Unshakable ZIP Data 16502 | Erie, PA Housing Market
Erie · Erie County · Erie, PA metro · Pennsylvania · Data updated June 19, 2026
The median sale price in ZIP 16502, Erie, Pennsylvania is $127,462 at $80 per square foot. 33 single-family homes sold in the latest period, down 5.9 percent from a year earlier. Homes sit a median of 39 days on market with 1.3 months of supply. Sellers are getting 97.3 percent of list price and 28.1 percent of homes sold above asking.
Balanced market.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $132,242 | |
| Average price per sq ft | $83 | |
| Median sale price | $127,462 | |
| Median sale price per sq ft | $80 | |
| Median home size | 1,590 sq ft | |
| Median new listing price | $158,545 | +37.9% |
| National size rank | 8,003 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 33 | -5.9% |
| Median days on market | 39 days | |
| Months of supply | 1.3 months | |
| New listings | 40 | -3.4% |
| Active listings | 64 | +20.4% |
| Pending sales | 44 | +24.5% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 97.3% | +0.8 pts |
| Share sold above list | 28.1% | +5.3 pts |
Bedroom value anchors
Average values by bedroom count. Value anchors for orientation, not appraisals.
2-bedroom
$117,085
3-bedroom
$130,910
4-bedroom
$138,654
5-bedroom
$158,016
These figures describe the single-family market for Erie, Pennsylvania ZIP 16502. They are market context, not a substitute for sold comps or a formal appraisal.