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These days, finding an affordable place to live in the Mercersburg area can be challenging. Home prices in Mercersburg are now at a median cost of $249,493, lower than the Pennsylvania average of $288,156.
The average cost of rent is $1,256/mo in Mercersburg, primarily driven by the current value of real estate in the Mercersburg area. In Mercersburg, 22.28% of households rent, and 47.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mercersburg is $7,083 per month. Households that rent pay about 17.73% of their income on rent here. Mercersburg’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Church Hill, PA: equally priced homes
- Welsh Run, PA: higher priced homes
- Sylvan, PA: equally priced homes
- Upton, PA: higher priced homes
- Dutchtown, PA: higher priced homes
- Williamson, PA: equally priced homes
- Big Cove Tannery, PA: equally priced homes
- Cito, PA: less expensive homes
- Fort Loudon, PA: equally priced homes
- Greencastle, PA: higher priced homes
Cities with Similar Populations
- New Market, TN: less expensive homes
- Pinon Hills, CA: higher priced homes
- Pine City, MN: equally priced homes
- Pine Brook, NJ: higher priced homes
- Pilot Point, TX: higher priced homes
- Phoenix, NY: less expensive homes
- Northford, CT: higher priced homes
- Newcastle, CA: higher priced homes
- New Tazewell, TN: less expensive homes
- New Martinsville, WV: less expensive homes
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