Why Live in Mercyhurst
Mercyhurst, located in Erie, Pennsylvania, is a well-established neighborhood known for its midcentury Cape Cod, ranch-style, and Colonial-style homes. Many residences feature modern updates such as hardwood flooring and remodeled kitchens. The area is quiet, with long-term residents and minimal noise from university students due to local housing ordinances. Mercyhurst offers several parks, including Hillside Park with playgrounds and baseball fields, and Burton Park with tennis and basketball courts. The Mercyhurst Ice Center and Saxon Stadium are popular for local sports and community events. Dining options include Pattie’s Pizza, Teresa’s Italian Delicatessen, and Niagara Creamery, while grocery shopping is convenient with Tops Friendly Market and Walmart nearby. For entertainment, Presque Isle Downs & Casino is just 4 miles away. CelebrateErie in August and the university’s Spring Dining Series are notable local events. The neighborhood is pedestrian-friendly with accessible public transportation and proximity to major highways, making travel to Buffalo, Cleveland, and Pittsburgh straightforward. The Erie VA Medical Center and Erie Amtrak Station are also nearby. Schools in the area include the highly rated Northwest Pennsylvania Collegiate Academy, with other local schools receiving average ratings.
Home Trends in Mercyhurst, PA
On average, homes in Mercyhurst, Erie sell after 48 days on the market compared to the national average of 70 days. The median sale price for homes in Mercyhurst, Erie over the last 12 months is $296,990, down 16% from the median home sale price over the previous 12 months.
Median Sale Price
$296,990
Median Single Family Sale Price
$463,400
Median Townhouse Sale Price
$284,840
Median 2 Bedroom Sale Price
$370,000
Median 1 Bedroom Sale Price
$165,000
Average Price Per Sq Ft
$256
Number of Homes for Sale
13
Last 12 months Home Sales
46
Median List Price
$399,990
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-16%