Housing Prices in Erie, PA

How much do homes in Erie, PA cost?

Median List Price

$109,000

$86/sqft

Based on all homes listed in November 2024.

Difference Since Last Month

-$16,000(-12.8%)

Key Takeaway

The list price of homes in Erie has decreased by 12.8% since October.

Summary: The median home list price in Erie was $109,000 in November 2024, down 12.8% from the previous month, and the median price per square foot was $86.

Median List Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $125K-
N/A
2 $112.7K$112.7K
0.0%
3 $121.7K$99K
-18.7%
4 $138.9K$130K
-6.5%
5+ --
N/A

Summary: Erie housing prices by bedroom type for November 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 18.7%, 4 bedroom homes decreased by 6.5%, 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

Oct 2024Nov 2024CHANGE
1310-23.1%

Summary: The Erie real estate market had 10 homes for sale in November 2024, a 23.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 22
0.0%
3 65
-16.7%
4 43
-25.0%
5+ 00
0.0%

Summary: The Erie housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 25%, 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

Oct 2024Nov 2024CHANGE
879 Days1,153 Days+31.2%

Summary: Homes in Erie had an average listing age of 1,153 days in Nov 2024, up by 31.2% compared to the previous month.

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

Report Updated 17 Days Ago

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