Is Mercer, PA 16137 a buyer’s or seller’s market?
Mercer is a balanced market. With about 5.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply5.2Under 4 months = seller’s market
Sold above original list16.7%Share of sales, last 3 months
Median sale-to-list94.7%Sold price ÷ list price
Median days on market81Listing to accepted offer
Median price per sq ft$156▼ −12.9% vs. last year
Run the numbers for 16137
Nearby markets
Carlton 16311Seller’s market $152 /sq ftClarks Mills 16114 — /sq ftFarrell 16121Balanced — /sq ftFredonia 16124Buyer’s market — /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology