Christiana Lindsey House · Photo: Nyttend · Public domain29 homes sold in Mercer in the last year, at a typical $169K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Mercer homes are listed.
Every place Mercer homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Mercer.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 93% of Mercer’s sales, at a typical $180K
29 homes sold in the year to May 2026.
typical sale · 27 sold in 12 months
- Per square foot
- $107PA $183
- Days to sell
- 72
- Sold over asking
- 19%
- Listings with a price cut
- 22%
Multi-family (2–4 units): 2 sold, typical $105K
Too few sales in 12 months for reliable figures.
More homes sell than most years, at 1.7 times the 2016 price
29 sales in the last year, against 28 in 2025 and a low of 19 in 2023. The typical sale went from $97K in 2016 to $169K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $150K buys in Mercer
Check a listing against what Mercer homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Mercer are back to pre-pandemic levels, with about as many homes for sale
We read every month of Mercer’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 29 sales.
If you’re buying in Mercer
- Shop in August. It brings about 4 new listings a month, close to the busiest month, with fewer bidding wars (17% over asking).
- You can negotiate. 21% of listings have cut their price, against 9% before the pandemic.
- Offer under asking. Buyers paid 96.9% of the list price on average; 17% paid over.
- You’ll usually have time. Only 38% of homes go under contract within two weeks; the typical one takes 73 days.
Summer brings the homes; fall brings the bidding wars
August has the most new listings (about 4 a month), but October is the most competitive: 31% of October sales close over asking. January has the least competition (0%) but only about 2 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and calmer than Pennsylvania
| Mercer now | 2017–19 | 2021 peak | PA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 17% | 20% | 27% | 33% |
| Gone within two weeksShare of homes under contract within 14 days | 38% | 0% | 31% | 46% |
| Listings with a price cutShare of homes for sale that cut their price | 21% | 9% | 13% | 26% |
| Price paid vs. askingAverage sale price ÷ list price | 96.9% | 97.2% | 97.1% | 98.9% |
| Days to sellMedian days from listing to contract | 73 | 165 | 170 | 37 |
10 homes for sale on a typical day
That’s 1.4 times the 2022 low (7), about the 2017–19 level and well under 2013’s 25.
1 in 5 listings has cut its price
21% in the last year, against 9% in 2017–19 and 26% across Pennsylvania. More sellers are pricing high and coming down.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Mercer home costs about $1,034 a month
Price: Mercer’s typical sale, last 12 months. Property tax at Mercer’s 1.1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Mercer is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in August
The month with the most choice. February has the fewest, about 1.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $169K home, about $1,820 a year.
Taxes vs. neighborsSchools
The schools grade for Mercer, from test results, graduation and how much students grow.
Schools in MercerCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Farrell and Sharon sell for less a square foot; Grove City and Slippery Rock for far more
The busier markets within 25 miles of Mercer, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Hermitage | 151 | $239K | $132 | 21% | 70 |
| Sharon | 150 | $78K | $89 | 17% | 77 |
| Grove City | 56 | $206K | $142 | 29% | 59 |
| Sharpsville | 51 | $138K | $108 | 18% | 70 |
| Farrell | 50 | $83K | $62 | 38% | 69 |
| Mercer | 29 | $169K | $106 | 17% | 73 |
| Slippery Rock | 27 | $250K | $152 | 15% | 77 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Mercer, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Mercer. People who follow the town see it, and so do people comparing Mercer with their own town. No commission, no listing fee.
Questions about buying a home in Mercer
What do homes sell for in Mercer, PA?
29 homes sold in the year to May 2026 at a typical $169K, $106 a square foot.
Is Mercer a buyer’s or seller’s market?
A seller’s market: 11 homes were for sale in May 2026 and 3 sold, about 3.7 months of supply. Buyers paid 96.9% of asking on average, and 21% of listings cut their price.
When is the best time to buy in Mercer?
August brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Mercer?
About 1.1% of a home’s value a year. On a $169K home that’s near $1,820.
Where can I see homes for sale in Mercer?
Zillow, Redfin, Realtor.com and Homes.com all carry Mercer’s MLS listings; the search links above open each one filtered to Mercer.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).