Village Shires, PA

Full City Profile · Pennsylvania · Mercer County County

4.6 /5.0
A+ Excellent
3,360 Population 2,754/sq mi density
$111,218 Median Income $52,920 per capita
$512,000 Home Value $673,868 Zillow
$1,527 Median Rent 27.0% income on rent
56°F Avg Temperature
A+
Overall
4.6 / 5.0
Strong
A+
Economy
4.9 / 5.0
$111,218 median income, 2.5% unemployment
A
Affordability
4.1 / 5.0
$512,000 home value, $1,527/mo rent
A+
Education
5.0 / 5.0
49.5% bachelor's degree or higher

Housing Overview

Median Home Value
$512,000
82% above
US avg: $281,900
Median Rent
$1,527/mo
31% above
US avg: $1,163/mo
Homeownership Rate
77.0%
18% above US avg (65.4%)
Total Housing Units
1,514
Median year built: 1982

Home Value by Source

Census Median
$512,000
Zillow (ZHVI)
$673,868
Redfin Median Sale
$407,000
Median Sale Price
$407,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

77.0%
Owner-Occupied
23.0%
Renter-Occupied
77%
23%
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: $1,527/mo

Market Indicators (Redfin)

Median Sale Price
$407,000
Median Days on Market
6 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
100.0%
of listings with price reduction
Price Per Sq Ft
$291
Active Inventory
1
homes for sale

Affordability & Housing Stock

Rent Burden
27.0%
of renters spending 30%+ of income on housing
13% below US avg (31.0%)
Median Year Built
1982
Average age of housing stock: 44 years
Homeownership Rate
77.0%

Complete Housing Data

Home Values

Census Median Value$512,000
Zillow Home Value (ZHVI)$673,868
Redfin Median Sale$407,000
Median Sale Price$407,000
Price Per Sq Ft$291

Rent

Census Median Rent$1,527
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 Market6
Sale-to-List Ratio1.0%
Price Drops100.0%
Homes Sold1
Active Inventory1
Price Per Sq Ft$291

Ownership & Stock

Owner-Occupied77.0%
Renter-Occupied23.0%
Homeownership Rate77.0%
Total Housing Units1,514
Median Year Built1982
Rent Burden27.0%