Erie, PA
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
Primary Intelligence Tool — Sold Score™
Will your home sell in today's very competitive Erie market?
Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Erie, PA.
The Erie, PA housing market exhibits very competitive conditions, driven by a pending ratio of 1.12, indicating demand strongly outstripping current inventory. Active listings have contracted by 8.1% year-over-year, further intensifying supply pressures.
Local Market Signals
Source: FRED (St. Louis Fed)Local economic trends can influence how quickly homes sell and how much competition sellers may face.
Job Market
Unemployment rate · Jul 2026
Shows whether local employment conditions are supporting buyer demand.
U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).
Population & Migration
Resident population · Jan 2025
Shows whether the area is gaining or losing potential housing demand.
U.S. Census Bureau via FRED (St. Louis Fed).
Future Housing Supply
Data not yet available.
Shows whether future inventory pressure may increase.
What's moving the Erie market right now.
Active listings have decreased by 8.1% over the past year, resulting in a constrained supply environment. Despite this, new listings have seen a modest 2.9% year-over-year increase. The median listing price has risen by 2.5% year-over-year, reflecting sustained demand. Furthermore, the median days on market declined by 10.5% over the past year, illustrating a faster absorption pace of available properties.
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
The elevated pending ratio of 1.12 indicates significant demand absorption relative to available supply, suggesting an environment where properties are securing contracts quickly. This pace contributes to reduced negotiating flexibility for those seeking to acquire property, and places pressure on price discipline for available listings. The contraction in active listings further limits options, favoring a rapid transactional pace.
Average listing prices declined by 4.4% year-over-year, while median listing prices increased by 2.5%. The average listing price ($324,076) remains notably higher than the median ($244,900), suggesting some divergence at higher price points, although no distinct luxury-segment signal is clearly discernible from the median $/sqft or median sqft data.
285 active listings represent the current floor, with new supply arriving at roughly 280 per month.
of active listings carry a price reduction, -3.7% from prior period.
Median price per square foot has moved +0.9% year-over-year.
Pending-to-active ratio — Very Competitive.
Recommended For This Market
Very CompetitiveSelling in Erie, PA? Homes here are taking 4 days less to sell than last year.
Demand in Erie, PA is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.
- Buyer Demand Index
- 112%
- Median Days on Market
- 34 days
- Inventory YoY
- −8%
Demand is strong in Erie, PA. Check your Sold Score before you price — conditions this favorable don't hold forever.
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Metro Demographics
ZIPs in Erie, PA
16508
erie
$190K
24 active · 38 DOM
16505
erie
$299K
21 active · 31 DOM
16438
union city
$140K
14 active · 45 DOM
16441
waterford
$295K
13 active · 21 DOM
16424
linesville
$124K
13 active · 71 DOM
16407
corry
$290K
12 active · 69 DOM
16428
north east
$317K
11 active · 32 DOM
16503
erie
$113K
11 active · 66 DOM
16507
erie
$180K
10 active · 27 DOM
16403
cambridge springs
$240K
9 active · 52 DOM
16502
erie
$129K
8 active · 32 DOM
16433
saegertown
$220K
6 active · 27 DOM
16404
centerville
$224K
3 active · 45 DOM
16423
lake city
$165K
3 active · 9 DOM
16420
grand valley
$275K
3 active · 58 DOM
16410
cranesville
$227K
2 active · 24 DOM
16435
springboro
$182K
2 active · 71 DOM
16501
erie
$220K
1 active · 65 DOM
Sorted by active inventory · click a ZIP for its full report