Housing Prices in Erie, PA

How much do homes in Erie, PA cost?

Median List Price

$109,500

$60/sqft

Based on all homes listed in May 2024.

Difference Since Last Month

-$15,000(-12.0%)

Key Takeaway

The list price of homes in Erie has decreased by 12% since April.

Summary: The median home list price in Erie was $109,500 in May 2024, down 12% from the previous month, and the median price per square foot was $60.

Median List Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $139.5K$139.5K
0.0%
3 $82.4K$61.4K
-25.5%
4 $138.9K$138.9K
0.0%
5+ $599.9K$599.9K
0.0%

Summary: Erie housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 25.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Erie, PA

How many homes are available in Erie, PA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
10100.0%

Summary: The Erie real estate market had 10 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 66
0.0%
4 22
0.0%
5+ 11
0.0%

Summary: The Erie housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Erie, PA

How long does it take to sell a home in Erie, PA?

Average Listing Age

Apr 2024May 2024CHANGE
1,027 Days1,044 Days+1.7%

Summary: Homes in Erie had an average listing age of 1,044 days in May 2024, up by 1.7% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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