States · Pennsylvania · Mercer County

Farrell, Pennsylvania.

Typical home $57,199 (-6.4% in a year). Youngstown-Warren-Boardman, OH-PA metro.

What it costs per month · Farrell $300/mo

to buy the typical home at today's mortgage rate — +$142 (+90%) since Jan 2020.

What the home itself did
1 year
Down $3,942 -6%
$61,141$57,199 since Sep 2025
5 years
Up $3,788 +7%
$53,411$57,199 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 Farrell $300 Pennsylvania $1,507 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • Farrell$300
  • Pennsylvania$1,507
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 51 years.

Typical home values in Farrell, PA fell 6.4% over the past year — slower than the nation's +1.2%.

Living in Farrell, Mercer County, Pennsylvania

Farrell is a city of 4,258 people in Mercer County. Half its households earn more than $42,595 a year and half less, against $59,976 across Mercer County; 24% of its people live below the poverty line. 62% of its homes are lived in by their owners and 38% are rented. Unemployment in Mercer County was 4.3% in August 2026, and the county had 1.2% fewer jobs in 2025 than the year before. The most people in Mercer County work in schools and health care, then manufacturing.

People 4,258 in the 2020 census; median age 43.7
Household income $42,595 the median, give or take $7,824 · Mercer County: $59,976
Unemployment 4.3% Mercer County, August 2026; 6.0% a year before
Homes 62% lived in by their owners; 38% rented

Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.

What it’s like

The place. Farrell is a small city in Mercer County where most homes are lived in by their owners, and homes cost far less than in much of the country. Incomes run well below the county's, and more people live below the poverty line than is typical. Residents are somewhat older than in many places, and fewer adults hold a four-year degree. Winters are cold and snowy, with January the coldest month, while July brings warm summer days.

Work. Residents work mostly in schools, hospitals and social care, followed by manufacturing, shops and professional and business services. Among the largest workplaces in Farrell are UPMC Horizon Shenango, NLMK Pennsylvania and Farrell Area Schools. Commutes are short, and few people work from home. Jobs across the county have slipped a little over the past year, though unemployment is lower than it was a year earlier.

Things to do. The Avenue of Flags is a park in or beside town, and Shenango River Lake, a reservoir, is a short drive away. For a longer outing, the Butler Institute of American Art is a well-known museum, and Pymatuning State Park offers protected countryside to explore.

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  • 2,079households
  • 15%of adults have a degree
  • 24%below the poverty line
  • 15 mintypical commute
  • 8%work from home

What people in Mercer County work in

  • Schools, hospitals and social care27%
  • Manufacturing16%
  • Shops (retail)12%
  • Professional and business services8%
  • Restaurants, hotels and entertainment7%
  • Building trades6%

Employed residents by industry, from the Census survey. Mercer County had 42,729 jobs in 2025, 1.2% fewer than the year before (Bureau of Labor Statistics).

Weather through the year

Average daily high and low for each month: coldest in January, 34° and 19°; warmest in July, 83° and 60° 20° 40° 60° 80° J 34° 19° F M A M J J 83° 60° A S O N D
Average daily high and low for each month: coldest in January, 34° and 19°; warmest in July, 83° and 60° 20° 40° 60° 80° J 34° 19° F M A M J J 83° 60° A S O N D

Coldest in January, with highs near 34° and lows near 19°; warmest in July, with highs near 83° and lows near 60°. About 68 inches of snow and 41 inches of rain and melted snow a year.

Average daily high and low, 1991–2020, at the Youngstown Regional Airport weather station, 10 miles away (NOAA).

Largest workplaces in Farrell

  1. UPMC Horizon ShenangoGeneral medical and surgical hospitals577
  2. NLMK PennsylvaniaHot-rolling iron or steel products in iron and steel mills564
  3. Farrell Area SDSchool district113FTE
  4. Premier HydraulicsHydraulic hose fittings, fluid power, manufacturing32

Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 3 workplaces with 20 or more staff, 1,173 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.

Natural hazards

  1. LightningRelatively moderate
  2. Winter weatherRelatively moderate
  3. Strong windRelatively moderate
  4. Inland floodingRelatively moderate

FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Farrell’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.

From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Mercer County and the Youngstown-Warren-Boardman, OH-PA metro.

Farrell home values

Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.

$100,000 $200,000 $300,000 2018 2020 2022 2024 2026 Farrell $57,199 Pennsylvania $287,078 United States $366,157
$100,000 $200,000 $300,000 2018 2022 2026
  • Farrell$57,199
  • Pennsylvania$287,078
  • United States$366,157
Property tax, 2026 roll $974/yr median bill inside Farrell, effective 0.84% of estimated value — current assessment rolls, AssessorSearch Data Lab, quality-gated against the county's official figures

Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.

When this market ran hot

Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.

JFMAMJJASOND
2026
2025
2024
2023
2022
2021
2020
2019
2018
falling flat warming hot overheating runaway

Market heat, inside the city limits

Homes for sale

Active for-sale inventory. More supply hands power to buyers.

10 15 20 25 2021 2022 2023 2024 2025 2026 Farrell 17
10 15 20 25 2022 2024 2026
  • Farrell17

New listings per month

Sellers arriving at the market.

5 6 6 2026 Farrell 6
5 6 6 2026
  • Farrell6

Zip codes with a Farrell address

A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Farrell — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.

Zip codes in Farrell