The story of this market
The typical home in Erie, Pennsylvania sells for about $173,413, or $125 per square foot.
Prices are up +8.4% from a year ago, so sellers still have some momentum. Homes take about 10 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,000 a month.
Monthly price momentum
Home values since 2015
+3.6%
PA · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Erie, Pennsylvania
The Erie housing market is currently experiencing high demand and competitive conditions, evidenced by rising median sale prices and a rapid turnover of inventory. Year-over-year price growth remains strong, driven by limited supply and sustained interest in the local market. Some specific metrics, such as property tax rates and detailed school performance data, were not available at the city level for this report.
No ARED county foreclosure postings attributed to Erie yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).
Deterministic aggregate of 11 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 5.0% year over year.
Homes spend a median of 23 days on market with 0.1 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 3.83% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 23.3% — a mixed stability profile.
- Splash Lagoon4.35.6 mi
- Waldameer & Water World4.63.9 mi
- Elevate Trampoline Park4.43.1 mi
- Round1 Bowling & Arcade - Erie4.24.3 mi
- Play Port Arcade & Family Fun Center4.63.5 mi
- Erie Insurance Arena4.60.2 mi
- Golden Corral Buffet & Grill4.25.3 mi
- Bayfront Convention Center4.50.7 mi
- Port Farms4.717.3 mi
- Lake Erie Speedway4.513.2 mi
- Presque Isle State Park4.82.6 mi
- Splash Lagoon4.35.6 mi
- Erie Zoo4.42.2 mi
- Presque Isle Beach4.83 mi
- Presque Isle Lighthouse4.73 mi
- Presque Isle State Park4.82.6 mi
- Asbury Woods4.86.5 mi
- Presque Isle: Beach 114.62.4 mi
- Frontier Park4.81.8 mi
- Presque Isle: Beach #14.83.6 mi
- Erie Yacht Club4.62.4 mi
- North East Marina4.517.4 mi
- Sun Life Marinas - Bay Harbor4.61 mi
- Sun Life Marinas - Perry's Landing4.61 mi
- Lake Erie4.664.5 mi
- Whispering Woods Golf Club4.57.3 mi
- Mound Grove Golf Course4.610.1 mi
- Scenic Heights Golf Course4.410.4 mi
- Elk Valley Golf Course4.112 mi
- The Ridge Golf Club4.29.1 mi
- Millcreek Mall Complex4.34.2 mi
- T.J. Maxx4.44.5 mi
- Kohl's4.34.9 mi
- Ross Dress for Less4.24.3 mi
- Burlington4.15 mi
- Erie International Airport4.25.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A major regional attraction featuring a wide variety of animals and botanical gardens.
A massive sandy peninsula on Lake Erie offering beaches, trails, and recreational water activities.
A primary regional shopping destination serving the Erie area.
Focuses on the maritime history of Lake Erie and the U.S. Brig Niagara.
A historic venue in downtown Erie hosting performing arts and concerts.
The city is served by a network of regional highways and local transit services, with a focus on connecting the downtown core to surrounding residential areas.
Erie's economy is anchored by manufacturing, healthcare, and education sectors, with ongoing efforts to revitalize the waterfront and downtown districts.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Pennsylvania) — Homestead/Farmstead Exclusion: Formula: (Assessed Value - Exclusion Amount) × Tax Rate = Tax Owed. Exclusion amount varies by school district and county. State (Pennsylvania) — Property Tax Assessment: Tax = Assessed Value × Local Millage Rate (1 mill = $1 per $1,000 of assessed value).
Data sourced from World Population Review and ACS estimates.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.