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Fredonia, PA

Full City Profile · Pennsylvania · Mercer County County

2.9 /5.0
C+ Fair
382 Population 1,061/sq mi density
$48,571 Median Income $28,316 per capita
$94,600 Home Value $188,528 Zillow
$625 Median Rent 19.5% income on rent
49°F Avg Temperature 282 sunny days/yr
460 Violent Crime/100K 1,841 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$48,571 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$94,600 home value, $625/mo rent
F
Safety
1.0 / 5.0
460 violent crimes/100K (21% above avg)
C
Education
2.4 / 5.0
17.4% bachelor's degree or higher

Housing Overview

Median Home Value
$94,600
66% below
US avg: $281,900
Median Rent
$625/mo
46% below
US avg: $1,163/mo
Homeownership Rate
66.7%
2% above US avg (65.4%)
Total Housing Units
226
Median year built: 1945

Home Value by Source

Census Median
$94,600
Zillow (ZHVI)
$188,528
Median Sale Price
$135,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

66.7%
Owner-Occupied
33.3%
Renter-Occupied
67%
33%
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: $625/mo

Market Indicators (Redfin)

Median Days on Market
49 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$0

Affordability & Housing Stock

Rent Burden
19.5%
of renters spending 30%+ of income on housing
37% below US avg (31.0%)
Median Year Built
1945
Average age of housing stock: 81 years
Homeownership Rate
66.7%

Complete Housing Data

Home Values

Census Median Value$94,600
Zillow Home Value (ZHVI)$188,528
Median Sale Price$135,000
Price Per Sq Ft$0

Rent

Census Median Rent$625
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 Market49
Sale-to-List Ratio0.9%
Price Drops0.0%
Homes Sold1
Price Per Sq Ft$0

Ownership & Stock

Owner-Occupied66.7%
Renter-Occupied33.3%
Homeownership Rate66.7%
Total Housing Units226
Median Year Built1945
Rent Burden19.5%