#1691623, Alex Karam, Listing Office: Berkshire Hathaway The Preferred Realty
Mercer County Housing Market Report February 2025•Mercer County, Pennsylvania
Housing Prices in Mercer County, PA
How much do homes in Mercer County, PA cost?
Housing Market Conditions
Is Mercer County, PA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Mercer County is a Buyer's Market
Difference Since February 2024
At the same time last year, Mercer County was a Seller's Market.
Mercer County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Mercer County have sold for 8.4% more than they did a year ago.
Summary: The median home sold price in Mercer County was $164,630 in February 2025, up 8.4% from last year, and the median price per square foot was $128.
Median Sold Price By Counties
City | Feb 2024 | Feb 2025 | Change YoY |
---|---|---|---|
Crawford County | $147.9K | $167.8K | +13.4% |
Trumbull County | $145K | $160.9K | +11.0% |
Mercer County | $151.8K | $164.6K | +8.4% |
Butler County | $329.3K | $350.1K | +6.3% |
Median Sold Price By Bedrooms
Beds | Feb 2024 | Feb 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $46.2K | $68.5K | +48.1% |
22 Bedrooms | $115K | $107K | -7.0% |
33 Bedrooms | $153.7K | $175K | +13.8% |
44 Bedrooms | $221K | $188K | -14.9% |
55+ Bedrooms | $327.5K | $305.4K | -6.7% |
Summary: Mercer County housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +48.1%. The home price for 2 bedroom homes decreased by -7.0%. The home price for 3 bedroom homes increased by +13.8%. The home price for 4 bedroom homes decreased by -14.9%. The home price for 5 bedroom homes decreased by -6.7%.
How does Mercer County, PA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Mercer County, PA
Housing supply in Mercer County, PA
How many homes are available in Mercer County, PA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
320Last MonthFeb 2025 | ||
3242 months agoJan 2025 | -1.2 % Change MoMJan – Feb |
Summary: The Mercer County real estate market had 320 homes for sale in Feb 2025, a 1.2 % decrease compared to Jan 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
39Last MonthFeb 2025 | ||
412 months agoJan 2025 | -4.9 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
Beds | Jan 2025 | Feb 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 3 | 4 | +33.3% |
22 Bedrooms | 57 | 58 | +1.8% |
33 Bedrooms | 197 | 178 | -9.6% |
44 Bedrooms | 52 | 63 | +21.2% |
55+ Bedrooms | 15 | 17 | +13.3% |
Summary: Mercer County housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +33.3%. The inventory for 2 bedroom homes increased by +1.8%. The inventory for 3 bedroom homes decreased by -9.6%. The inventory for 4 bedroom homes increased by +21.2%. The inventory for 5 bedroom homes increased by +13.3%.
Asking Price vs. Sold Price
How much do homes in Mercer County, PA cost?
Over Asking Price6 Homes
At Asking Price5 Homes
Under Asking Price28 Homes
If you're buying a home in Mercer County, you may be able to get a good deal. 71.8% of homes here sold below asking price last month.
Summary: A total of 39 homes were sold or pending in Mercer County in February 2025, down by 4.9% month-over-month. Of the 39 sold homes, 72% were sold under asking, 13% were sold at asking, and and 15% were sold over asking.
Days on Market for Mercer County, PA
How long does it take to sell a home in Mercer County, PA?
Breakdown of Home Sale Times
Under 30 Days7 Homes
30 – 90 Days17 Homes
Over 90 Days15 Homes
Avg time on Rocket Homes in Mercer County has remained consistent over time.
Summary: During February 2025, 39 homes were sold in Mercer County; 18% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
89 DaysThis YearFeb 2025 | ||
81 Days1 year agoFeb 2024 | +10.0 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Mercer County had an average listing age of 89 days in Feb 2025, up by 10.0% compared to the previous year.
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Newest Listings in Mercer County, PA
What homes are available in Mercer County, PA?
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MLS Disclaimers and Copyright
Based on information from West Penn Multi-List Inc., Erie MLS, BrightMLS, MLS Now, and New York State Alliance of MLS for the period 03/01/2023 - 03/01/2025

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, 6:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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, 6:16:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. 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, 6:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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, 6:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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© 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 3/13/2025, 6:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.