Data as of February 2026. Source: Realtor.com.
The ERIE, PA real estate market (16506) currently shows 38 active listings, with 22 pending sales. Homes are averaging 34 days on the market before going under contract.
Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.
The median listing price has risen 10.1% year-over-year, from $323,575 to $356,175.
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 | 37 | $13,750,680 | $325,000 | $371,640 |
| 16508 | Erie, PA 16508 | 3.9 mi | 34 | $6,991,318 | $149,950 | $205,627 |
| 16415 | Fairview, PA 16415 | 4.4 mi | 19 | $6,196,660 | $302,450 | $326,140 |
| 16426 | McKean, PA 16426 | 5.8 mi | 4 | $799,600 | $199,900 | $199,900 |
| 16504 | Erie, PA 16504 | 6.3 mi | 42 | $6,423,480 | $153,000 | $152,940 |
| 16423 | Lake City, PA 16423 | 10.1 mi | 4 | $1,093,332 | $325,000 | $273,333 |
| 16511 | Erie, PA 16511 | 10.7 mi | 17 | $4,767,106 | $199,900 | $280,418 |
| 16441 | Waterford, PA 16441 | 11.5 mi | 15 | $5,874,540 | $259,900 | $391,636 |
| 16410 | Cranesville, PA 16410 | 12.6 mi | 1 | $260,000 | $260,000 | $260,000 |
| 16411 | East Springfield, PA 16411 | 16.3 mi | 2 | $850,000 | $425,000 | $425,000 |
| 16401 | Albion, PA 16401 | 18.1 mi | 5 | $1,249,500 | $169,900 | $249,900 |
| 16443 | West Springfield, PA 16443 | 18.8 mi | 1 | $110,000 | $110,000 | $110,000 |
| 16438 | Union City, PA 16438 | 19.9 mi | 7 | $1,214,381 | $124,500 | $173,483 |
As of February 2026, there are 38 active listings in ERIE, PA (zip code 16506), compared to 31 the prior year.
The median listing price in ERIE, PA 16506 is $356,175 as of February 2026, a 10.1% increase from $323,575 the prior year.
Homes in ERIE, PA 16506 spend an average of 34 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 February 2026, ERIE, PA 16506 is currently a Balanced Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.
With SELL123.com's maximum 3% commission, sellers in ERIE, PA 16506 save an estimated $7,124 compared to a typical 5% commission on the median listing price of $356,175. 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.