Market Intelligence Report — PA-500
Erie, PA
Monthly housing intelligence, market trends, and trusted local expertise.
Ref. No: 2026-PA-05
Updated: May 2026
Updated: May 2026
Median Listing
$240K
-1.9% YOY
Pending Ratio
1.51
+18.3% YOY
Active Inventory
178
-11.4% YOY
Median DOM
36 Days
+0.0% YOY
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Market Signals & Indicators
Supply Dynamics
178 active listings represent the current floor, with new supply arriving at roughly 216 per month.
Pricing Pressure
9.0%
of active listings carry a price reduction, -2.1% from prior period.
$/Sq Ft
$0K
Median price per square foot has moved +1.9% year-over-year.
Absorption
1.51
Pending-to-active ratio — supply and demand dynamics are mixed.
Metro Demographics
Metro Area
Erie, PA
CBSA Code
21500
State
PA