$291,000
3 Beds
•2 Full Baths
Chad Forsythe, Listing Office: Berkshire Hathaway The Preferred Realty
November 2024
Report Updated 20 Days Ago
Is Mercer County, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Mercer County was a Seller's Market.
How much do homes in Mercer County, PA cost?
$162,800
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
Summary: The median home sold price in Mercer County was $162,800 in November 2024, up 8.8% from last year, and the median price per square foot was $128.
# BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $51.5K | $81K | +57.3% |
2 Bedrooms | $111.5K | $115K | +3.1% |
3 Bedrooms | $148.2K | $171.4K | +15.6% |
4 Bedrooms | $182K | $190K | +4.4% |
5+ Bedrooms | $350K | $305K | -12.9% |
Summary: Mercer County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 57.3%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 15.6%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes decreased by 12.9%.
Mercer County | $149.6K | $162.8K | +8.8% |
Butler County | $324.2K | $350.1K | +8.0% |
Trumbull County | $144.9K | $155.1K | +7.0% |
How many homes are available in Mercer County, PA?
Oct 2024 | Nov 2024 | CHANGE |
---|---|---|
361 | 345 | -4.4% |
Summary: The Mercer County real estate market had 345 homes for sale in November 2024, a 4.4% decrease compared to October 2024.
# BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 67 | 65 | -3.0% |
3 Bedrooms | 201 | 203 | +1.0% |
4 Bedrooms | 72 | 57 | -20.8% |
5+ Bedrooms | 20 | 18 | -10.0% |
Summary: The Mercer County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 3%, 3 bedroom homes increased by 1%, 4 bedroom homes decreased by 20.8%, and 5+ bedroom homes decreased by 10%.
Oct 2024 | Nov 2024 | CHANGE |
---|---|---|
65 | 49 | -24.6% |
30 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 49 homes were sold or pending in Mercer County in November 2024, down by 24.6% month-over-month. Of the 49 sold homes, 61% were sold under asking, 22% were sold at asking, and 16% were sold over asking.
How long does it take to sell a home in Mercer County, PA?
Nov 2023 | Nov 2024 | CHANGE |
---|---|---|
54 Days | 48 Days | -10.1% |
Summary: Homes in Mercer County had an average of 48 days on market in Nov 2024, down by 10.1% compared to last year.
21 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During November 2024, 49 homes were sold in Mercer County; 43% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 20 Days Ago
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MLS Disclaimers and Copyright
Based on information from West Penn Multi-List Inc., MLS Now, and BrightMLS for the period 12/01/2022 - 12/01/2024
The multiple listing information is provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. IDX info provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change, or withdrawal. Listings displaying the IDX logo belong to brokers other than this broker. Neither the listing broker(s) nor this broker or the MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
Copyright © 2024 West Penn Multi-List, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:21:04 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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