Farrell, PA · Market Data

Farrell, Pennsylvania real estate market data.

Real estate market data for Farrell, PA (Mercer County) — Census median home value $76,200, county listing prices up about 12.5% over the past year.

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Farrell, PA is in Mercer County, Pennsylvania — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 4,239, with a median household income of $40,405. Census data puts Farrell's median home value at $76,200 (all owner-occupied homes); Mercer County's current median listing price runs $189,900, up about 12.5% over the past year.

At a glance

Farrell market snapshot

Population

4,239

Median Household Income

$40,405

Median Home Value (city)

$76,200

Median Listing Price (Mercer County)

$189,900

Median Gross Rent

$832/mo

Price Trend (YoY)

+12.5%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Farrell

What makes Farrell different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Farrell's median home value — across all owner-occupied homes, not just recent sales — at $76,200. Separately, Mercer County's current median listing price (via Realtor.com data, 2026-06-01) runs $189,900. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.

County Price Trend

Mercer County's FHFA house price index shows a 1.8% annual change in 2025.

Population & Income

Farrell has an estimated population of 4,239 and a median household income of $40,405, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Farrell's Census-reported median home value works out to about 1.9x the area's median household income, and median gross rent runs roughly 25% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Farrell FAQ

What are home values like in Farrell, PA?

The Census Bureau's American Community Survey puts Farrell's median home value at $76,200. Mercer County's current median listing price runs $189,900, up about 12.5% over the past year.

What is the population of Farrell, PA?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Farrell's population at approximately 4,239.

What's the median rent in Farrell, PA?

The Census ACS estimates median gross rent in Farrell at approximately $832 per month.

What is the median household income in Farrell, PA?

Census ACS data puts the median household income in Farrell at approximately $40,405.

Is the Farrell housing market growing?

Mercer County's FHFA house price index shows a 1.8% annual change in 2025.

Is Farrell, PA affordable relative to income?

Census ACS data puts Farrell's median home value at about 1.9 times the median household income, with median gross rent equal to roughly 25% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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