Mercersburg, PA 17236 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Mercersburg, PA—17236

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$281,000

2.0% YoY Growth

Household Income

$81,100

25.5% YoY Growth

Days on Market

3.0% Shorter YoY

Home Price Forecast

0.6%

Median Rent

$1,500

18.0% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$950

13.6% YoY Growth

3-Bed Rent

$950

17.6% YoY Growth

Home Price Trends — Mercersburg, PA

As of Dec '25, the median home price in Mercersburg, PA is $281,000, with a year-over-year change of 2.0%. This indicates that home prices in Mercersburg, PA are increasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$281,000	2.0%
Single Family	$283,000	1.8%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Mercersburg, PA

As of July '25, Rentcast reports the average rent in Mercersburg, PA is $1,640, with a year-over-year rent change of 18.0%. Per bedroom, the median rent as of July '25 in Mercersburg, PA is 2-bedrooms: $950, 3-bedrooms: $1,220, 4-bedrooms: $2,020. The most common rental property sizes in Mercersburg, PA are 2-bedroom and 3-bedroom, accounting for 41.2% and 30.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,500	$1,640
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$950	$950
3 Bed Rent	$950	$1,220
4 Bed Rent	$1,850	$2,020

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% of Rental Stock

1 Bedroom

16.3%

2 Bedrooms

41.2%

3 Bedrooms

30.1%

4 Bedrooms

9.1%

5+ Bedrooms

3.3%

Property Listings — Mercersburg, PA

As of Dec '25, Realtor.com reports that the median days on market for a home in Mercersburg, PA is 53. This is a decrease of -13.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 22.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$370,000	0.0%
Listing Count	29	3.0%
Listings as % of Homes	0.3%	3.0%
Days on Market	58	-3.0%

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Demographics — Mercersburg, PA

As of the latest ACS Survey released in 2023, Mercersburg, PA has a population of 8,880, which has increased by 4.2% over the past 5 years. Mercersburg, PA is a moderately popular place for families, as children make up 21.2% of the population. The area has a poorly educated workforce, with 21.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	8,880	4.2%
% Under 18	21.2%	4.4%
% Seniors	17.3%	-6.0%
% WFH	12.7%	243.2%
% w/ College Degree	21.5%	37.8%

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As of the latest ACS Survey released in 2023, Mercersburg, PA is a predominantly white area, with 93.6% of the population identifying as white. The white population has shrunk by 0.4% in the last 5 years. The second most common race or ethnicity in Mercersburg, PA is hispanic, making up 1.3% of the population. Foreign-born residents account for 1.6% of the population in Mercersburg, PA, and this percentage has decreased by 44.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	93.6%	-0.4%
% Black	1.2%	-52.0%
% Hispanic	1.3%	-60.6%
% Asian	0.6%	∞%
% Foreign Born	1.6%	-44.8%

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Mortgage and Risk — Mercersburg, PA

According to HUD data as of 2023, there were 188 mortgage originations in Mercersburg, PA, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Mercersburg, PA. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	188
% Conventional Loans	82.0%
% Government Loans	18.0%
% Investor Loans	1.0%
% Second Loans	2.0%
% Cash Out Refinance	9.0%

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Rentals and Section 8 — Mercersburg, PA

Mercersburg, PA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	3
Total Units Section 8	3
% Rentals under Section 8	0.4%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$960
2 Bedroom	$220	$950	$1,170
3 Bedroom	$610	$950	$1,560
4 Bedroom	-$80	$1,850	$1,770

Mercersburg, PA—17236

Key Metrics at a Glance

Home Price Trends — Mercersburg, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Mercersburg, PA

% of Rental Stock

Property Listings — Mercersburg, PA

Demographics — Mercersburg, PA

Race and Ethnicity

Mortgage and Risk — Mercersburg, PA

Mortgages

Rentals and Section 8 — Mercersburg, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Mercersburg, PA

Home Price to Income Ratio

Mercersburg, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Clear Spring, MD

Clear Spring, MD

Saint Thomas, PA

Fort Loudon, PA

Greencastle, PA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.2
Median Home Price	$281,000
Median Household Income	$81,100

Mercersburg, PA—17236

Key Metrics at a Glance

Home Price Trends — Mercersburg, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Mercersburg, PA

% of Rental Stock

Property Listings — Mercersburg, PA

Demographics — Mercersburg, PA

Race and Ethnicity

Mortgage and Risk — Mercersburg, PA

Mortgages

Rentals and Section 8 — Mercersburg, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Mercersburg, PA

Home Price to Income Ratio

Mercersburg, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Clear Spring, MD

Clear Spring, MD

Saint Thomas, PA

Fort Loudon, PA

Greencastle, PA

Frequently Asked Questions

What is the average home price in Mercersburg, PA 17236?

How have home prices in Mercersburg, PA 17236 changed over the past year?

What is the home price projection for Mercersburg, PA 17236?

What are the demographics of Mercersburg, PA 17236?

How long does it take homes to sell in Mercersburg, PA 17236?

What is the average rent price in Mercersburg, PA 17236?