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Foreclosure Homes in Mercer, PA

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Mercer, PA Foreclosures

Current Market Conditions in in Mercer, PA As of February 2026?
Over the past month, Mercer's real estate market has experienced a notable increase in both buyer activity and average home prices. The number of listings has slightly decreased, leading to increased competition among buyers. As a result, homes are selling faster than usual, often above the asking price as buyers seek to secure properties in this desirable area.
How much do homes sell for in Mercer, PA?
The average home price is currently $167,077.
In Mercer, PA, how many homes are available?
There are currently 16 active home listings available in Mercer.
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 $11,272.

Living in Mercer, PA

Mercer, Pennsylvania, is a picturesque small town known for its community spirit and historical charm. With a variety of outdoor activities and local amenities, it's a wonderful place for families and nature lovers. Enjoy a peaceful lifestyle while being conveniently located near larger cities.

Buyer vs Seller Market in Mercer, PA

The real estate market in Mercer, PA, has shown promising growth over the last few months, with an increasing number of homes sold and a slight uptick in home prices. The demand for housing has remained steady, as many buyers are attracted to the area's affordability and community feel.

Current trends indicate a competitive market, particularly for single-family homes. The average days on market have decreased, signaling heightened interest from buyers seeking properties in this serene environment.

Home Value Estimator For Mercer, PA

There are currently 4,758 real estate properties in Mercer, PA, with a median automated valuation model (AVM) price of $113,927.00. 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 $167,077.00, 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 $11,272.00. 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 Foreclosures


Market Trend for Mercer, PA

Total Listings Available: 16

Market Values:

Home Prices from $11,272 to $2,568,113

Average Sales Price: $167,077

Rental Values:

Rental from $450 to $1,980

Average Rent Value: $1,150 / month

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