Data as of September 2026. Source: Realtor.com.
The ERIE, PA real estate market (16506) currently shows 62 active listings, with 33 pending sales. Homes are averaging 39 days on the market before going under contract.
Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.
Homes are selling faster, averaging 39 days on market compared to 42 days last year.
The median listing price has fallen 5.5% year-over-year, from $342,450 to $323,675.
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 September 2026, there are 62 active listings in ERIE, PA (zip code 16506), compared to 50 the prior year.
The median listing price in ERIE, PA 16506 is $323,675 as of September 2026, a 5.5% decrease from $342,450 the prior year.
Homes in ERIE, PA 16506 spend an average of 39 days on the market before going under contract, compared to 42 days the prior year.
Based on current inventory and days-on-market data as of September 2026, ERIE, PA 16506 is currently a Balanced Market. Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice. Homes are selling faster, averaging 39 days on market compared to 42 days last year.
With SELL123.com's maximum 3% commission, sellers in ERIE, PA 16506 save an estimated $6,474 compared to a typical 5% commission on the median listing price of $323,675. 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.