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Farrell, PA

Full City Profile · Pennsylvania · Mercer County County

2.6 /5.0
C+ Fair
4,239 Population 1,876/sq mi density
$40,405 Median Income $28,511 per capita
$76,200 Home Value $59,499 Zillow
$832 Median Rent 27.6% income on rent
49°F Avg Temperature 282 sunny days/yr
613 Violent Crime/100K 3,730 property/100K
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.5 / 5.0
$40,405 median income, 3.9% unemployment
A+
Affordability
5.0 / 5.0
$76,200 home value, $832/mo rent
F
Safety
1.0 / 5.0
613 violent crimes/100K (61% above avg)
C
Education
2.1 / 5.0
13.7% bachelor's degree or higher

Housing Overview

Median Home Value
$76,200
73% below
US avg: $281,900
Median Rent
$832/mo
28% below
US avg: $1,163/mo
Homeownership Rate
60.0%
8% below US avg (65.4%)
Total Housing Units
2,205
Median year built: 1957

Home Value by Source

Census Median
$76,200
Zillow (ZHVI)
$59,499
Median Sale Price
$56,500
Median List Price
$27,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

60.0%
Owner-Occupied
40.0%
Renter-Occupied
60%
40%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$900/mo
1 Bedroom
$996/mo
2 Bedroom
$1,225/mo
3 Bedroom
$1,570/mo
4 Bedroom
$1,744/mo
Census median rent: $832/mo

Market Indicators (Redfin)

Median Days on Market
33 days
Sale-to-List Ratio
1.1%
Buyers market
Homes Sold
3
Price Drops
27.3%
of listings with price reduction
Price Per Sq Ft
$36
Active Inventory
11
homes for sale

Affordability & Housing Stock

Rent Burden
27.6%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Median Year Built
1957
Average age of housing stock: 69 years
Homeownership Rate
60.0%

Complete Housing Data

Home Values

Census Median Value$76,200
Zillow Home Value (ZHVI)$59,499
Median Sale Price$56,500
Median List Price$27,900
Price Per Sq Ft$36

Rent

Census Median Rent$832
FMR Studio$900
FMR 1-Bedroom$996
FMR 2-Bedroom$1,225
FMR 3-Bedroom$1,570
FMR 4-Bedroom$1,744

Market

Days on Market33
Sale-to-List Ratio1.1%
Price Drops27.3%
Homes Sold3
Active Inventory11
Price Per Sq Ft$36

Ownership & Stock

Owner-Occupied60.0%
Renter-Occupied40.0%
Homeownership Rate60.0%
Total Housing Units2,205
Median Year Built1957
Rent Burden27.6%