Call or Text (240) SELL-123
Wheatland

WHEATLAND, PA 16161

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

Market Analysis

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

The WHEATLAND, PA real estate market (16161) currently shows 3 active listings, with 1 pending sales. Homes are averaging 18 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 selling faster, averaging 18 days on market compared to 353 days last year.

The median listing price has risen 114.1% year-over-year, from $46,000 to $98,500.

Whether you are buying or selling in WHEATLAND, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for WHEATLAND, PA 16161 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 506  ·  Density: 624.5/mi²  ·  Median household income: $48,750

Typical home value: $61,194  ·  Homeownership: 54.7%

Market Overview

Active Listings
3
⇧ 50% vs 2 last year
Pending
1
33% pending ratio
Median Price
$98,500
⇧ 114.1% vs $46,000 last year
Average Price
$98,500
⇧ 114.1% vs $46,000 last year
Days on Market
18
⇩ 94.9% vs 353 days last year

Price Per Square Foot

Median $/sqft
$109
Median Home Size
800 sqft
Typical listing size

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 2 last year
  • Days on market: 18 now vs 353 last year

Median & Average Pricing

Year over Year
  • Median: $98,500 (+114.1% YoY)
  • Average: $98,500 (+114.1% 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 11.8 miles — 280 listings ($47,777,654 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
16161Wheatland, PA 161610.0 mi2$175,000$87,500$87,500
16146Sharon, PA 161462.3 mi71$8,213,280$78,750$115,680
44438Masury, OH 444383.5 mi7$787,360$116,175$112,480
44425Hubbard, OH 444254.8 mi28$7,709,772$272,450$275,349
16150Sharpsville, PA 161506.3 mi15$2,030,205$117,400$135,347
16140New Bedford, PA 161407.6 mi1$227,000$227,000$227,000
16142New Wilmington, PA 161429.0 mi11$5,371,872$379,675$488,352
16154Transfer, PA 161549.3 mi8$2,106,056$260,000$263,257
44420Girard, OH 444209.8 mi30$5,450,340$148,675$181,678
44405Campbell, OH 4440510.0 mi29$4,270,743$142,175$147,267
44436Lowellville, OH 4443610.3 mi12$3,483,672$190,250$290,306
44502Youngstown, OH 4450211.3 mi34$3,048,610$80,750$89,665
44471Struthers, OH 4447111.8 mi32$4,903,744$139,950$153,242

Frequently Asked Questions

How many homes are for sale in WHEATLAND, PA 16161?

As of March 2026, there are 3 active listings in WHEATLAND, PA (zip code 16161), compared to 2 the prior year.

What is the median home price in WHEATLAND, PA 16161?

The median listing price in WHEATLAND, PA 16161 is $98,500 as of March 2026, a 114.1% increase from $46,000 the prior year.

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

Homes in WHEATLAND, PA 16161 spend an average of 18 days on the market before going under contract, compared to 353 days the prior year.

Is it a seller's or buyer's market in WHEATLAND, PA 16161?

Based on current inventory and days-on-market data as of March 2026, WHEATLAND, PA 16161 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 18 days on market compared to 353 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WHEATLAND, PA 16161 save an estimated $1,970 compared to a typical 5% commission on the median listing price of $98,500. 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.