Population: 11,555 · Density: 603.9/mi² · Median household income: $62,420
Typical home value: $157,435 · Homeownership: 66.1%
Data as of January 2026. Source: Realtor.com.
The ERIE, PA real estate market (16511) currently shows 17 active listings, with 8 pending sales. Homes are averaging 72 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 72 days on market compared to 80 days last year.
The median listing price has fallen 42.5% year-over-year, from $347,450 to $199,900.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 16511 | Erie, PA 16511 | 0.0 mi | 17 | $4,767,106 | $199,900 | $280,418 |
| 16503 | Erie, PA 16503 | 4.2 mi | 16 | $1,821,968 | $119,000 | $113,873 |
| 16504 | Erie, PA 16504 | 4.7 mi | 42 | $6,423,480 | $153,000 | $152,940 |
| 16502 | Erie, PA 16502 | 6.6 mi | 28 | $3,846,304 | $132,450 | $137,368 |
| 16509 | Erie, PA 16509 | 7.8 mi | 39 | $16,499,457 | $319,000 | $423,063 |
| 16428 | North East, PA 16428 | 8.6 mi | 21 | $12,983,334 | $299,950 | $618,254 |
| 16442 | Wattsburg, PA 16442 | 12.3 mi | 1 | $289,900 | $289,900 | $289,900 |
| 16441 | Waterford, PA 16441 | 14.5 mi | 15 | $5,874,540 | $259,900 | $391,636 |
| 16415 | Fairview, PA 16415 | 15.1 mi | 19 | $6,196,660 | $302,450 | $326,140 |
| 14724 | Clymer, NY 14724 | 18.5 mi | 21 | $10,302,033 | $279,999 | $490,573 |
| 16423 | Lake City, PA 16423 | 20.4 mi | 4 | $1,093,332 | $325,000 | $273,333 |
| 16417 | Girard, PA 16417 | 21.0 mi | 8 | $1,909,496 | $227,500 | $238,687 |
| 16410 | Cranesville, PA 16410 | 23.2 mi | 1 | $260,000 | $260,000 | $260,000 |
As of January 2026, there are 17 active listings in ERIE, PA (zip code 16511), compared to 19 the prior year.
The median listing price in ERIE, PA 16511 is $199,900 as of January 2026, a 42.5% decrease from $347,450 the prior year.
Homes in ERIE, PA 16511 spend an average of 72 days on the market before going under contract, compared to 80 days the prior year.
Based on current inventory and days-on-market data as of January 2026, ERIE, PA 16511 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 72 days on market compared to 80 days last year.
With SELL123.com's maximum 3% commission, sellers in ERIE, PA 16511 save an estimated $3,998 compared to a typical 5% commission on the median listing price of $199,900. 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.