Erie, PA—16505
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$247,000
7.7% YoY Growth
Household Income
$71,400
19.7% YoY Growth
Days on Market
59
9.0% Longer YoY
Home Price Forecast
2.9%
Median Rent
$1,280
1.5% YoY Growth
1-Bed Rent
$775
28.6% YoY Growth
2-Bed Rent
$1,280
3.2% YoY Growth
3-Bed Rent
$1,900
3.6% YoY Growth
Home Price Trends — Erie, PA
As of Dec '25, the median home price in Erie, PA is $247,000, with a year-over-year change of 7.7%. This indicates that home prices in Erie, PA are increasing. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $247,000 | 7.7% |
| Single Family | $244,000 | 7.5% |
| Condos | $304,000 | 7.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |