Home Insurance in Mercer, Pennsylvania
The median home value in Mercer is $151,200, 8% lower than the Mercer County median.
The typical home in Mercer was built around 1947. About 66% of homes were built before 1960, about 19 points above Mercer County's 47%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
The housing stock in Mercer is 56% single-family homes, 24% apartments in buildings with 5+ units and 2% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
In Mercer, about 59% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Mercer has an owner-occupancy rate of 51% and a vacancy rate of 8%; unoccupied homes typically need a different coverage form.
Most homes in Mercer - 68% - are primarily heated with natural gas.
Mercer County had 86 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is inland flooding (Relatively Moderate). See the full Mercer County home insurance overview for all FEMA hazard ratings and flood coverage details. Flood damage is excluded from a standard homeowners policy.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Pennsylvania carries a statewide average premium of $1,217 per year.
Key figures
| Median home value | $151,200 |
|---|---|
| Median year built | 1947 |
| Owner-occupied share | 51% |
| Share of owner-occupied homes with a mortgage | 59% |
| Top county hazard | Inland Flooding (Relatively Moderate) |
| Active NFIP policies in Mercer County | 86 |
| Home insurance premium | $1,217 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)