Data as of February 2026. Source: Realtor.com.
The ERIE, PA real estate market (16505) currently shows 27 active listings, with 13 pending sales. Homes are averaging 78 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 78 days on market compared to 38 days last year.
The median listing price has fallen 1.1% year-over-year, from $252,250 to $249,425.
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: 16,136 · Density: 534.4/mi² · Median household income: $69,884
Typical home value: $188,212 · Homeownership: 76.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 16505 | Erie, PA 16505 | 0.0 mi | 24 | $15,724,272 | $265,000 | $655,178 |
| 16508 | Erie, PA 16508 | 3.0 mi | 34 | $6,991,318 | $149,950 | $205,627 |
| 16506 | Erie, PA 16506 | 3.7 mi | 37 | $13,750,680 | $325,000 | $371,640 |
| 16504 | Erie, PA 16504 | 4.9 mi | 42 | $6,423,480 | $153,000 | $152,940 |
| 16415 | Fairview, PA 16415 | 7.4 mi | 19 | $6,196,660 | $302,450 | $326,140 |
| 16426 | McKean, PA 16426 | 9.4 mi | 4 | $799,600 | $199,900 | $199,900 |
| 16421 | Harborcreek, PA 16421 | 11.3 mi | 1 | $333,500 | $333,500 | $333,500 |
| 16417 | Girard, PA 16417 | 13.3 mi | 8 | $1,909,496 | $227,500 | $238,687 |
| 16410 | Cranesville, PA 16410 | 16.0 mi | 1 | $260,000 | $260,000 | $260,000 |
| 16428 | North East, PA 16428 | 16.5 mi | 21 | $12,983,334 | $299,950 | $618,254 |
| 16411 | East Springfield, PA 16411 | 18.5 mi | 2 | $850,000 | $425,000 | $425,000 |
| 16401 | Albion, PA 16401 | 21.2 mi | 5 | $1,249,500 | $169,900 | $249,900 |
| 16438 | Union City, PA 16438 | 21.9 mi | 7 | $1,214,381 | $124,500 | $173,483 |
As of February 2026, there are 27 active listings in ERIE, PA (zip code 16505), compared to 24 the prior year.
The median listing price in ERIE, PA 16505 is $249,425 as of February 2026, a 1.1% decrease from $252,250 the prior year.
Homes in ERIE, PA 16505 spend an average of 78 days on the market before going under contract, compared to 38 days the prior year.
Based on current inventory and days-on-market data as of February 2026, ERIE, PA 16505 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 78 days on market compared to 38 days last year.
With SELL123.com's maximum 3% commission, sellers in ERIE, PA 16505 save an estimated $4,989 compared to a typical 5% commission on the median listing price of $249,425. 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.