Mercer County, Pennsylvania home prices
Typical home $179,580 · +0.5% in a year · property tax 1.18%
The typical home in Mercer County is worth $179,580, 37% less than the Pennsylvania typical home ($287,078). Values changed +0.5% in the past year and +8.0% over five years. Homeowners here pay a median 1.18% of their home's value in property tax each year ($2,120 on the typical home), versus 1.12% statewide.
Mortgage on the typical Mercer County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $35,916 | $143,664 | $966 | $0 | $266 | $1,233 | $52,800 |
| 10% down | $17,958 | $161,622 | $1,087 | $67 | $266 | $1,421 | $60,900 |
| 5% down | $8,979 | $170,601 | $1,148 | $71 | $266 | $1,485 | $63,700 |
| 3.5% down (FHA) | $6,285 | $176,328 | $1,186 | $79 | $266 | $1,532 | $65,700 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.18% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Pennsylvania · part of the Youngstown metro area.
Pennsylvania counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Schuylkill County | $179,851 | +4.2% | 1.4% |
| Somerset County | $180,049 | +5.0% | 0.98% |
| Huntingdon County | $181,292 | +2.7% | 0.94% |
| Crawford County | $175,975 | +7.0% | 1.35% |
| Northumberland County | $175,473 | +1.4% | 1.1% |
| Blair County | $175,427 | +6.4% | 1.07% |
| Indiana County | $172,619 | +8.2% | 1.5% |
| Lawrence County | $164,572 | +4.2% | 1.34% |
| Armstrong County | $161,968 | -0.5% | 1.37% |
| Mifflin County | $197,401 | +4.8% | 1.45% |
Frequently asked questions
What is the average home price in Mercer County, PA?
The typical home value in Mercer County is $179,580 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Mercer County?
About $52,800 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Mercer County?
The median effective rate is 1.18% of home value a year (Census ACS 2024 5-year estimates).