Data as of March 2026. Source: Realtor.com.
The ERIE, PA real estate market (16506) currently shows 37 active listings, with 22 pending sales. Homes are averaging 54 days on the market before going under contract.
Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 54 days on market compared to 46 days last year.
The median listing price has risen 8.6% year-over-year, from $349,900 to $379,925.
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: 24,201 · Density: 688.1/mi² · Median household income: $83,782
Typical home value: $216,319 · Homeownership: 71.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 16506 | Erie, PA 16506 | 0.0 mi | 38 | $15,187,156 | $356,175 | $399,662 |
| 16508 | Erie, PA 16508 | 3.9 mi | 30 | $6,288,000 | $148,050 | $209,600 |
| 16415 | Fairview, PA 16415 | 4.4 mi | 19 | $7,843,447 | $374,950 | $412,813 |
| 16426 | McKean, PA 16426 | 5.8 mi | 5 | $1,833,250 | $237,500 | $366,650 |
| 16504 | Erie, PA 16504 | 6.3 mi | 35 | $5,846,155 | $154,175 | $167,033 |
| 16423 | Lake City, PA 16423 | 10.1 mi | 5 | $1,662,500 | $332,500 | $332,500 |
| 16511 | Erie, PA 16511 | 10.7 mi | 15 | $3,601,980 | $232,675 | $240,132 |
| 16441 | Waterford, PA 16441 | 11.5 mi | 12 | $4,374,156 | $247,500 | $364,513 |
| 16421 | Harborcreek, PA 16421 | 13.4 mi | 2 | $639,200 | $319,600 | $319,600 |
| 16442 | Wattsburg, PA 16442 | 16.9 mi | 3 | $480,000 | $160,000 | $160,000 |
| 16428 | North East, PA 16428 | 18.2 mi | 23 | $14,288,152 | $343,650 | $621,224 |
| 16440 | Venango, PA 16440 | 19.2 mi | 1 | $425,000 | $425,000 | $425,000 |
| 16403 | Cambridge Springs, PA 16403 | 20.1 mi | 10 | $2,594,370 | $150,000 | $259,437 |
As of March 2026, there are 37 active listings in ERIE, PA (zip code 16506), compared to 28 the prior year.
The median listing price in ERIE, PA 16506 is $379,925 as of March 2026, a 8.6% increase from $349,900 the prior year.
Homes in ERIE, PA 16506 spend an average of 54 days on the market before going under contract, compared to 46 days the prior year.
Based on current inventory and days-on-market data as of March 2026, ERIE, PA 16506 is currently a Buyer's Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 54 days on market compared to 46 days last year.
With SELL123.com's maximum 3% commission, sellers in ERIE, PA 16506 save an estimated $7,599 compared to a typical 5% commission on the median listing price of $379,925. 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.