Data as of July 2026. Source: Realtor.com.
The ERIE, PA real estate market (16506) currently shows 64 active listings, with 38 pending sales. Homes are averaging 28 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 28 days on market compared to 41 days last year.
The median listing price has risen 13.6% year-over-year, from $328,725 to $373,475.
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 July 2026, there are 64 active listings in ERIE, PA (zip code 16506), compared to 65 the prior year.
The median listing price in ERIE, PA 16506 is $373,475 as of July 2026, a 13.6% increase from $328,725 the prior year.
Homes in ERIE, PA 16506 spend an average of 28 days on the market before going under contract, compared to 41 days the prior year.
Based on current inventory and days-on-market data as of July 2026, ERIE, PA 16506 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 28 days on market compared to 41 days last year.
With SELL123.com's maximum 3% commission, sellers in ERIE, PA 16506 save an estimated $7,470 compared to a typical 5% commission on the median listing price of $373,475. 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.