The Unshakable Investor

Unshakable ZIP Data 16509 | Erie, PA Housing Market

Erie · Erie County · Erie, PA metro · Pennsylvania · Data updated June 19, 2026

The median sale price in ZIP 16509, Erie, Pennsylvania is $260,423 at $160 per square foot. 43 single-family homes sold in the latest period, down 31.4 percent from a year earlier. Homes sit a median of 17 days on market with 2.2 months of supply. Sellers are getting 98.3 percent of list price and 33.3 percent of homes sold above asking.

Seller's market. No room for sloppy offers.

Value anchors

MetricValueYear over year
Average single-family value$269,872
Average price per sq ft$166
Median sale price$260,423
Median sale price per sq ft$160
Median home size1,623 sq ft
Median new listing price$266,224-0.5%
National size rank4,324

Sales activity

MetricValueYear over year
Homes sold43-31.4%
Median days on market17 days
Months of supply2.2 months
New listings77-4.7%
Active listings98-7.3%
Pending sales64-19.2%

Pricing power

MetricValueYear over year
Average sale-to-list ratio98.3%+1.4 pts
Share sold above list33.3%+0.0 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

2-bedroom
$208,141
3-bedroom
$258,221
4-bedroom
$339,164
5-bedroom
$424,909

These figures describe the single-family market for Erie, Pennsylvania ZIP 16509. They are market context, not a substitute for sold comps or a formal appraisal.