Español

Este sitio también está en español. Leer en español

City · 12,936 residents · Mercer County, Pennsylvania

Sharon , Pennsylvania

In Sharon, a typical home is worth $78,800 and typical rent is $827 a month. Compared with all of Mercer County, the typical home value is 52% lower, typical household income is 24% lower, and the share of households that own their home is 19 points lower.

WhatsApp

  • Typical home value

    $78,800

    52% below the county

    69% below Pennsylvania

    • Sharon
    • Mercer
    • Pennsylvania

  • Typical rent

    $827a month

    About the same as the county

    32% below Pennsylvania

    • Sharon
    • Mercer
    • Pennsylvania

  • Typical household income

    $45,670a year

    24% below the county

    41% below Pennsylvania

    • Sharon
    • Mercer
    • Pennsylvania

  • Households that own their home

    53%

    19 points below the county

    16 points below Pennsylvania

    • Sharon
    • Mercer
    • Pennsylvania

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$74,115
7.1% less than 12 months ago
Typical rent
$844 a month

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Sharon is in Mercer County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Mercer County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Sharon apart

What this place has that others do not, from public data, most unusual first.

  1. The typical home in Sharon is worth $78,800, 52% less than in Mercer County as a whole ($164,000).

  2. According to Zillow, in the 12 months to September 2026 the typical home value in Sharon fell 7.1%; in Pennsylvania, it rose 2.2%.

  3. 53% of households in Sharon own their home, against 72% in Mercer County.

  4. Nearby, in Greenville, the typical rent is $626: 24% less than in Sharon ($827).

  5. The typical household income in Sharon is $45,670, 24% less than in Mercer County as a whole ($59,976).

Sources: U.S. Census Bureau (Average 2020–2024); Zillow (September 2026 data). Zillow data

The homes here

Housing in Sharon

What homes there are in Sharon, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

Detached houses are the majority in Sharon (68%), but less so than in Mercer County (75%).

Year built

The typical home in Sharon was built in 1947, 16 years before the typical one in Mercer County.

There are fewer big homes in Sharon than in Mercer County: 52% have 3 bedrooms or more, against 66%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

HUD's 2-bedroom fair market rent (FMR) for Mercer County is $1,028: about 65% of rents in Sharon are below it.

With a mortgage

$1,118 a month

Mercer County: $1,266 a month

Without a mortgage

$487 a month

Mercer County: $508 a month

Owners with a mortgage

48%

Mercer County: 48%

In Sharon, 48% of owners have a mortgage, and their typical cost is $1,118 a month, against $1,266 in Mercer County. Without one it drops to $487.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, the typical home value in Sharon rose 21%; in Mercer County, it rose 35%.

Since 2015–2019, the typical rent in Sharon rose 41%, more than in Mercer County (22%).

While home values in Sharon changed +21% and rent +41%, the typical household income rose 41%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureSharonMercer CountyPennsylvaniaUnited States
Rental vacancy Unreliable estimate3.6%4.9%5.5%
Homeowner vacancy Unreliable estimate1.3%0.8%0.9%
More than one person per room Unreliable estimate1.1%1.6%3.4%
People per household 2.072.212.392.53
Drive alone 82%80%68%69%
Carpool 7%6%8%9%
Public transit Unreliable estimateUnreliable estimate4%3%
Walk or bike Unreliable estimate3%4%3%
Work from home Unreliable estimate9%16%15%
Other means Unreliable estimate2%1%2%
Typical commute 10 to 19 minutes10 to 19 minutes20 to 29 minutes20 to 29 minutes

On average, a household in Sharon has 2.07 people, fewer than in Mercer County (2.21).

To get to work, 82% of workers in Sharon drive alone; in Mercer County, 80%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Sharon?

A typical home is within reach of the typical income

We start with a typical home in Sharon, worth $78,800, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 20% of the typical household income in Sharon, which is $45,670 a year.

The calculator's FHA and conventional loan limits are those of all of Mercer County.

