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market report · 16506
Erie, PA · 16506
34 active listings$244,000 median ask$1,945 est. rent0.8% price/rent
$244,000
Median list price
$1,945/mo
Estimated rent
0.8%
Price / rent ratio
34
Listings
FHFA home price index · 2016–2025
74.5% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.41
Median rent / sqft
34 comps
$194.38
Median sold / sqft
34 comps
—
Walkability
4.0%
Area unemployment
BLS LAUS
Median household income $81,060 · median home value $237,300 · ACS 2024.
Natural-hazard risk Relatively Moderate (FEMA NRI score 75).
1 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
5005 N Zuck Ln, Mill Creek, PA 16506
Mill Creek, PA
$28,500$1,297/mo4.6%
2718 W Park Ln, Erie, PA 16506
Erie, PA
$105,900$2,371/mo2.2%
2303 Border Dr, Erie, PA 16506
Erie, PA
$94,900$1,805/mo1.9%
2713 W Park Ln, Erie, PA 16506
Erie, PA
$90,000$1,661/mo1.8%
3008 Garland St, Erie, PA 16506
Erie, PA
$186,000$2,194/mo1.2%
2903 Court Ave, Erie, PA 16506
Erie, PA
$195,000$2,114/mo1.1%