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Wheatland

WHEATLAND, PA 16161

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

Market Overview

Active Listings
1
⇩ 50% vs 2 last year
Pending
1
100% pending ratio
Median Price
$118,500
⇧ 157.6% vs $46,000 last year
Average Price
$118,500
⇧ 157.6% vs $46,000 last year
Days on Market
126
⇩ 58.1% vs 301 days last year

Market Context

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

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

Market Analysis

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

The WHEATLAND, PA real estate market (16161) currently shows 1 active listings, with 1 pending sales. Homes are averaging 126 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 126 days on market compared to 301 days last year.

The median listing price has risen 157.6% year-over-year, from $46,000 to $118,500.

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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 1 this year vs 2 last year
  • Days on market: 126 now vs 301 last year

Median & Average Pricing

Year over Year
  • Median: $118,500 (+157.6% YoY)
  • Average: $118,500 (+157.6% 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 11.6 miles — 182 listings ($35,848,928 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
16161Wheatland, PA 161610.0 mi1$118,500$118,500$118,500
16146Sharon, PA 161462.3 mi68$7,707,664$79,000$113,348
44438Masury, OH 444383.5 mi7$799,981$139,900$114,283
44425Hubbard, OH 444254.8 mi26$6,342,700$217,950$243,950
16150Sharpsville, PA 161506.3 mi18$2,671,758$129,000$148,431
16140New Bedford, PA 161407.6 mi1$227,000$227,000$227,000
16142New Wilmington, PA 161429.0 mi15$7,001,580$320,000$466,772
44418Fowler, OH 444189.3 mi3$1,499,700$499,900$499,900
44473Vienna, OH 444739.4 mi12$4,433,520$232,450$369,460
44504Youngstown, OH 4450410.0 mi20$2,888,700$134,900$144,435
44506Youngstown, OH 4450610.2 mi4$413,800$95,000$103,450
44510Youngstown, OH 4451010.9 mi2$87,900$43,950$43,950
16116Edinburg, PA 1611611.6 mi5$1,656,125$260,000$331,225

Frequently Asked Questions

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

As of January 2026, there are 1 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 $118,500 as of January 2026, a 157.6% 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 126 days on the market before going under contract, compared to 301 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 January 2026, WHEATLAND, PA 16161 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 126 days on market compared to 301 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 $2,370 compared to a typical 5% commission on the median listing price of $118,500. 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.