Unshakable ZIP Data 16503 | Erie, PA Housing Market
Erie · Erie County · Erie, PA metro · Pennsylvania · Data updated June 19, 2026
The median sale price in ZIP 16503, Erie, Pennsylvania is $92,473 at $39 per square foot. 25 single-family homes sold in the latest period, down 17.6 percent from a year earlier. Homes sit a median of 42 days on market with 1.7 months of supply. Sellers are getting 89.7 percent of list price and 8.3 percent of homes sold above asking.
Buyer leverage market. Negotiate hard.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $73,852 | |
| Average price per sq ft | $31 | |
| Median sale price | $92,473 | |
| Median sale price per sq ft | $39 | |
| Median home size | 2,368 sq ft | |
| Median new listing price | $89,138 | +37.1% |
| National size rank | 7,542 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 25 | -17.6% |
| Median days on market | 42 days | |
| Months of supply | 1.7 months | |
| New listings | 27 | -31.5% |
| Active listings | 48 | -23.2% |
| Pending sales | 27 | -28.0% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 89.7% | -2.1 pts |
| Share sold above list | 8.3% | -11.7 pts |
Bedroom value anchors
Average values by bedroom count. Value anchors for orientation, not appraisals.
2-bedroom
$63,424
3-bedroom
$72,739
4-bedroom
$77,132
5-bedroom
$81,357
These figures describe the single-family market for Erie, Pennsylvania ZIP 16503. They are market context, not a substitute for sold comps or a formal appraisal.