Erie County, PA Home Values & Market Trends
The median home price in Erie County, PA is $179,975.23. There were 3,118 home sales in Erie County, PA over the past 12 months. The median residential Erie County, PA home value for transactions over the previous year is $147,100.175. The number of current listings in Erie County, PA is 266, and the percentage of properties for sale is 266.00%. The county has 86 foreclosures, 15 bank owned properties, 70 headed for auction, and 266 properties for sale.
Erie County, PA Real Estate Market Overview
City | Median Est. Value | City | Median Est. Value |
---|---|---|---|
Erie | $ 151,950 $ 119/sqft | Cranesville | $ 168,349 $ 128/sqft |
North East | $ 325,000 $ 175/sqft | Union City | $ 62,169 $ 39/sqft |
Edinboro | $ 315,000 $ 148/sqft | Harborcreek | $ 332,500 $ 168/sqft |
Girard | $ 259,900 $ 131/sqft | Wattsburg | $ -- $ -- |
Fairview | $ 262,450 $ 172/sqft | Albion | $ 129,000 $ 83/sqft |
Corry | $ 101,450 $ 61/sqft | Mc Kean | $ -- $ -- |
West Springfield | $ 184,900 $ 126/sqft | East Springfield | $ -- $ -- |
Waterford | $ 207,777 $ 146/sqft | North Springfield | $ -- $ -- |
Lake City | $ 169,900 $ 145/sqft |
Housing Market Summary for Erie County, PA
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $162.9K | $170.6K | 4.73% |
Median Sold Price | $155K | $170.6K | 10.07% |
Homes For Sale | 278 | 274 | -1.44% |
Homes Sold | 1,675 | 1,816 | 8.42% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Erie County, PA
Browse Homes in Erie County, PA
Erie County, PA home values range from $20,060 to $4,515,028. Harborcreek is the priciest city with a median listing home price of $322,450, and Corry is most affordable with average house prices of around $88,950.
- Pre-ForeclosurePre-foreclosure homes account for 0.00% of all residential properties in Erie County, PA with Albion containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 17 cities within Erie County, PA; of those cities, the estimated home value for pre-foreclosure homes ranges from $117,665 in Albion to the lowest home value of $117,665 in Albion.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Erie County, PA ranges from the highest value of $286,680 in Edinboro to the lowest value of $39,499 in Erie. Bank owned homes and properties account for 0.02% of properties in Erie County, PA. There are 17 cities within Erie County, PA; Erie containing 11 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsErie has 58 auction properties, the highest number of properties going to auction in a single city in the state of Erie County, PA. Auction homes and other auction properties account for 0.08% of all properties in Erie County, PA. There are 17 cities within Erie County, PA; of those cities, the median estimated home value for homes going to auction ranges from $503,528 in Girard to the lowest value of $28,891 in Girard.
Compare Nearby Cities
More Real Estate Resources for Erie County, PA
Guide for Erie County, PA
An increase is house prices but a slowdown of homes sold in September
Philadelphia saw fluctuations in property values, price per square foot, and number of homes sold for the last 12 months.
Explore Philadelphia’s evolving property market in our latest blog post, where we analyze the notable trends in property values, cost per square foot, and the complexity of average sold prices within the city’s vibrant real estate landscape.
Pennsylvania Foreclosure Laws