Data as of June 2026. Source: Realtor.com.
The ERIE, PA real estate market (16506) currently shows 49 active listings, with 27 pending sales. Homes are averaging 21 days on the market before going under contract.
Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 21 days on market compared to 31 days last year.
The median listing price has risen 7.8% year-over-year, from $363,450 to $391,950.
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 June 2026, there are 49 active listings in ERIE, PA (zip code 16506), compared to 52 the prior year.
The median listing price in ERIE, PA 16506 is $391,950 as of June 2026, a 7.8% increase from $363,450 the prior year.
Homes in ERIE, PA 16506 spend an average of 21 days on the market before going under contract, compared to 31 days the prior year.
Based on current inventory and days-on-market data as of June 2026, ERIE, PA 16506 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 21 days on market compared to 31 days last year.
With SELL123.com's maximum 3% commission, sellers in ERIE, PA 16506 save an estimated $7,839 compared to a typical 5% commission on the median listing price of $391,950. 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.