Data as of March 2026. Source: Realtor.com.
The ERIE, PA real estate market (16507) currently shows 12 active listings, with 4 pending sales. Homes are averaging 38 days on the market before going under contract.
Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 38 days on market compared to 34 days last year.
The median listing price has fallen 13.2% year-over-year, from $132,450 to $115,000.
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: 8,996 · Density: 1,660.9/mi² · Median household income: $34,016
Typical home value: $66,646 · Homeownership: 34.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 16507 | Erie, PA 16507 | 0.0 mi | 12 | $8,509,596 | $202,450 | $709,133 |
| 16502 | Erie, PA 16502 | 1.9 mi | 26 | $3,434,990 | $128,650 | $132,115 |
| 16504 | Erie, PA 16504 | 2.7 mi | 35 | $5,846,155 | $154,175 | $167,033 |
| 16511 | Erie, PA 16511 | 5.1 mi | 15 | $3,601,980 | $232,675 | $240,132 |
| 16506 | Erie, PA 16506 | 6.0 mi | 38 | $15,187,156 | $356,175 | $399,662 |
| 16421 | Harborcreek, PA 16421 | 8.2 mi | 2 | $639,200 | $319,600 | $319,600 |
| 16426 | McKean, PA 16426 | 11.0 mi | 5 | $1,833,250 | $237,500 | $366,650 |
| 16441 | Waterford, PA 16441 | 13.5 mi | 12 | $4,374,156 | $247,500 | $364,513 |
| 16423 | Lake City, PA 16423 | 15.4 mi | 5 | $1,662,500 | $332,500 | $332,500 |
| 14736 | Findley Lake, NY 14736 | 17.5 mi | 5 | $2,362,500 | $477,500 | $472,500 |
| 16438 | Union City, PA 16438 | 21.0 mi | 9 | $1,561,347 | $134,750 | $173,483 |
| 16411 | East Springfield, PA 16411 | 21.6 mi | 1 | $425,000 | $425,000 | $425,000 |
| 16401 | Albion, PA 16401 | 24.0 mi | 6 | $1,244,400 | $167,400 | $207,400 |
As of March 2026, there are 12 active listings in ERIE, PA (zip code 16507), compared to 8 the prior year.
The median listing price in ERIE, PA 16507 is $115,000 as of March 2026, a 13.2% decrease from $132,450 the prior year.
Homes in ERIE, PA 16507 spend an average of 38 days on the market before going under contract, compared to 34 days the prior year.
Based on current inventory and days-on-market data as of March 2026, ERIE, PA 16507 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 38 days on market compared to 34 days last year.
With SELL123.com's maximum 3% commission, sellers in ERIE, PA 16507 save an estimated $2,300 compared to a typical 5% commission on the median listing price of $115,000. 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.