16134 — Mercer County, Pennsylvania Market Snapshot
Housing market data for zip code 16134 in Mercer County, Pennsylvania. Updated monthly with median prices, days on market, and more.
Market Sales Data
13 sales in 2026 (year to date)
Median Sale Price
$215,000
Days to Sell
67
Homes Sold
13
Inventory
17
Sale-to-List
93.7%
New Listings
19
Price/SqFt
$142
Pending Sales
17
Conforming Loan Available
Most homebuyers in 16134 can comfortably use conventional financing. The median home price of $215,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 67 days on average, 16134 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
The average home in 16134 sells for 6.3% below asking price (93.7% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 16134 can comfortably use conventional financing. The median home price of $215,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 16134 are set at the county level.
2026 Loan Limits — Mercer County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 16134
To purchase the median home at $215,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,797.
Monthly Payment
$1,797
Income Required
$77,025
Principal & Interest
$1,325/mo
Down Payment (5%)
$10,750
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 16134.
Estimated Monthly Payment
$1,481
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 16134. Tell us what you're looking for.