Data as of February 2026. Source: Realtor.com.
The ERIE, PA real estate market (16509) currently shows 27 active listings, with 16 pending sales. Homes are averaging 68 days on the market before going under contract.
Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 68 days on market compared to 48 days last year.
The median listing price has fallen 0% year-over-year, from $327,475 to $327,450.
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: 28,151 · Density: 284.5/mi² · Median household income: $69,496
Typical home value: $194,016 · Homeownership: 69.4%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 16509 | Erie, PA 16509 | 0.0 mi | 39 | $16,499,457 | $319,000 | $423,063 |
| 16508 | Erie, PA 16508 | 3.6 mi | 34 | $6,991,318 | $149,950 | $205,627 |
| 16503 | Erie, PA 16503 | 4.8 mi | 16 | $1,821,968 | $119,000 | $113,873 |
| 16507 | Erie, PA 16507 | 5.8 mi | 13 | $8,458,723 | $169,900 | $650,671 |
| 16505 | Erie, PA 16505 | 6.5 mi | 24 | $15,724,272 | $265,000 | $655,178 |
| 16441 | Waterford, PA 16441 | 7.7 mi | 15 | $5,874,540 | $259,900 | $391,636 |
| 16421 | Harborcreek, PA 16421 | 9.5 mi | 1 | $333,500 | $333,500 | $333,500 |
| 16442 | Wattsburg, PA 16442 | 11.2 mi | 1 | $289,900 | $289,900 | $289,900 |
| 16412 | Edinboro, PA 16412 | 13.7 mi | 22 | $8,085,000 | $247,450 | $367,500 |
| 16438 | Union City, PA 16438 | 15.4 mi | 7 | $1,214,381 | $124,500 | $173,483 |
| 14736 | Findley Lake, NY 14736 | 16.2 mi | 6 | $2,835,000 | $477,500 | $472,500 |
| 16403 | Cambridge Springs, PA 16403 | 18.5 mi | 11 | $3,030,621 | $219,900 | $275,511 |
| 16440 | Venango, PA 16440 | 19.3 mi | 1 | $425,000 | $425,000 | $425,000 |
As of February 2026, there are 27 active listings in ERIE, PA (zip code 16509), compared to 32 the prior year.
The median listing price in ERIE, PA 16509 is $327,450 as of February 2026, a 0% increase from $327,475 the prior year.
Homes in ERIE, PA 16509 spend an average of 68 days on the market before going under contract, compared to 48 days the prior year.
Based on current inventory and days-on-market data as of February 2026, ERIE, PA 16509 is currently a Balanced Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 68 days on market compared to 48 days last year.
With SELL123.com's maximum 3% commission, sellers in ERIE, PA 16509 save an estimated $6,549 compared to a typical 5% commission on the median listing price of $327,450. 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.