New - 10 hours on Rocket
$4,501 Closing Credit¹
#1689217, Wesley McLaughlin, Listing Office: Brokers Realty
Mercer County Housing Market Report January 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 January 2024
At the same time last year, Mercer County was a Neutral Market.
Insight
Mercer County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$164,779$124/SqFt
+$13,079
+8.6%
Based on all homes sold in the last 12 months
Insight
Homes in Mercer County have sold for 8.6% more than they did a year ago.
Summary: The median home sold price in Mercer County was $164,779 in January 2025, up 8.6% from last year, and the median price per square foot was $124.
Median Sold Price By Counties
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Trumbull County | $145K | $159.9K | +10.3% |
| Mercer County | $151.7K | $164.7K | +8.6% |
| Crawford County | $150K | $160.8K | +7.2% |
| Butler County | $329.9K | $349.8K | +6.0% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $46.2K | $77K | +66.5% |
| 22 Bedrooms | $113K | $111K | -1.8% |
| 33 Bedrooms | $153.9K | $173K | +12.4% |
| 44 Bedrooms | $215.2K | $190.9K | -11.3% |
| 55+ Bedrooms | $327.5K | $335.2K | +2.4% |
Summary: Mercer County housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +66.5%. The home price for 2 bedroom homes decreased by -1.8%. The home price for 3 bedroom homes increased by +12.4%. The home price for 4 bedroom homes decreased by -11.3%. The home price for 5 bedroom homes increased by +2.4%.
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 |
|---|---|---|
| 338Last MonthJan 2025 | ||
| 3052 months agoDec 2024 | +10.8 % Change MoMDec – Jan |
Summary: The Mercer County real estate market had 338 homes for sale in Jan 2025, a 10.8 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 36Last MonthJan 2025 | ||
| 582 months agoDec 2024 | -37.9 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 2 | 3 | +50.0% |
| 22 Bedrooms | 59 | 61 | +3.4% |
| 33 Bedrooms | 180 | 207 | +15.0% |
| 44 Bedrooms | 46 | 52 | +13.0% |
| 55+ Bedrooms | 18 | 15 | -16.7% |
Summary: Mercer County housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +50.0%. The inventory for 2 bedroom homes increased by +3.4%. The inventory for 3 bedroom homes increased by +15.0%. The inventory for 4 bedroom homes increased by +13.0%. The inventory for 5 bedroom homes decreased by -16.7%.
Asking Price vs. Sold Price
How much do homes in Mercer County, PA cost?
Over Asking Price3 Homes
At Asking Price3 Homes
Under Asking Price30 Homes
Insight
If you're buying a home in Mercer County, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 36 homes were sold or pending in Mercer County in January 2025, down by 37.9% month-over-month. Of the 36 sold homes, 83% were sold under asking, 8% were sold at asking, and and 8% 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 Days15 Homes
30 – 90 Days14 Homes
Over 90 Days7 Homes
Insight
Many homes in Mercer County are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 36 homes were sold in Mercer County; 42% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 55 DaysThis YearJan 2025 | ||
| 67 Days1 year agoJan 2024 | -18.4 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Mercer County had an average listing age of 55 days in Jan 2025, down by 18.4% compared to the previous year.
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Newest Listings in Mercer County, PA
What homes are available in Mercer County, PA?
New - 21 hours on Rocket
$2,255 Closing Credit¹
#1689086, Ann Barber, Listing Office: Era Johnson Real Estate Inc.
New - 21 hours on Rocket
$2,494 Closing Credit¹
#1689097, Jeffrey Miller, Listing Office: Berkshire Hathaway The Preferred Realty
New - 1 day on Rocket
$1,958 Closing Credit¹
#1689131, Bobbie Schuller, Listing Office: Howard Hanna Real Estate Services
New - 1 day on Rocket
$1,306 Closing Credit¹
#1688892, Lisa Phillips, Listing Office: Berkshire Hathaway The Preferred Realty
New - 1 day on Rocket
$5,344 Closing Credit¹
#1688962, Debra Shelby, Listing Office: Howard Hanna Real Estate Services
New - 1 day on Rocket3D tour
$4,156 Closing Credit¹
#1689047, Katie Collins, Listing Office: Clear Choice Enterprises, Llc
New - 2 days on Rocket
$4,572 Closing Credit¹
#1688859, Bonnie McClaine, Listing Office: Berkshire Hathaway The Preferred Realty
New - 2 days on Rocket
$2,969 Closing Credit¹
#1688913, Malinda Koncar, Listing Office: Berkshire Hathaway The Preferred Realty
New - 2 days on Rocket
$1,733 Closing Credit¹
#1688918, Paul Cowie, Listing Office: Your Town Realty Llc
New - 2 days on Rocket
$1,413 Closing Credit¹
#1688756, Jeffrey Miller, Listing Office: Berkshire Hathaway The Preferred Realty
New - 2 days on Rocket
$1,781 Closing Credit¹
#1688863, Mason Carson, Listing Office: Re/Max Infinity
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Based on information from West Penn Multi-List Inc., Erie MLS, BrightMLS, MLS Now, and Greater Scranton MLS for the period 02/01/2023 - 02/01/2025
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: 2/22/2025, 5:20:48 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: 2/22/2025, 5:15:58 AM 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: 2/22/2025, 5:15:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. 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.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 5:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is 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. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 5:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information provided by the Greater Scranton Board of REALTORS® MLS. Information is for consumers personal noncommercial use, and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Consult the specific municipality for permitted Zoning uses. 
Listings courtesy of Greater Scranton MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 5:15:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Listings courtesy of Greater Scranton MLS as distributed by MLS GRID.All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 5:15:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.