFA house price index through 2025. The most recent year came in at +1.8% — still rising. A home worth $189,000 today was worth roughly $113,445 ten years ago.
See where that trend takes a specific home with the home appreciation calculator — statewide, Pennsylvania is +76.8% over the same 10 years. Past appreciation is a track record, not a forecast; local prices can fall.
Calculators for Mercer County
Run the numbers for Mercer County with the local rates already filled in — change any input to test your own situation.
Salary needed to buy a home in Mercer County
To buy the typical $189,000 home in Mercer County with 20% down, you need a household income of roughly $51,000 a year (about $1,200 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $61,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $9,500 | $1,490/mo | $64,000/yr |
| 10% (+PMI) | $18,900 | $1,430/mo | $61,000/yr |
| 20% | $37,800 | $1,200/mo | $51,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in Mercer County
At about $140 per square foot, here is roughly how much home different budgets get you in Mercer County:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 1070 sq ft | below the local median — condos, smaller or older homes |
| $200k | 1430 sq ft | around the typical home here |
| $250k | 1790 sq ft | above the median — larger homes or the pricier ZIPs |
| $300k | 2140 sq ft | above the median — larger homes or the pricier ZIPs |
| $400k | 2860 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens filtered to Pennsylvania.
Estimate a specific home in Mercer County
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Mercer County home prices: frequently asked
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Browse all Pennsylvania cities and counties, or look up price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research; FHFA house price index; Census ZIP-to-county relationships), not appraisals.