The Unshakable Investor

Unshakable ZIP Data 16511 | Erie, PA Housing Market

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

The median sale price in ZIP 16511, Erie, Pennsylvania is $224,933 at $169 per square foot. 22 single-family homes sold in the latest period, down 13.5 percent from a year earlier. Homes sit a median of 4 days on market with 1.1 months of supply. Sellers are getting 100.5 percent of list price and 47.6 percent of homes sold above asking.

Seller's market. No room for sloppy offers.

Value anchors

MetricValueYear over year
Average single-family value$207,393
Average price per sq ft$156
Median sale price$224,933
Median sale price per sq ft$169
Median home size1,333 sq ft
Median new listing price$222,994+27.5%
National size rank9,003

Sales activity

MetricValueYear over year
Homes sold22-13.5%
Median days on market4 days
Months of supply1.1 months
New listings34-20.2%
Active listings44-14.6%
Pending sales33-7.1%

Pricing power

MetricValueYear over year
Average sale-to-list ratio100.5%+1.9 pts
Share sold above list47.6%+7.6 pts

Bedroom value anchors

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

2-bedroom
$145,534
3-bedroom
$214,151
4-bedroom
$253,866

These figures describe the single-family market for Erie, Pennsylvania ZIP 16511. They are market context, not a substitute for sold comps or a formal appraisal.