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FARRELL, PA 16121

Real Estate Market Report  ·  Mercer County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
17
⇩ 45.2% vs 31 last year
Pending
6
35% pending ratio
Median Price
$79,700
⇧ 35.1% vs $59,000 last year
Average Price
$85,621
⇧ 18% vs $72,536 last year
Days on Market
84
⇩ 31.1% vs 122 days last year

Market Context

Population: 4,309  ·  Density: 730.9/mi²  ·  Median household income: $28,534

Typical home value: $66,726  ·  Homeownership: 58.8%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The FARRELL, PA real estate market (16121) currently shows 17 active listings, with 6 pending sales. Homes are averaging 84 days on the market before going under contract.

Inventory has tightened compared to last year, with 14 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 84 days on market compared to 122 days last year.

The median listing price has risen 35.1% year-over-year, from $59,000 to $79,700.

Whether you are buying or selling in FARRELL, PA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 17 this year vs 31 last year
  • Days on market: 84 now vs 122 last year

Median & Average Pricing

Year over Year
  • Median: $79,700 (+35.1% YoY)
  • Average: $85,621 (+18% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 12.2 miles — 266 listings ($59,522,351 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
16121Farrell, PA 161210.0 mi17$1,455,557$79,700$85,621
16146Sharon, PA 161461.6 mi68$7,707,664$79,000$113,348
16148Hermitage, PA 161483.7 mi49$18,914,637$270,000$386,013
44403Brookfield, OH 444034.9 mi10$5,646,570$259,900$564,657
16150Sharpsville, PA 161505.9 mi18$2,671,758$129,000$148,431
16140New Bedford, PA 161408.2 mi1$227,000$227,000$227,000
44505Youngstown, OH 445058.5 mi52$9,507,160$149,900$182,830
16154Transfer, PA 161548.8 mi5$1,343,900$260,000$268,780
16142New Wilmington, PA 161429.5 mi15$7,001,580$320,000$466,772
44504Youngstown, OH 4450410.2 mi20$2,888,700$134,900$144,435
44506Youngstown, OH 4450610.5 mi4$413,800$95,000$103,450
44510Youngstown, OH 4451011.1 mi2$87,900$43,950$43,950
16116Edinburg, PA 1611612.2 mi5$1,656,125$260,000$331,225

Frequently Asked Questions

How many homes are for sale in FARRELL, PA 16121?

As of January 2026, there are 17 active listings in FARRELL, PA (zip code 16121), compared to 31 the prior year.

What is the median home price in FARRELL, PA 16121?

The median listing price in FARRELL, PA 16121 is $79,700 as of January 2026, a 35.1% increase from $59,000 the prior year.

How long do homes stay on the market in FARRELL, PA?

Homes in FARRELL, PA 16121 spend an average of 84 days on the market before going under contract, compared to 122 days the prior year.

Is it a seller's or buyer's market in FARRELL, PA 16121?

Based on current inventory and days-on-market data as of January 2026, FARRELL, PA 16121 is currently a Seller's Market. Inventory has tightened compared to last year, with 14 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 84 days on market compared to 122 days last year.

How much can I save on real estate commission in FARRELL, PA?

With SELL123.com's maximum 3% commission, sellers in FARRELL, PA 16121 save an estimated $1,594 compared to a typical 5% commission on the median listing price of $79,700. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.