Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mercer County area can be challenging. Home prices in Mercer County are now at a median cost of $134,650, lower than the Pennsylvania average of $222,630.
The average cost of rent is $747/mo in Mercer County, primarily driven by the current value of real estate in the Mercer County area. While nearly 48.37% of residents own their homes outright in Mercer County, 26.03% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mercer County is $4,841 per month. Households that rent pay about 15.44% of their income on rent here. Mercer County's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the county.
Nearby Counties
- Trumbull County, OH: less expensive homes
- Clarion County, PA: equally priced homes
- Portage County, OH: higher priced homes
- Summit County, OH: higher priced homes
- Medina County, OH: higher priced homes
- Lorain County, OH: higher priced homes
- Huron County, OH: equally priced homes
- Sandusky County, OH: equally priced homes
- Seneca County, OH: less expensive homes
- Clinton County, PA: higher priced homes
Counties with Similar Populations
- Fayette County, GA: higher priced homes
- Allegan County, MI: higher priced homes
- Androscoggin County, ME: higher priced homes
- Douglas County, KS: higher priced homes
- Carroll County, GA: higher priced homes
- Wayne County, NC: equally priced homes
- Tom Green County, TX: higher priced homes
- Monongalia County, WV: higher priced homes
- Potter County, TX: equally priced homes
- Platte County, MO: higher priced homes
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