Sharon, Mercer County, PA

Median Home Price Price

$69,213 $69.2K

Median Monthly Rent Rent

$974 $974

6.0x

Market Snapshot

Sharon, Mercer County, PA is a city market with a median home price of $69,213, a median monthly rent of $974, a GRM of 6.0x, and a price-to-rent ratio of 5.9.

More markets to explore

Top recommendation Nearby alternative Lower GRM Lower price Higher rent
High confidence
Price $48K
Rent $1.1K
GRM 4.0x
Explore the data
Region Show
Farrell
$48K $1.1K 4.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
$173K $1.2K 12.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Similar markets map

Sharon

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Benchmark comparison

Rent in Sharon, PA is 13.8% lower than Farrell, PA.

Sharon, PA
Farrell, PA
Delta
Median rent
$974
$1,130
+$156
Median price
$69,213
$47,961
-$21,252
YoY change
+$90
+$33
-$57
Price-to-rent
5.9x
3.5x
-2.4x

Key takeaways

  • Sharon, Mercer County, PA has a lower-grm screening profile: At 6.0x GRM, current rent may provide stronger support relative to price.
  • Low GRM can also reflect operating friction, softer appreciation expectations, or local risk that GRM does not capture.
  • Rent momentum is positive, with median rent up about $90 year over year.
  • Rent in Sharon, PA is 13.8% lower than Farrell, PA.