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FREDONIA, PA 16124

Real Estate Market Report  ·  Mercer County
Buyer's Market
July 2026  ·  Source: Realtor.com

Market Analysis

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

The FREDONIA, PA real estate market (16124) currently shows 6 active listings, with 2 pending sales. Homes are averaging 194 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 194 days on market compared to 22 days last year.

The median listing price has risen 131% year-over-year, from $166,000 to $383,450.

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 Context

Market Context

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

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

Market Overview

Active Listings
6
⇧ 20% vs 5 last year
Pending
2
33% pending ratio
Median Price
$383,450
⇧ 131% vs $166,000 last year
Average Price
$384,225
⇧ 81.1% vs $212,200 last year
Days on Market
194
⇧ 781.8% vs 22 days last year

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 6 this year vs 5 last year
  • Days on market: 194 now vs 22 last year

Median & Average Pricing

Year over Year
  • Median: $383,450 (+131% YoY)
  • Average: $384,225 (+81.1% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.7 miles — 135 listings ($53,415,471 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
16124Fredonia, PA 161240.0 mi6$2,305,350$383,450$384,225
16137Mercer, PA 161377.1 mi31$15,947,516$374,500$514,436
16130Hadley, PA 161308.0 mi5$1,390,040$296,500$278,008
16153Stoneboro, PA 161539.6 mi3$624,849$190,475$208,283
16145Sandy Lake, PA 1614510.5 mi1$119,000$119,000$119,000
16111Atlantic, PA 1611112.9 mi1$450,000$450,000$450,000
16142New Wilmington, PA 1614214.0 mi11$5,371,872$379,675$488,352
16121Farrell, PA 1612114.7 mi15$1,344,870$76,750$89,658
16127Grove City, PA 1612714.9 mi20$12,620,340$326,750$631,017
16134Jamestown, PA 1613415.7 mi15$3,929,010$230,725$261,934
16314Cochranton, PA 1631416.4 mi11$2,066,020$147,000$187,820
16342Polk, PA 1634217.4 mi4$873,332$190,000$218,333
44428Kinsman, OH 4442817.7 mi12$6,373,272$256,225$531,106

Frequently Asked Questions

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

As of July 2026, there are 6 active listings in FREDONIA, PA (zip code 16124), compared to 5 the prior year.

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

The median listing price in FREDONIA, PA 16124 is $383,450 as of July 2026, a 131% increase from $166,000 the prior year.

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

Homes in FREDONIA, PA 16124 spend an average of 194 days on the market before going under contract, compared to 22 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 July 2026, FREDONIA, PA 16124 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 194 days on market compared to 22 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 $7,669 compared to a typical 5% commission on the median listing price of $383,450. 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.