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MERCER, PA 16137

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

Market Overview

Active Listings
30
⇩ 9.1% vs 33 last year
Pending
6
20% pending ratio
Median Price
$335,000
⇧ 5.8% vs $316,527 last year
Average Price
$476,624
⇧ 20.3% vs $396,288 last year
Days on Market
87
⇩ 17.1% vs 105 days last year

Market Context

Population: 12,710  ·  Density: 45.2/mi²  ·  Median household income: $67,890

Typical home value: $159,917  ·  Homeownership: 82.2%

Market Analysis

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

The MERCER, PA real estate market (16137) currently shows 30 active listings, with 6 pending sales. Homes are averaging 87 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 87 days on market compared to 105 days last year.

The median listing price has risen 5.8% year-over-year, from $316,527 to $335,000.

Whether you are buying or selling in MERCER, 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: 30 this year vs 33 last year
  • Days on market: 87 now vs 105 last year

Median & Average Pricing

Year over Year
  • Median: $335,000 (+5.8% YoY)
  • Average: $476,624 (+20.3% 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 17.1 miles — 297 listings ($73,507,486 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
16137Mercer, PA 161370.0 mi30$14,298,720$335,000$476,624
16124Fredonia, PA 161247.1 mi5$1,538,665$169,000$307,733
16156Volant, PA 161569.4 mi4$3,084,632$771,158$771,158
16148Hermitage, PA 1614810.0 mi49$18,914,637$270,000$386,013
16150Sharpsville, PA 1615011.3 mi18$2,671,758$129,000$148,431
16114Clarks Mills, PA 1611412.2 mi1$274,000$274,000$274,000
16161Wheatland, PA 1616113.3 mi1$118,500$118,500$118,500
16121Farrell, PA 1612113.5 mi17$1,455,557$79,700$85,621
16145Sandy Lake, PA 1614513.6 mi3$735,000$245,000$245,000
16143Pulaski, PA 1614314.2 mi6$1,574,700$232,450$262,450
44438Masury, OH 4443815.3 mi7$799,981$139,900$114,283
16057Slippery Rock, PA 1605716.6 mi15$5,840,745$317,500$389,383
16101New Castle, PA 1610117.1 mi141$22,200,591$99,900$157,451

Frequently Asked Questions

How many homes are for sale in MERCER, PA 16137?

As of January 2026, there are 30 active listings in MERCER, PA (zip code 16137), compared to 33 the prior year.

What is the median home price in MERCER, PA 16137?

The median listing price in MERCER, PA 16137 is $335,000 as of January 2026, a 5.8% increase from $316,527 the prior year.

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

Homes in MERCER, PA 16137 spend an average of 87 days on the market before going under contract, compared to 105 days the prior year.

Is it a seller's or buyer's market in MERCER, PA 16137?

Based on current inventory and days-on-market data as of January 2026, MERCER, PA 16137 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 87 days on market compared to 105 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MERCER, PA 16137 save an estimated $6,700 compared to a typical 5% commission on the median listing price of $335,000. 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.