Erie - PA housing market
The Erie metro has a typical home value of $219,355, up 5.6% from a year ago. Homes are moving fast at 11 days on market - a strong seller's market. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($219,355) is the Zillow Home Value Index for the Erie - PA metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are up 5.6% over the past year. In Erie - PA, that means a home worth $207,723 last year is now worth roughly $219,355.
The median sale price , what homes actually close for , is $200,537. Homes are selling at 97.3% of list price, meaning buyers have room to negotiate.
Homes listed in Erie - PA sit on the market for roughly 11 days before going pending. Shorter = seller's market; longer = buyer's market.
About 15.5% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 151 new listings hit the market each month in Erie - PA. There are currently 356 homes for sale, up 6.3% from a year ago.
The typical monthly rent in Erie - PA is $1,107, up 3.4% year over year. For investors, the price-to-rent ratio here is roughly 17x annual rent.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
Other metros in PA
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Philadelphia - PA | $386,647 | +2.6% | 11.0d |
| Pittsburgh - PA | $228,113 | +1.1% | 15.0d |
| Allentown - PA | $360,509 | +3.0% | 10.0d |
| Harrisburg - PA | $308,987 | +3.6% | 8.0d |
| Scranton - PA | $223,921 | +1.6% | 17.0d |
| Lancaster - PA | $385,243 | +4.5% | 5.0d |