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ZIP 16503 in Erie, PA: housing market trends

The median home sale price in ZIP 16503 in Erie, PA was $85,296 for the three-month period ending September 2026. Sale prices were 58.0% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$85,296
three-month period ending September 2026
Median sale price per sq ft
$46.28
three-month period ending September 2026
Active listings
50
three-month period ending September 2026
Typical monthly rent
$866
Rent index · August 2026

How is housing inventory changing?

There were 50 active listings for the three-month period ending September 2026. Active listings were 5.7% lower than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 18 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 16503 in Erie, PA
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$85,296$46.2818
Single-familySeptember 2026$87,299$58.3114
Condos / co-opsSeptember 2026UnavailableUnavailableUnavailable
Multifamily (2–4 units)September 2026$61,750$28.904 · small sample

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 16503 in Erie, PA
MarketMedian sale priceReporting period / source
Erie, PA$217,500Month ending July 2026 · Zillow
Mc Kean, PA$269,8713 months ending September 2026 · Redfin
Fairview, PAUnavailableMonth ending unavailable date · Zillow
North East, PA$228,8913 months ending September 2026 · Redfin
Waterford, PA$238,1373 months ending September 2026 · Redfin
Wattsburg, PA$150,0003 months ending August 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 16503 in Erie, PA
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$85,296$46.2850
August 2026$93,500$58.3847
July 2026$91,821$54.1143
June 2026$88,000$53.6647
May 2026$90,000$41.6347
April 2026$82,500$42.4842
March 2026$82,000$41.6343
February 2026$82,000$53.6245
January 2026$84,750$42.3343
December 2025$84,250$61.3841
November 2025$70,000$51.8146
October 2025$65,000$36.7849
September 2025$54,000$32.8453
August 2025$61,750$33.0854
July 2025$60,000$33.1460
June 2025$60,000$40.3564
May 2025$59,450$39.5662
April 2025$58,950$35.0757
March 2025$50,000$30.9956
February 2025$47,500$30.7443
January 2025$45,000$29.8945
December 2024$55,000$31.0928
November 2024$49,750$28.3640
October 2024$58,000$32.8948

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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