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ZIP 16508 in Erie, PA: housing market trends

The median home sale price in ZIP 16508 in Erie, PA was $174,899 for the three-month period ending September 2026. Sale prices were 1.2% 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
$174,899
three-month period ending September 2026
Median sale price per sq ft
$124.80
three-month period ending September 2026
Active listings
97
three-month period ending September 2026
Typical monthly rent
$1,086
Rent index · August 2026

How is housing inventory changing?

There were 97 active listings for the three-month period ending September 2026. Active listings were 2.1% higher 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 10 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 16508 in Erie, PA
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$174,899$124.8053
Single-familySeptember 2026$174,956$129.2848
Multifamily (2–4 units)September 2026$155,000$77.855 · 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 16508 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
Waterford, PA$238,1373 months ending September 2026 · Redfin
Girard, PA$184,9123 months ending September 2026 · Redfin
Lake City, PA$199,8053 months ending September 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 16508 in Erie, PA
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$174,899$124.8097
August 2026$180,000$122.3489
July 2026$167,450$135.0687
June 2026$162,900$135.9784
May 2026$160,000$135.2471
April 2026$160,000$114.4360
March 2026$152,000$114.5855
February 2026$165,000$122.8260
January 2026$168,400$121.2168
December 2025$173,500$129.2273
November 2025$168,750$121.3281
October 2025$172,500$131.1293
September 2025$172,750$129.6295
August 2025$173,100$133.6784
July 2025$172,500$141.7380
June 2025$166,520$133.0371
May 2025$164,900$129.4668
April 2025$158,250$111.7248
March 2025$150,500$112.4143
February 2025$154,450$108.8048
January 2025$155,500$108.7747
December 2024$155,500$108.7751
November 2024$150,000$110.8156
October 2024$155,500$119.8760

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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