Erie - PA housing market
The Erie metro has a typical home value of $228,464, up 6.0% from a year ago. Homes are moving fast at 6 days on market, a strong seller's market. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($228,464) 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 6.0% over the past year. In Erie - PA, that means a home worth $215,532 last year is now worth roughly $228,464.
The median sale price , what homes actually close for , is $201,055. Homes are selling at 98.8% of list price, meaning buyers have room to negotiate.
Homes listed in Erie - PA sit on the market for roughly 6 days before going pending. Shorter = seller's market; longer = buyer's market.
About 18.3% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 243 new listings hit the market each month in Erie - PA. There are currently 437 homes for sale, up 3.3% from a year ago.
The typical monthly rent in Erie - PA is $1,100, up 3.2% 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 | $394,762 | +2.5% | 10.0d |
| Pittsburgh - PA | $235,539 | +0.6% | 9.0d |
| Allentown - PA | $370,184 | +3.2% | 8.0d |
| Harrisburg - PA | $314,931 | +3.3% | 7.0d |
| Scranton - PA | $236,367 | +1.4% | 13.0d |
| Lancaster - PA | $392,781 | +4.7% | 5.0d |