16504 Home Values & Market Trends

There are 25 homes currently listed for 16504. 16504 real estate market trends show that home prices range from $7,500 to $335,000, and the median sales price in the 16504 zip code is $129,069.96. The total number of properties sold within the past twelve months is 280. In 16504, 12 properties are in foreclosure, 2 are bank owned properties,and 10 are headed for auction.

16504 Real Estate Market Overview

CityMedian Est. Value
Erie

$ 151,950

$ 119/sqft

Housing Market Summary for 16504

Mar 2023February 2024Change
Median Listing Price$134.9K$131.6K-2.43%
Median Sold Price$119.9K$131.6K9.78%
Homes For Sale2121-
Homes Sold135134-0.74%
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 16504

The median list price of a home in Erie, is $129,069.96. A total of 25 properties are for sale, and the percentage of properties for sale in the zip code is 25.00%. The total count of 16504 properties is 5,571.

Foreclosure
There is 1 cities within 16504; within this cities, the median estimated home value for homes in foreclosure ranges from $503,528 in erie to the lowest value of $28,891 in erie. Foreclosure homes account for 0.00% of properties in 16504 with erie containing 69 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 16504 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 16504; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 16504 ranges from the highest value of $286,680 in erie to the lowest value of $39,499 in erie. Bank owned homes and properties account for 0.04% of properties in 16504. There is 1 cities within 16504; 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 16504. Auction homes and other auction properties account for 0.18% of all properties in 16504. There is 1 cities within 16504; of that cities, the median estimated home value for homes going to auction ranges from $503,528 in erie to the lowest value of $28,891 in erie.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.45% of residential properties in 16504 with erie containing 189 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 16504; homes for sale in that cities, have a range of median values from $2,325,000 in erie to the lowest value of $32,576 in erie.
    Sold Homes
    The median value for recently sold homes ranges from $1,076,426 in erie to the lowest price of $20,074 in erie. There is 1 cities within 16504. erie has 1233 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.33% of properties in 16504.

      Compare Nearby Zip Codes

      Price
      $/Sqft
      Homes For Sale
      0
      0
      16504
      $
      $

      Guide for 16504

      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
      Home Buying Financing
      How To Get House Mortgage With Low Credit Score
      See More Articles
      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

      How To Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.