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FREDONIA, PA 16124

Real Estate Market Report  ·  Mercer County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
5
⇧ 150% vs 2 last year
Pending
1
20% pending ratio
Median Price
$169,000
⇩ 73% vs $624,950 last year
Average Price
$307,733
⇩ 50.8% vs $624,950 last year
Days on Market
86
⇩ 35.8% vs 134 days last year

Market Context

Population: 1,704  ·  Density: 24.3/mi²  ·  Median household income: $53,894

Typical home value: $152,797  ·  Homeownership: 83.5%

Market Analysis

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

The FREDONIA, PA real estate market (16124) currently shows 5 active listings, with 1 pending sales. Homes are averaging 86 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are selling faster, averaging 86 days on market compared to 134 days last year.

The median listing price has fallen 73% year-over-year, from $624,950 to $169,000.

Whether you are buying or selling in FREDONIA, 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: 5 this year vs 2 last year
  • Days on market: 86 now vs 134 last year

Median & Average Pricing

Year over Year
  • Median: $169,000 (-73% YoY)
  • Average: $307,733 (-50.8% 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 17.4 miles — 235 listings ($69,200,566 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
16124Fredonia, PA 161240.0 mi5$1,538,665$169,000$307,733
16137Mercer, PA 161377.1 mi30$14,298,720$335,000$476,624
16130Hadley, PA 161308.0 mi6$1,749,240$319,000$291,540
16133Jackson Center, PA 161338.9 mi1$140,000$140,000$140,000
16150Sharpsville, PA 161509.9 mi18$2,671,758$129,000$148,431
16148Hermitage, PA 1614811.2 mi49$18,914,637$270,000$386,013
16146Sharon, PA 1614614.0 mi68$7,707,664$79,000$113,348
16311Carlton, PA 1631114.7 mi1$334,500$334,500$334,500
44404Burghill, OH 4440414.7 mi2$490,000$245,000$245,000
16127Grove City, PA 1612714.9 mi27$14,434,794$287,500$534,622
16134Jamestown, PA 1613415.7 mi16$4,339,088$220,000$271,193
16314Cochranton, PA 1631416.4 mi8$1,726,600$182,500$215,825
16342Polk, PA 1634217.4 mi4$854,900$190,000$213,725

Frequently Asked Questions

How many homes are for sale in FREDONIA, PA 16124?

As of January 2026, there are 5 active listings in FREDONIA, PA (zip code 16124), compared to 2 the prior year.

What is the median home price in FREDONIA, PA 16124?

The median listing price in FREDONIA, PA 16124 is $169,000 as of January 2026, a 73% decrease from $624,950 the prior year.

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

Homes in FREDONIA, PA 16124 spend an average of 86 days on the market before going under contract, compared to 134 days the prior year.

Is it a seller's or buyer's market in FREDONIA, PA 16124?

Based on current inventory and days-on-market data as of January 2026, FREDONIA, PA 16124 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 86 days on market compared to 134 days last year.

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

With SELL123.com's maximum 3% commission, sellers in FREDONIA, PA 16124 save an estimated $3,380 compared to a typical 5% commission on the median listing price of $169,000. 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.