Is Mercersburg, PA 17236 a buyer’s or seller’s market?
Mercersburg is a seller’s market. With about 3.8 months of supply and 44% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 65% of U.S. ZIP codes, and #357 of 601 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Mercersburg housing market right now
In the three months ending August 31, 2026, 44% of homes in Mercersburg, PA 17236 sold above their list price, the typical home went under contract in 29 days and there were 3.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 24 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 33%, homes sold faster (35 days then) and the median sale price fell 15% to $267,884. Overall, Mercersburg is more competitive than a year ago, so tougher for buyers.
Within Franklin County, homes here sell faster than in 53% of the county’s ZIP codes, and sell more often over asking than in 88%. On our competition score, Mercersburg ranks #357 of 601 PA ZIP codes with enough sales (score 62 out of 100).
Nearby, buyers who want less competition could look at Upperstrasburg 17265 (0% sold over asking) or Spring Run 17262 (0% sold over asking), while Pleasant Hall 17246 (50% sold over asking) and State Line 17263 (50% sold over asking) are even more competitive.
Run the numbers for 17236
Nearby markets
Amberson 17210 $169 /sq ftBlue Ridge Summit 17214Seller’s market $184 /sq ftChambersburg 17201Seller’s market $162 /sq ftChambersburg 17202Seller’s market $167 /sq ft Browse all markets →Towns like Mercersburg nearby
Find towns like Mercersburg in other states →Where Mercersburg is
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Questions about Mercersburg real estate
Is Mercersburg a buyer’s or seller’s market?
A seller’s market: there were 3.8 months of supply in Mercersburg, PA 17236 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Mercersburg?
The typical home went under contract in 29 days in the latest three months.
Do homes in Mercersburg sell over asking?
44% of homes sold above their original list price, and the typical sale closed at 98.6% of the list price.
What are property taxes in Mercersburg?
About 1.10% of a home’s value a year in Franklin County, or roughly $4,400 on a $400,000 home.
What is the median home price in Mercersburg?
The median sale price was $267,884 in the three months ending August 31, 2026, about $151 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology