Data as of April 2026. Source: Realtor.com.
The ERIE, PA real estate market (16507) currently shows 14 active listings, with 7 pending sales. Homes are averaging 44 days on the market before going under contract.
Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 44 days on market compared to 33 days last year.
The median listing price has fallen 6.7% year-over-year, from $129,950 to $121,250.
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 April 2026, there are 14 active listings in ERIE, PA (zip code 16507), compared to 12 the prior year.
The median listing price in ERIE, PA 16507 is $121,250 as of April 2026, a 6.7% decrease from $129,950 the prior year.
Homes in ERIE, PA 16507 spend an average of 44 days on the market before going under contract, compared to 33 days the prior year.
Based on current inventory and days-on-market data as of April 2026, ERIE, PA 16507 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 44 days on market compared to 33 days last year.
With SELL123.com's maximum 3% commission, sellers in ERIE, PA 16507 save an estimated $2,425 compared to a typical 5% commission on the median listing price of $121,250. 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.