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Condo Foreclosures in Mercer, PA

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Mercer, PA Foreclosures

Current Market Conditions in in Mercer, PA As of April 2026?
In the past month, Mercer has experienced a slight uptick in home prices due to increased buyer interest and diminishing inventory. Listings have been moving quickly, especially for homes that are well-maintained or updated. More families are considering Mercer for relocation due to its appealing community vibe and amenities. This has led to a few bidding wars, especially on desirable properties. The market is heating up as we head into the busy spring season.
How much do homes sell for in Mercer, PA?
The average home price is currently $161,322.
What’s the average rental cost in Mercer, PA?
The average rental price in Mercer is $1,150.
What is the most expensive home in Mercer?
The most expensive home sold in Mercer had a price of $2,568,113.
What is currently the cheapest priced home in Mercer, PA?
The cheapest home for sale in Mercer is priced at $11,100.

Living in Mercer, PA

Mercer, PA, is a small town with a rich history and a strong sense of community. It's surrounded by beautiful nature and offers a variety of local amenities. With its peaceful atmosphere and outdoor activities, Mercer is perfect for families and those seeking a quieter lifestyle.

Buyer vs Seller Market in Mercer, PA

The real estate market in Mercer has shown steady growth over recent months, with an increase in home values driven by demand from families and retirees looking for affordable housing options.

Many homes in Mercer are priced competitively, making it an attractive market for first-time homebuyers. The inventory has been low, creating a seller's market where homes tend to sell quickly.

Home Value Estimator For Mercer, PA

There are currently 4,759 real estate properties in Mercer, PA, with a median automated valuation model (AVM) price of $104,244.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mercer, PA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Mercer, PA, is $161,322.00, with the most expensive house in Mercer, PA, topping out at $2,568,113.00 and the cheapest home in Mercer, PA, clocking in at $11,100.00. In other words, there’s something for every potential homebuyer or savvy investor in Mercer, PA!

Rent Prices In Mercer, PA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mercer, PA, is on a rollercoaster ride. The average rent price in Mercer, PA, is $1,150.00. Indeed, when looking to rent in Mercer, PA, you can expect to pay as little as $450.00 or as much as $1,980.00, with the average rent median estimated to be $1,110.00. The good news is that finding an affordable and desirable property to rent in Mercer, PA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Mercer, PA Condos

Market Trend for Mercer, PA

Total Listings Available: 0

Market Values:

Home Prices from $11,100 to $2,568,113

Average Sales Price: $161,322

Rental Values:

Rental from $450 to $1,980

Average Rent Value: $1,150 / month

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