Your numbers

Local data
$

Starts at the typical home value in Sharon. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $2,758 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$742

at 7.18% · 30 years

Loan amount
$77,373
Total interest
$111,321
Paid off in
November 2056

Includes $1,331 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,066 a month

    Your payment · 20%

  • Tight

    $1,066 to $1,370 a month

  • Hard

    more than $1,370 a month

Compared with the typical household income in Sharon ($45,670 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$742
Principal & interest$524
Property tax$150
Home insurance$33
FHA mortgage insurance (MIP)$35

You need at least $2,758 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Sharon and Mercer County

Sharon is in Mercer County, Pennsylvania. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Sharon's own numbers

Typical home value
$78,800
Typical monthly rent
$827
Typical yearly household income
$45,670
Households that own their home
53%
Effective property tax rate
2.29%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Mercer County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,028
Price change over 5 years (FHFA)
+47%
Homes in a high flood-risk zone
1%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Mercer County.

Everything about Mercer County

Buying

Buying a home in Sharon

A typical home in Sharon is worth $78,800: 52% below the county and 69% below Pennsylvania. With the typical household income in Sharon ($45,670 a year), a typical home costs 1.7 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Sharon 1.7 years
  • Mercer 2.7 years
  • Pennsylvania 3.3 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Mercer County

According to FHFA’s house price index, home prices in Mercer County rose 67% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Mercer County.

Period County Pennsylvania U.S.
Last year (2025) +1.8% +4.7% +2.9%
5 years (2020–2025) +47% +48% +47%
10 years (2015–2025) +67% +77% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Sharon next to Mercer County, Pennsylvania and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Sharon $78,800
  • Mercer $164,000
  • Pennsylvania $254,500
  • United States $332,700
Typical monthly rent
  • Sharon $827
  • Mercer $843
  • Pennsylvania $1,209
  • United States $1,413
Typical yearly household income
  • Sharon $45,670
  • Mercer $59,976
  • Pennsylvania $77,971
  • United States $80,734
See the full table
Sharon next to Mercer County and Pennsylvania
Measure Sharon Mercer County Pennsylvania U.S.
Typical home value $78,800 $164,000 $254,500 $332,700
Typical monthly rent $827 $843 $1,209 $1,413
Typical yearly household income $45,670 $59,976 $77,971 $80,734
Households that own their home 53% 72% 69% 65%
Typical yearly property tax $1,807 $1,936 $3,311 $3,119
Effective property tax rate 2.29% 1.18% 1.3% 0.94%
Renters with high rent for their income 48% 46% 48% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Mercer County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Sharon

For a typical $78,800 home in Sharon, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Sharon's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $742a month

    Least cash to close
    Down payment
    $2,758
    Cash to close
    $5,122
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $35

  • Conventional, 5% down $728a month

    Down payment
    $3,940
    Cash to close
    $6,304
    Rate
    7.18%
    Mortgage insurance
    PMI · $37

  • Conventional, 20% down, no PMI $610a month

    Down payment
    $15,760
    Cash to close
    $18,124
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $683a month

    Down payment
    $11,820
    Cash to close
    $14,184
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Sharon and for Mercer County.

Property tax

Effective rate in Sharon

2.29%of the home’s value each year

$1,807 a year for the typical owner in Sharon.

  • Sharon 2.29%
  • Mercer 1.18%
  • Pennsylvania 1.3%

What Pennsylvania publishes Property Tax/Rent Rebate Program (PTRR) (Pennsylvania Department of Revenue)

Exemptions and deadlines in Pennsylvania

Flood risk in Mercer County

FEMA does not publish these numbers by city: they are for all of Mercer County.

Homes in the high-risk zone
1%
484
Of those, with NFIP insurance
8.7%
County Pennsylvania U.S.
Homes in the high-risk zone 1% 2% 3.5%
Of those, with NFIP insurance 8.7% 23% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Sharon

Typical rent in Sharon is $827 a month: about the same as the county. In Sharon, 48% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Mercer County, by unit size. To pay the 2-bedroom one ($1,028 a month) without spending more than 30% of your income, you would need to earn $19.77 an hour working full time.

