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City / Town Overview

Erie, PA

Aggregate real estate market report across all ZIPs in scope
Seller's Market
April 2026  ·  Source: Realtor.com

Market Analysis

Data as of April 2026. Source: Realtor.com.

The Erie, PA real estate market currently shows 268 active listings, with 172 pending sales. Homes are averaging 42.1 days on the market before going under contract.

Inventory has tightened compared to last year, with 28 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 42.1 days on market compared to 42.3 days last year.

The median listing price has fallen 1.3% year-over-year, from $232,335 to $229,220.

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Market Context

Market Context

Population: 181,079  ·  Density: 1,191.0/mi²  ·  Median household income: $56,562

Typical home value: $141,364  ·  Homeownership: 62.1%

Included Areas

Erie: 16505, 16507, 16510, 16515, 16544, 16563

Downtown Erie: 16512, 16522, 16530, 16538, 16550, 16553

Saint Mary: 16501, 16534

Southeast Hills: 16504, 16546

Walczak Park: 16514, 16541

Little Italy: 16502

Eastside Eagles: 16503

Westminster: 16506

Homecrest: 16508

Cherry Hill: 16509

Fairfield-on-the-Lake: 16511

Algeria Farm: 16531

Spires Farm: 16565

Area Map

Market Overview

Active Listings
268
⇩ 9.5% vs 296 last year
Pending
172
64% pending ratio
Median Price
$229,220
⇩ 1.3% vs $232,335 last year
Average Price
$299,587
⇩ 10% vs $332,811 last year
Days on Market
42.1
⇩ 0.5% vs 42 days last year

Price Per Square Foot

Median $/sqft
$150
⇧ 2.6% vs $146/sqft last year
Median Home Size
1,550 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %