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106 & 107 W Market St, Mercer, PA, 16137

--beds
--baths
--sqft
$224,980
--price/sqft
$1,681/moest. monthly cost
$67,240/yrincome needed

About This Home

Looking to build the home of your dreams? Not 1 but 2 lots totaling over 32 acres in Jefferson Twp, Mercer Schools. Lot 106 is located on the north side of RT 62 with Lot 107 stretching to both north and south sides of rt62/ W Market St. There is a right of way through lot 106 that give access to the both sides of lot 107. These lots are wooded and have some areas of marsh/ wetlands & offer picturesque scenery and privacy to build the home you've always dreamed of. These lots can be purchased along with Lot 108 that is also listed. Trail system on the south side of lot 107 makes for easy access.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

5/10
Oakview El SchoolGrades 4-66.6 mi
7/10
8/10
Luther W Low El SchoolGrades K-36.6 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Farm

Property

Details

  • Zoning: RES
  • Zoning description: RES

Features

  • Residential vegetation: Wooded

Lot

  • Lot size: 32.13 Acres
  • Features: Wooded

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Inland Flooding
Strong Wind
Winter Weather

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,137$13,644
Home Insurance *$122$1,464
Property Taxes $198$2,376
Electricity $224$2,692
Total$1,681$20,172
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$57,634/yr
40% on housing$50,430/yr
45% on housing$44,826/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.6%
9.6%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: -3.3%
-3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 16137$211
Mercer County$135

vs Homes Sold Last Month

Median $/sqft

ZIP 16137$425
Mercer County$85

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-26Price change$224,980
2026-03-18Price change$224,945
2025-08-10Price change$257,080
2025-03-18Listed for sale$321,350

For Sale by Agent

AgentDavid Hall
BrokerageERA JOHNSON REAL ESTATE INC.

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