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

CityMedian Est. ValueCityMedian 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

See More

Housing Market Summary for Erie County, PA

Mar 2023February 2024Change
Median Listing Price$162.9K$170.6K4.73%
Median Sold Price$155K$170.6K10.07%
Homes For Sale278274-1.44%
Homes Sold1,6751,8168.42%
Price
$/Sqft
Homes For Sale
0
0

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%.

0
0

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.

Foreclosure
There are 17 cities within Erie County, PA; within these cities, the median estimated home value for homes in foreclosure ranges from $172,098 in Erie to the lowest value of $28,891 in Erie. Foreclosure homes account for 0.00% of properties in Erie County, PA with Erie containing 69 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-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 Owned
    The 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.
  • Auctions
    Erie 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.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.31% of residential properties in Erie County, PA with Erie containing 189 homes for sale, the highest number of listed properties in a single city. There are 17 cities within Erie County, PA; homes for sale in those cities, have a range of median values from $526,250 in Fairview to the lowest value of $27,726 in Union City.
    Sold Homes
    The median value for recently sold homes ranges from $358,580 in Mc Kean to the lowest price of $15,907 in Mc Kean. There are 17 cities within Erie County, PA. Erie has 1233 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.96% of properties in Erie County, PA.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Erie County, PA
      $
      $

      Guide for Erie County, PA

      New York
      Buffalo Real Estate Market Soars in 2023
      Market Reports
      Philadelphia Real Estate Market Sees Winter Downturn: 2023 Peak Gives Way to Softening Prices in 2024
      RealtyTrac Market Report
      Pennsylvania
      Philadelphia Property Market on the Rise: A Year of Price Gains and Evolving Buyer Challenges
      Home Buying Guides & Tips
      Pennsylvania Foreclosure Laws
      See More Articles
      Buffalo Real Estate Market Soars in 2023
      New York|posted 19 January 2024

      An increase is house prices but a slowdown of homes sold in September

      Philadelphia Real Estate Market Sees Winter Downturn: 2023 Peak Gives Way to Softening Prices in 2024
      Market Reports|posted 28 February 2024

      Philadelphia saw fluctuations in property values, price per square foot, and number of homes sold for the last 12 months.

      RealtyTrac Market Report
      Philadelphia Property Market on the Rise: A Year of Price Gains and Evolving Buyer Challenges
      Pennsylvania|posted 7 December 2023

      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
      Home Buying Guides & Tips|posted 6 June 2013

      Pennsylvania Foreclosure Laws