Erie, PA—16504
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$158,000
5.5% YoY Growth
Household Income
$52,000
25.9% YoY Growth
Days on Market
22
30.0% Longer YoY
Home Price Forecast
3.1%
Median Rent
$1,360
34.5% YoY Growth
1-Bed Rent
$1,360
N/A
2-Bed Rent
$1,100
30.0% YoY Growth
3-Bed Rent
$1,800
67.8% YoY Growth
Home Price Trends — Erie, PA
As of May '26, the median home price in Erie, PA is $158,000, with a year-over-year change of 5.5%. This indicates that home prices in Erie, PA are increasing. According to Zillow, the 1-year price projection is 3.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $158,000 | 5.5% |
| Single Family | $157,000 | 5.4% |
| Condos | $218,000 | -2.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |