Home Insurance in Sharon, Pennsylvania
With a median home value of $78,800, Sharon is 52% lower than the Mercer County median.
The typical home in Sharon was built around 1947. About 74% of homes were built before 1960, about 27 points above Mercer County's 47%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
In Sharon, the housing stock is 72% single-family homes and 16% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.
48% of owner-occupied homes in Sharon carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
The vacancy rate is 12%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 53% of occupied homes in Sharon are owner-occupied.
Most homes in Sharon - 82% - are primarily heated with natural gas.
Mercer County's top FEMA-rated hazard is inland flooding (Relatively Moderate), per FEMA's National Risk Index. Mercer County had 86 active NFIP flood policies as of September 2026. 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.
In Pennsylvania, the statewide average premium for a standard HO-3 homeowners policy is $1,217 per year (NAIC, 2023 data).
Key figures
| Median home value | $78,800 |
|---|---|
| Median year built | 1947 |
| Owner-occupied share | 53% |
| Share of owner-occupied homes with a mortgage | 48% |
| 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)