Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 109,852 ↓ 0.7% since 2020 |
| Median Household Income | $60,614 19% below national median |
| Median Home Value | $153,600 |
| Unemployment Rate | 5.2% |
| Median Age | 45.2 years |
| Housing Vacancy Rate | 9.4% |
| Total Land Sales (Past 12 Months) | 89 transactions |
| Active Listings | 50 properties |
| Avg Days on Market | 566 days |
Rural Land Sales (1+ Acres) (Oct 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $10,196 |
| Recent Sales | 54 transactions |
| Avg Days on Market | 531 days |
| Avg Parcel Size | 14.90 acres |
| Active Listings | 17 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Mar 2026 | 3.62 | $48,000 | $13,252 | Pulaski |
| Feb 2026 | 64.00 | $245,000 | $3,828 | Greenville |
| Dec 2025 | 1.40 | $73,500 | $52,500 | New Wilmington |
| Dec 2025 | 10.60 | $62,000 | $5,848 | Hadley |
| Nov 2025 | 1.18 | $26,000 | $22,034 | Sharpsville |
| Nov 2025 | 51.00 | $62,136 | $1,218 | New Wilmington |
| Oct 2025 | 4.03 | $72,000 | $17,866 | Hermitage |
| Oct 2025 | 17.90 | $200,000 | $11,173 | Mercer |
| Oct 2025 | 2.85 | $35,000 | $12,289 | Volant |
| Oct 2025 | 2.98 | $35,500 | $11,913 | Jackson Center |
Suburban/Urban Land Sales (Under 1 Acre) (Nov 2025 – Feb 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $20,000 |
| Recent Sales | 35 transactions |
| Avg Days on Market | 620 days |
| Avg Parcel Size | 0.50 acres |
| Active Listings | 33 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Feb 2026 | 0.34 | $26,000 | Jamestown |
| Feb 2026 | 0.88 | $65,000 | Slippery Rock |
| Dec 2025 | 0.50 | $5,000 | Jamestown |
| Nov 2025 | 0.78 | $75,000 | Hermitage |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 109,852 |
| Population (2020) | 110,652 |
| Population Growth | -0.72% |
| Median Household Income | $60,614 |
| Median Home Value | $153,600 |
| Total Housing Units | 50,884 |
| Vacant Housing Units | 4,761 |
| Housing Vacancy Rate | 9.4% |
| Median Age | 45.2 |
| Bachelor's Degree or Higher | 12,771 (11.6%) |
| Unemployment Rate | 5.2% |
Market Overview
Mercer County, Pennsylvania has a population of 109,852, which has declined 0.72% since 2020. The median household income is $60,614, below the national median of $74,580 by 18.7%. The housing vacancy rate of 9.4% suggests balanced market conditions. As part of Pennsylvania, Mercer County benefits from the state's growing interest in vacant land investment. Recent rural land sales show a median price of $10,196 per acre, with properties averaging 14.90 acres. There are currently 50 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Mercer County, Pennsylvania?
As of the 2023 American Community Survey, Mercer County has a population of 109,852. The county has declined 0.72% since the 2020 Census.
What is the median household income in Mercer County?
The median household income in Mercer County is $60,614, which is 18.7% below the national median of $74,580.
Is Mercer County growing or shrinking?
Mercer County is shrinking. The population has declined 0.72% since 2020.
What is the housing market like in Mercer County?
The median home value in Mercer County is $153,600. The housing vacancy rate is 9.4%, which suggests balanced market conditions. The unemployment rate is 5.2%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $10,196 per acre. Suburban/urban lots under 1 acre have a median lot price of $20,000.
Does Reelvest buy land in Mercer County, Pennsylvania?
Yes! Reelvest Properties buys vacant land throughout Pennsylvania, including Mercer County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.