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Cheap Homes in Mercer, PA

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View this home at Emerson Ave Farrell PA 16121
Preforeclosure
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$46,150 EMV
Emerson Ave
Farrell, PA 16121
Single-Family
EST. RENT: $670
|
AUCTION: 05-13-2024
Single-Family
View this home at 2nd Ave Sharon PA 16146
Preforeclosure
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$38,220 EMV
2nd Ave
Sharon, PA 16146
Single-Family
EST. RENT: $850
|
AUCTION: 05-13-2024
Single-Family
View this home at W Lake Rd Transfer PA 16154
Preforeclosure
VIEW DETAILS
$52,040 EMV
W Lake Rd
Transfer, PA 16154
3 |
1
|
1,900
EST. RENT: $890
|
AUCTION: 05-13-2024
3 |
1
|
1,900
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Top Reasons To Live In Mercer, PA In 2024

Mercer is located in Mercer, Pennsylvania, with an estimated municipal population of 1,882 residents. All of the best foreclosed homes for sale in Mercer are located in the following zip code areas on Foreclosure.com: 16137. The estimated population per square kilometer (.62 miles) in Mercer is 628.


Cost Of Living In Mercer, PA

So, about how much do homes cost in Mercer? The most recent median value of resident-owned homes in Mercer is 113,127. An estimated 58.2 percent of households in Mercer own their homes, with an average family size of 2.73. The median household income in Mercer is 48,015, with18 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Mercer, the median commute time of resident workers (in minutes) is 22.4. And last, but certainly not least, are you looking for homes to rent in Mercer? If so, the average rent price paid by renters in Mercer is 584, according to recent statistics.


Diversity And Demographics In Mercer, Pennsylvania

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Mercer, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Mercer is 44.1, split between 42.3 percent male versus 57.7 female. The percentage of residents who report being married in Mercer is 43.4, with an average family size of 2.73.

The percentage of residents who report their race in Mercer is as follows:

White 96.1%
Black / African American 0%
Asian 0.4%
American Indian / Alaskan Native 1.5%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2%
Other 0%

Looking for family-friendly neighborhoods in and/or near Mercer? Or maybe you are searching for 55+ active adult communities in and/or near Mercer?

The percentage of residents who report their age in Mercer is as follows:

Under 10 11.5%
Aged 10-19 7.4%
20s 13.8%
30s 13%
40s 11%
50s 13.1%
60s 13.4%
70s 9.7%
80+ 7.1%

Best Schools In Mercer, Pennsylvania

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Mercer with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Mercer.


Pros And Cons Of Living In Mercer, Pennsylvania

How do you know that living in -- or moving to -- Mercer is right where you need to be? Perhaps you grew up in Mercer or already live nearby; therefore, the decision to buy a home in Mercer is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Mercer for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Mercer:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Mercer.


Reasons To Move To Mercer, Pennsylvania, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Mercer can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Mercer, meanwhile, can field multiple offers from more qualified buyers.

Cheap Homes in Mercer, PA


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