16124 Housing Market Report February 2025•Mercer County, Pennsylvania

Housing Prices in 16124, PA

How much do homes in 16124, PA cost?

Median List Price

$362,450$262/SqFt

+$230,550

+174.8%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 16124 has increased by 174.8% since last year.

Summary: The median home list price in 16124 was $362,450 in February 2025, up 174.8% from the previous year, and the median price per square foot was $262.

Median List Price By Zip Codes

City	Feb 2024	Feb 2025	Change YoY
16124	$131.9K	$362.4K	+174.8%
16137	$195.7K	$252.5K	+29.0%
16154	$285K	$315K	+10.5%
16125	$134.9K	$139K	+3.0%

Median List Price By Bedrooms

Beds	Feb 2024	Feb 2025	Change YoY
11 Bedroom	-	-	N/A
22 Bedrooms	$131.9K	$349.9K	+165.3%
33 Bedrooms	$247.7K	$379.9K	+53.4%
44 Bedrooms	$123K	$427.5K	+247.6%
55+ Bedrooms	-	-	N/A

Summary: 16124 housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +165.3%. The home price for 3 bedroom homes increased by +53.4%. The home price for 4 bedroom homes increased by +247.6%. The home price for 5 bedroom homes did not change.

How does 16124, PA compare with other places?

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16124, PA

Housing supply in 16124, PA

How many homes are available in 16124, PA?

Number of Homes For Sale

Last Month	2 months ago	Change MoM
3Last MonthFeb 2025
22 months agoJan 2025	+50.0 % Change MoMJan – Feb

Summary: The 16124 real estate market had 3 homes for sale in Feb 2025, a 50.0 % increase compared to Jan 2025.

Homes For Sale By Bedroom Count

Beds	Jan 2025	Feb 2025	Change MoM
11 Bedroom	0	0	0.0%
22 Bedrooms	0	0	0.0%
33 Bedrooms	1	1	0.0%
44 Bedrooms	1	2	+100.0%
55+ Bedrooms	0	0	0.0%

Summary: 16124 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes remained the same.

Days on Market for 16124, PA

How long does it take to sell a home in 16124, PA?

Average Listing Age

This Year	1 year ago	Change YoY
126 DaysThis YearFeb 2025
207 Days1 year agoFeb 2024	-39.0 % Change YoYFeb 2024 – Feb 2025

Summary: Homes in 16124 had an average listing age of 126 days in Feb 2025, down by 39.0% compared to the previous year.

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Newest Listings in 16124, PA

What homes are available in 16124, PA?

See More Listings

misc room with high vaulted ceiling and wood ceiling

$2,613 Closing Credit¹

$220,000

4 beds • 3.5 baths

2158 Mercer Rd, Delaware Twp PA 16124

#1687797, Lisa Phillips, Listing Office: Berkshire Hathaway The Preferred Realty

view of front of house featuring a front lawn and covered porch

rear view of house featuring covered porch and a lawn

$7,124 Closing Credit¹

$599,900

3 beds • 2.5 baths • 2,288 sqft

73 Genger Rd, Fredonia PA 16124

#178618, Listing Office: Howard Hanna BK Conneaut Lake

view of front of property with a front yard, cooling unit, and a wooden deck

view of property with a garage and a front yard

$7,541 Closing Credit¹

$635,000

4 beds • 4.5 baths

810 Hamburg Rd, Fredonia PA 16124

#1670956, Malinda Koncar, Listing Office: Berkshire Hathaway The Preferred Realty

view of front facade with covered porch and a front lawn

wooden terrace featuring ceiling fan and a grill

$1,839 Closing Credit¹

$154,900

59 Liberty St, Fredonia PA 16124

#1663461, Debra Shelby, Listing Office: Howard Hanna Real Estate Services

Nearby markets

MLS Disclaimers and Copyright

Based on information from West Penn Multi-List Inc., and Erie MLS for the period 03/01/2023 - 03/01/2025

The multiple listing information is provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. IDX info provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change, or withdrawal. Listings displaying the IDX logo belong to brokers other than this broker. Neither the listing broker(s) nor this broker or the MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

Copyright © 2025 West Penn Multi-List, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 3:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Copyright © 2025 Greater Erie Board of REALTORS®, Inc. Information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 3:15:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.