Data as of February 2026. Source: Realtor.com.
The ERIE, PA real estate market (16508) currently shows 30 active listings, with 14 pending sales. Homes are averaging 93 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 93 days on market compared to 49 days last year.
The median listing price has fallen 19.4% year-over-year, from $183,725 to $148,050.
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: 14,801 · Density: 2,038.2/mi² · Median household income: $53,197
Typical home value: $116,315 · Homeownership: 66.2%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 16508 | Erie, PA 16508 | 0.0 mi | 34 | $6,991,318 | $149,950 | $205,627 |
| 16504 | Erie, PA 16504 | 2.4 mi | 42 | $6,423,480 | $153,000 | $152,940 |
| 16507 | Erie, PA 16507 | 2.7 mi | 13 | $8,458,723 | $169,900 | $650,671 |
| 16509 | Erie, PA 16509 | 3.6 mi | 39 | $16,499,457 | $319,000 | $423,063 |
| 16511 | Erie, PA 16511 | 6.8 mi | 17 | $4,767,106 | $199,900 | $280,418 |
| 16415 | Fairview, PA 16415 | 8.3 mi | 19 | $6,196,660 | $302,450 | $326,140 |
| 16421 | Harborcreek, PA 16421 | 9.5 mi | 1 | $333,500 | $333,500 | $333,500 |
| 16423 | Lake City, PA 16423 | 13.9 mi | 4 | $1,093,332 | $325,000 | $273,333 |
| 16442 | Wattsburg, PA 16442 | 14.2 mi | 1 | $289,900 | $289,900 | $289,900 |
| 16412 | Edinboro, PA 16412 | 15.3 mi | 22 | $8,085,000 | $247,450 | $367,500 |
| 14736 | Findley Lake, NY 14736 | 17.9 mi | 6 | $2,835,000 | $477,500 | $472,500 |
| 16411 | East Springfield, PA 16411 | 20.2 mi | 2 | $850,000 | $425,000 | $425,000 |
| 16440 | Venango, PA 16440 | 21.5 mi | 1 | $425,000 | $425,000 | $425,000 |
As of February 2026, there are 30 active listings in ERIE, PA (zip code 16508), compared to 27 the prior year.
The median listing price in ERIE, PA 16508 is $148,050 as of February 2026, a 19.4% decrease from $183,725 the prior year.
Homes in ERIE, PA 16508 spend an average of 93 days on the market before going under contract, compared to 49 days the prior year.
Based on current inventory and days-on-market data as of February 2026, ERIE, PA 16508 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 93 days on market compared to 49 days last year.
With SELL123.com's maximum 3% commission, sellers in ERIE, PA 16508 save an estimated $2,961 compared to a typical 5% commission on the median listing price of $148,050. 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.