16146 — Mercer County, Pennsylvania Market Snapshot
Housing market data for zip code 16146 in Mercer County, Pennsylvania. Updated monthly with median prices, days on market, and more.
Market Sales Data
43 sales in 2026 (year to date)
Median Sale Price
$89,900
Days to Sell
56
Homes Sold
43
Inventory
62
Sale-to-List
92.4%
New Listings
56
Price/SqFt
$98
Pending Sales
54
Conforming Loan Available
Most homebuyers in 16146 can comfortably use conventional financing. The median home price of $89,900 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
16146's market is balanced with homes taking an average of 56 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
The average home in 16146 sells for 7.6% below asking price (92.4% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 16146 can comfortably use conventional financing. The median home price of $89,900 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 16146 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 16146
To purchase the median home at $89,900 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $839.
Monthly Payment
$839
Income Required
$35,948
Principal & Interest
$554/mo
Down Payment (5%)
$4,495
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 16146.
Estimated Monthly Payment
$706
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