Data as of July 2026. Source: Realtor.com.
The ERIE, PA real estate market (16505) currently shows 41 active listings, with 24 pending sales. Homes are averaging 27 days on the market before going under contract.
Inventory has tightened compared to last year, with 14 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 27 days on market compared to 35 days last year.
The median listing price has fallen 3.2% year-over-year, from $280,000 to $271,150.
Whether you are buying or selling in ERIE, PA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 16,136 · Density: 534.4/mi² · Median household income: $69,884
Typical home value: $188,212 · Homeownership: 76.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 16505 | Erie, PA 16505 | 0.0 mi | 27 | $11,310,705 | $249,425 | $418,915 |
| 16508 | Erie, PA 16508 | 3.0 mi | 30 | $6,288,000 | $148,050 | $209,600 |
| 16506 | Erie, PA 16506 | 3.7 mi | 38 | $15,187,156 | $356,175 | $399,662 |
| 16504 | Erie, PA 16504 | 4.9 mi | 35 | $5,846,155 | $154,175 | $167,033 |
| 16415 | Fairview, PA 16415 | 7.4 mi | 19 | $7,843,447 | $374,950 | $412,813 |
| 16426 | McKean, PA 16426 | 9.4 mi | 5 | $1,833,250 | $237,500 | $366,650 |
| 16421 | Harborcreek, PA 16421 | 11.3 mi | 2 | $639,200 | $319,600 | $319,600 |
| 16417 | Girard, PA 16417 | 13.3 mi | 11 | $2,552,935 | $223,675 | $232,085 |
| 16412 | Edinboro, PA 16412 | 16.3 mi | 21 | $8,096,697 | $330,600 | $385,557 |
| 16442 | Wattsburg, PA 16442 | 17.1 mi | 3 | $480,000 | $160,000 | $160,000 |
| 14736 | Findley Lake, NY 14736 | 20.4 mi | 5 | $2,362,500 | $477,500 | $472,500 |
| 16443 | West Springfield, PA 16443 | 21.3 mi | 1 | $110,000 | $110,000 | $110,000 |
| 16440 | Venango, PA 16440 | 22.9 mi | 1 | $425,000 | $425,000 | $425,000 |
As of July 2026, there are 41 active listings in ERIE, PA (zip code 16505), compared to 55 the prior year.
The median listing price in ERIE, PA 16505 is $271,150 as of July 2026, a 3.2% decrease from $280,000 the prior year.
Homes in ERIE, PA 16505 spend an average of 27 days on the market before going under contract, compared to 35 days the prior year.
Based on current inventory and days-on-market data as of July 2026, ERIE, PA 16505 is currently a Seller's Market. Inventory has tightened compared to last year, with 14 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 27 days on market compared to 35 days last year.
With SELL123.com's maximum 3% commission, sellers in ERIE, PA 16505 save an estimated $5,423 compared to a typical 5% commission on the median listing price of $271,150. 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.