Home prices
The value of the median home in Mercersburg is $175,300. Compared to its surrounding areas it is about $11,160 (6%) higher.In comparison to the rest of the nation it is about $42,200 (19%) lower, and it is roughly $426,200 (70%) lower compared to the city of Washington.
Rents
Mercersburg's median rent is $783 a month. Compared to its surrounding areas this is roughly $146 (15%) lower.Compared to the nation as a whole it is about $279 (26%) lower, and it is approximately $758 (49%) lower in comparison to the city of Washington.
Nearby places
McConnellsburg
McConnellsburg is approximately 8 miles northwest from Mercersburg. The real estate prices there are a lot less expensive. The value of the median home in McConnellsburg is $129,700, which works out to $45,600 (35%) lower than Mercersburg. Its rents are somewhat less expensive. McConnellsburg's median rent is $678 a month, which works out to $105 (15%) lower than Mercersburg.
Greencastle
Greencastle is approximately 8 miles east from Mercersburg. The real estate prices there are fairly similar. The cost of the median home in Greencastle is $172,700, which works out to $2,600 (1%) lower than Mercersburg. Rents there are somewhat more expensive. In Greencastle the median monthly rent is $866, which is $83 (9%) higher than Mercersburg.
Marion
Marion is roughly 9 miles east of Mercersburg. Its real estate prices are similar. Marion's median home value is $172,000, which works out to $3,300 (1%) lower than Mercersburg. Its rents are somewhat more expensive. Marion's median monthly rent is $1,146, which comes out to $363 (31%) higher than Mercersburg.
State Line
State Line is approximately 10 miles southeast from Mercersburg. Real estate prices there are a little more expensive. The cost of the median home in State Line is $195,500, which works out to $20,200 (10%) higher than Mercersburg. Rents there are a lot more expensive. State Line's median rent is $1,238 per month, which is $455 (36%) higher than Mercersburg.
Needmore
Needmore is roughly 11 miles west of Mercersburg. Real estate prices there are somewhat less expensive. The median home price in Needmore is $150,800, which works out to $24,500 (16%) lower than Mercersburg. The rent there is a bit less expensive. Needmore's median rent is $717 a month, which works out to $66 (9%) lower than Mercersburg.