Erie, PA—16509
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$272,000
5.6% YoY Growth
Household Income
$68,900
16.1% YoY Growth
Days on Market
22
7.0% Longer YoY
Home Price Forecast
2.4%
Median Rent
$900
15.9% YoY Growth
1-Bed Rent
$850
25.9% YoY Growth
2-Bed Rent
$775
23.2% YoY Growth
3-Bed Rent
$1,600
7.0% YoY Growth
Home Price Trends — Erie, PA
As of May '26, the median home price in Erie, PA is $272,000, with a year-over-year change of 5.6%. This indicates that home prices in Erie, PA are increasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $272,000 | 5.6% |
| Single Family | $270,000 | 6.3% |
| Condos | $290,000 | 5.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |