Erie PA › Market Report
Erie PA Housing Market Report — 2026
Data refreshed from reviewed packet May 24, 2026. Sources: Redfin Data Center, Zillow Research, Census QuickFacts, FRED/BLS, Erie County, and PA Department of Revenue.
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Quick Answer: Erie PA Housing Market 2026
The reviewed Redfin Data Center city row for Erie reports a $151,172 median sale price, 176 homes sold, 27 median days on market, 318 active listings, 198 new listings, and 220 pending sales for the rolling 3-month period ending Apr. 30, 2026. Zillow Research separately reports Erie city ZHVI of $202,235 as of Apr. 30, 2026, with for-sale inventory of 241 and new listings of 102. Those rows are context for sellers; property condition, title, repairs, tenants, payoff, and timing still drive any specific cash offer.
Erie's Housing Reality
Census QuickFacts reports 91,838 Erie residents, 39,848 households, a 54.1% owner-occupied rate, $115,200 median owner-occupied value, $870 median gross rent, $46,113 median household income, and 23.3% poverty for the latest packeted Census/ACS context. Use those annual/static facts as context only; they are not substitutes for current Redfin or Zillow transaction/value rows.
Key Market Metrics
| Metric | Value | Source / Notes |
|---|---|---|
| Median Sale Price — City of Erie | $151,172 | Redfin Data Center all-cities CSV, rolling 3 months ending 2026-04-30; file last updated 2026-05-03 |
| Homes Sold — City of Erie | 176 | Redfin Data Center all-cities CSV, rolling 3 months ending 2026-04-30 |
| Median Days on Market — City of Erie | 27 days | Redfin Data Center all-cities CSV, rolling 3 months ending 2026-04-30 |
| Active Listings — City of Erie | 318 | Redfin Data Center all-cities CSV, rolling 3 months ending 2026-04-30 |
| New Listings — City of Erie | 198 | Redfin Data Center all-cities CSV, rolling 3 months ending 2026-04-30 |
| Pending Sales — City of Erie | 220 | Redfin Data Center all-cities CSV, rolling 3 months ending 2026-04-30 |
| ZHVI — City of Erie | $202,235 (+5.5% YoY) | Zillow Research City ZHVI CSV, 2026-04-30 |
| For-Sale Inventory — City of Erie | 241 (+0.8% YoY) | Zillow Research City inventory CSV, 2026-04-30 |
| New Listings — City of Erie | 102 (-17.1% YoY) | Zillow Research City new listings CSV, 2026-04-30 |
| Median Sale Price — City of Erie | $178,940 (+15.0% YoY) | Zillow Research City median sale price CSV, 2026-03-31; sale metric lags one month |
| Median Sale Price — Erie County | $179,997 | Redfin Data Center county row, Apr. 2026; county context only, not city replacement |
| Median Days on Market — Erie County | 14 days | Redfin Data Center county row, Apr. 2026; county context only |
| Active Listings — Erie County | 459 | Redfin Data Center county row, Apr. 2026; county context only |
| ZHVI — Erie Metro | $219,355 (+5.6% YoY) | Zillow Research metro ZHVI CSV, 2026-04-30; metro context only |
| For-Sale Inventory — Erie Metro | 356 (+6.3% YoY) | Zillow Research metro inventory CSV, 2026-04-30; metro context only |
| Population | 91,838 | Census QuickFacts, latest packeted annual/static context |
| Households | 39,848 | Census QuickFacts, 2020-2024 ACS context |
| Owner-Occupied Rate | 54.1% | Census QuickFacts, 2020-2024 ACS context |
| Median Owner-Occupied Value | $115,200 | Census QuickFacts, 2020-2024 ACS context |
| Median Gross Rent | $870 | Census QuickFacts, 2020-2024 ACS context |
| Median Household Income | $46,113 | Census QuickFacts, 2020-2024 ACS context |
| Poverty Rate | 23.3% | Census QuickFacts, 2020-2024 ACS context |
| FRED/BLS Unemployment | 4.4% | Erie, PA MSA, Mar. 2026; economic context only |
| Pennsylvania transfer tax | 1% state tax | PA Dept. of Revenue; confirm local taxes/split for each transaction |
| Typical realtor commission | 5–6% | Industry standard |
Market data last updated from reviewed packet: Redfin Data Center rows last updated May 3, 2026; Zillow Research city rows through Apr. 30, 2026.
Erie Market Bifurcation
Erie's market is essentially two markets operating simultaneously. Understanding which one applies to your property is critical to pricing expectations:
| Segment | ZIP Codes | Median Price | $/sqft | DOM |
|---|---|---|---|---|
| Urban core / inner city | 16501, 16502, 16503, 16504 | $50K–$120K | $32–$45 | 30-50 days |
| West Erie / Millcreek corridor | 16505, 16506 | $250K–$400K+ | $129 | 15-25 days |
| Millcreek South / suburban | 16509 | $200K–$280K | $124 | 25-37 days |
Source note: the reviewed packet did not include refreshed ZIP-level Redfin rows. Treat this segment table as local orientation only; do not use it as a substitute for the current Redfin Data Center Erie city row above.
Transfer Tax — Erie PA
The reviewed packet confirms Pennsylvania's 1% state realty transfer tax and links to official state and Erie County recording sources. Local transfer-tax treatment, split, and transaction-specific costs should be confirmed with the title company, Erie County Recorder of Deeds, or PA Department of Revenue.
| Location | Local Tax | PA State | Total | On $115K Sale |
|---|---|---|---|---|
| City of Erie | Confirm locally | 1.0% | Confirm total | Confirm with title |
| Millcreek Township | Confirm locally | 1.0% | Confirm total | Confirm with title |
Source: PA Department of Revenue — Realty Transfer Tax · When you sell to USA Home Buyers, closing-cost treatment should be stated in the written offer.
Housing Stock Characteristics
Housing Age
| Before 1939 | 38.6% |
| 1940–1969 | 38.7% |
| 1970–1999 | 19.4% |
| 2000+ | 3.3% |
Key Housing Facts
| Pre-1970 total | 77.3% |
| Annual snowfall | 104+ inches |
| Owner-occupied | ~50% |
| Renter-occupied | ~50% |
Roughly 77% of Erie's housing is pre-1970 in the reviewed Census/QuickFacts context. These homes frequently have knob-and-tube or early circuit-breaker electrical, cast iron or galvanized plumbing, aging roofs, and deferred maintenance from Erie's punishing winters. That is exactly the housing stock cash buyers purchase. Source: Census QuickFacts / reviewed packet context
Demographics
| Population (2024) | 92,940–93,850 |
| Metro Population (2020) | 270,876 |
| Median Age | 34.8 years |
| Median Household Income | $46,113–$47,733 |
| Poverty Rate | 22.7–23.3% |
| Owner-Occupied | ~50% |
| Renter-Occupied | ~50% |
| Vacancy Rate | 9.1% |
| White (non-Hispanic) | 63.84% |
| Black or African American | 17.31% |
| Hispanic or Latino | 8.55% |
| Asian | 3.74% |
Source: Census QuickFacts for Erie city, Pennsylvania, as preserved in the reviewed packet.
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