Real Estate Investing in Mercer County, Pennsylvania

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

19 ZIP codes • Population: 110,160

Should you buy in Mercer County, PA? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (62/100)

Mixed β€” values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.

πŸ“ˆ For Investors
MIXED
2.7 / 5 (48/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • Elevated vacancy: 9.9% vacancy may signal weakening demand.
  • Flat appreciation: Values have barely moved over 5 years (1.2% CAGR).

What’s happening in Mercer County, PA?

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2.7/ 5

Investability

County-wide average

1.0/ 5

Appreciation

1.2% 5yr CAGR

4.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $175,827
Avg Monthly Rent $898
ZIP Codes 19

Investing in Mercer County Real Estate

Mercer County (PA) covers 19 ZIPs and 18 municipalities. decisively the fundamentals here skew distressed, and both rent and price trends have been subdued across most of the geography.

The investment case for Mercer County is difficult to make on screen data alone. a challenging fit for a 2.7 rating and cap rates that appear attractive only until real vacancy is underwritten.

Demographics in Mercer show real pressure β€” $N/AK median income is tepid relative to rents, and the 0% renter share includes significant cost-burdened households.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in Mercer County, PA. Anonymous, moderated, never written by AI.

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Avg Home Value
$175,827
Avg Monthly Rent
$898
1% Rule
βœ— Below
Landlord Friendly (PA)
β˜…β˜…β˜…β˜…β˜†

πŸŽ“ Colleges & Universities in Mercer County

7 Colleges 5,046 Students 145 Off-Campus Renters
B
Grove City College
4-Year Private Β· 2,394 students
C
Westminster College
4-Year Private Β· 1,203 students
C
Laurel Technical Institute
2-Year For-Profit Β· 160 students
C
Thiel College
4-Year Private Β· 920 students
C
Pennsylvania State University-Penn State Shenango
4-Year Public Β· 332 students
πŸ“ ~145 students rent off-campus
C
Sharon Regional School of Nursing
Vocational For-Profit Β· 37 students
D
Mercer County Career Center
Vocational Public Β· 0 students

Cities in Mercer County

ZIP Codes in Mercer County, PA

16125 β˜… β˜… β˜… β˜… β˜…
Greenville
Population 17,088
Avg Home $149,897
Avg Rent $800/mo
16148 β˜… β˜… β˜… β˜… β˜…
Hermitage
Population 16,563
Avg Home $217,894
Avg Rent $954/mo
16127 β˜… β˜… β˜… β˜… β˜…
Grove City
Population 15,295
Avg Home $218,985
Avg Rent $738/mo
16146 β˜… β˜… β˜… β˜… β˜…
Sharon
Population 13,033
Avg Home $73,606
Avg Rent $961/mo
16137 β˜… β˜… β˜… β˜… β˜…
Mercer
Population 12,327
Avg Home $222,483
Avg Rent $873/mo
16150 β˜… β˜… β˜… β˜… β˜…
Sharpsville
Population 7,053
Avg Home $163,492
Avg Rent $800/mo
16142 β˜… β˜… β˜… β˜… β˜…
New Wilmington
Population 5,433
Avg Home $272,891
Avg Rent $873/mo
16159 β˜… β˜… β˜… β˜… β˜…
West Middlesex
Population 4,664
Avg Home $176,648
Avg Rent $873/mo
16121 β˜… β˜… β˜… β˜… β˜…
Farrell
Population 4,290
Avg Home $52,684
Avg Rent $972/mo
16145 β˜… β˜… β˜… β˜… β˜…
Sandy Lake
Population 2,674
Avg Home $190,292
Avg Rent $873/mo
16154 β˜… β˜… β˜… β˜… β˜…
Transfer
Population 2,351
Avg Home $217,556
Avg Rent $882/mo
16153 β˜… β˜… β˜… β˜… β˜…
Stoneboro
Population 2,303
Avg Home $179,763
Avg Rent $936/mo
16130 β˜… β˜… β˜… β˜… β˜…
Hadley
Population 1,876
Avg Home $176,422
Avg Rent $873/mo
16124 β˜… β˜… β˜… β˜… β˜…
Fredonia
Population 1,656
Avg Home $175,218
Avg Rent $873/mo
16133 β˜… β˜… β˜… β˜… β˜…
Jackson Center
Population 1,528
Avg Home $196,319
Avg Rent $1,125/mo
16161 β˜… β˜… β˜… β˜… β˜…
Wheatland
Population 703
Avg Home $63,359
Avg Rent $927/mo
16114 β˜… β˜… β˜… β˜… β˜…
Clarks Mills
Population 575
Avg Home $195,808
Avg Rent $891/mo
16311 β˜… β˜… β˜… β˜… β˜…
Carlton
Population 397
Avg Home $176,730
Avg Rent $873/mo
16113 β˜… β˜… β˜… β˜… β˜…
Sharpsville
Population 351
Avg Home $220,664
Avg Rent $963/mo

Screen every market in Mercer County

Filter this county’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo). Add weekly alerts when these markets move with Investor Pro+.

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Frequently Asked Questions About Mercer County

What is the typical renter like in, PA?

Tenant demand in, PA is solid. The local workforce $898/mo rents across most rental classes.

Is rental property easy to operate in, PA?

PA ranks as a tenant-protective state for landlord-tenant law. generally follows the statewide framework, so landlords face reasonable operating rules.

What price range are homes in, PA?

In, PA the median home value sits at $176K. Against the broader PA market, that reads as reasonable for most investors.

Is, PA above or below the PA benchmark?

, PA sits broadly in line with the PA average on most investor metrics. Home values of $176K and rents of $898/mo set the benchmark here.

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