HUD fair market rent for all of Mercer County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $716 $13.77 $28,640
1 bedroom $810 $15.58 $32,400
2 bedrooms $1,028 $19.77 $41,120
3 bedrooms $1,423 $27.37 $56,920
4 bedrooms $1,615 $31.06 $64,600

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Sharon

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Sharon is in ZIP code 16146.

For 2 bedrooms it is $1,050: $22 more than the fair market rent for Mercer County ($1,028).

  • 16146 $1,050$1,450

A ZIP code counts for Sharon when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Sharon

HUD lists 6 buildings with rents for lower incomes in Sharon. These are the largest.

  • Vermeire Manor 127-139 Roy C. Pearell Dr, Sharon 16146 536 low-income homes · For families (724) 342-4009
  • Connelly Manor 55 W Connelly Blvd, Sharon 16146 125 low-income homes · For older adults (724) 342-5211
  • Riverview Manor 15 W Connelly Blvd, Sharon 16146 123 low-income homes · For older adults (724) 981-8448
  • Willow Village 168 W Budd St, Sharon 16146 100 low-income homes · For families (724) 981-8201
  • Pine Hollow 313 E Connelly Blvd, Sharon 16146 38 low-income homes · Run by Mercer County Housing Authority · Average payment: $318 a month · Average wait: 12 months (724) 342-4000

See all 41 buildings in Mercer County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Sharon

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There are 2 HUD-approved agencies with an office in Mercer County; none says it serves in Spanish.

A man leans over the armchair where a girl is reading a book.

HUD counseling is free or low-cost

Assistance programs in Sharon

No down payment, repair or rent-help program on our list is for Sharon or Mercer County. The ones below are statewide in Pennsylvania: they work in Sharon the same as in the rest of the state.

Which programs do I qualify for? All programs in Pennsylvania

Housing counselors near Sharon

The HUD-approved agencies closest to the center of Sharon, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Community Action Partnership of Mercer County

    215 S Water Ave, Sharon · 1 miles away

    • Budget and financial counseling
    • Homelessness services
    • and 2 more
    (724) 342-6222

  • Shenango Valley Urban League

    601 Indiana Ave, Farrell · 2 miles away

    • Mortgage delinquency and default
    • Homelessness services
    • and 2 more
    (724) 981-5310

  • Housing Opportunities, Inc.

    2418 Wilmington Rd, New Castle · 16 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 2 more
    (724) 728-7511

Every agency in Mercer County All counseling agencies in Pennsylvania

Help in Spanish near Sharon

None of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Sharon

HUD’s record names them for Sharon or Mercer County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Mercer County Housing Authority Public housing and Section 8 vouchers (724) 342-4000

All housing agencies in Pennsylvania Source: HUD

Cities

Other cities in Mercer County

These cities are also in Mercer County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Mercer County Housing in Pennsylvania

Nearby cities

The cities closest to Sharon, with the typical home value.

Neighboring counties

If Mercer County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Sharon.

All guides
A couple spread mulch under the avocado trees of their family orchard, he on the tractor and she with a shovel.

Questions

Housing questions about Sharon

Short answers with the numbers for Sharon and all of Mercer County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Sharon?

The typical home value in Sharon is $78,800, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Mercer County it is $164,000.

How much does it cost to rent in Sharon?

Typical rent in Sharon is $827 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Mercer County is $1,028.

What is the FHA loan limit in Sharon?

Sharon uses the FHA limit for all of Mercer County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Sharon?

The typical homeowner in Sharon pays $1,807 a year, according to the U.S. Census Bureau. That is 2.29% of the home’s value; in Mercer County, the rate is 1.18%.

Where can I find free help to buy or rent in Sharon?

There are 2 HUD-approved counseling agencies with an office in Mercer County. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).