Data as of February 2026. Source: Realtor.com.
The ERIE, PA real estate market (16511) currently shows 15 active listings, with 8 pending sales. Homes are averaging 37 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 selling faster, averaging 37 days on market compared to 113 days last year.
The median listing price has fallen 41.7% year-over-year, from $399,250 to $232,675.
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: 11,555 · Density: 603.9/mi² · Median household income: $62,420
Typical home value: $157,435 · Homeownership: 66.1%
| 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 February 2026, there are 15 active listings in ERIE, PA (zip code 16511), compared to 20 the prior year.
The median listing price in ERIE, PA 16511 is $232,675 as of February 2026, a 41.7% decrease from $399,250 the prior year.
Homes in ERIE, PA 16511 spend an average of 37 days on the market before going under contract, compared to 113 days the prior year.
Based on current inventory and days-on-market data as of February 2026, ERIE, PA 16511 is currently a Seller's Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 37 days on market compared to 113 days last year.
With SELL123.com's maximum 3% commission, sellers in ERIE, PA 16511 save an estimated $4,654 compared to a typical 5% commission on the median listing price of $232,675. 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.