Data as of September 2026. Source: Realtor.com.
The ERIE, PA real estate market (16502) currently shows 22 active listings, with 10 pending sales. Homes are averaging 32 days on the market before going under contract.
Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 32 days on market compared to 49 days last year.
The median listing price has risen 1.8% year-over-year, from $122,450 to $124,675.
Population: 15,567 · Density: 2,424.3/mi² · Median household income: $35,508
Typical home value: $86,037 · Homeownership: 33.6%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 16502 | Erie, PA 16502 | 0.0 mi | 26 | $3,434,990 | $128,650 | $132,115 |
| 16507 | Erie, PA 16507 | 1.9 mi | 12 | $8,509,596 | $202,450 | $709,133 |
| 16503 | Erie, PA 16503 | 2.4 mi | 20 | $2,373,040 | $119,250 | $118,652 |
| 16506 | Erie, PA 16506 | 4.2 mi | 38 | $15,187,156 | $356,175 | $399,662 |
| 16511 | Erie, PA 16511 | 6.5 mi | 15 | $3,601,980 | $232,675 | $240,132 |
| 16415 | Fairview, PA 16415 | 8.5 mi | 19 | $7,843,447 | $374,950 | $412,813 |
| 16421 | Harborcreek, PA 16421 | 9.5 mi | 2 | $639,200 | $319,600 | $319,600 |
| 16423 | Lake City, PA 16423 | 13.9 mi | 5 | $1,662,500 | $332,500 | $332,500 |
| 16428 | North East, PA 16428 | 14.5 mi | 23 | $14,288,152 | $343,650 | $621,224 |
| 16412 | Edinboro, PA 16412 | 16.1 mi | 21 | $8,096,697 | $330,600 | $385,557 |
| 16438 | Union City, PA 16438 | 20.0 mi | 9 | $1,561,347 | $134,750 | $173,483 |
| 16401 | Albion, PA 16401 | 22.3 mi | 6 | $1,244,400 | $167,400 | $207,400 |
| 16440 | Venango, PA 16440 | 22.4 mi | 1 | $425,000 | $425,000 | $425,000 |
As of September 2026, there are 22 active listings in ERIE, PA (zip code 16502), compared to 33 the prior year.
The median listing price in ERIE, PA 16502 is $124,675 as of September 2026, a 1.8% increase from $122,450 the prior year.
Homes in ERIE, PA 16502 spend an average of 32 days on the market before going under contract, compared to 49 days the prior year.
Based on current inventory and days-on-market data as of September 2026, ERIE, PA 16502 is currently a Seller's Market. Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 32 days on market compared to 49 days last year.
With SELL123.com's maximum 3% commission, sellers in ERIE, PA 16502 save an estimated $2,494 compared to a typical 5% commission on the median listing price of $124,675. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.