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market report · 16508
Erie, PA · 16508
23 active listings$199,000 median ask$1,993 est. rent1% price/rent
$199,000
Median list price
$1,993/mo
Estimated rent
1%
Price / rent ratio
23
Listings
FHFA home price index · 2016–2025
82.9% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.21
Median rent / sqft
23 comps
$130.45
Median sold / sqft
24 comps
—
Walkability
4.0%
Area unemployment
BLS LAUS
Median household income $56,391 · median home value $132,500 · ACS 2024.
Natural-hazard risk Relatively Low (FEMA NRI score 49).
13 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
2676 Maple St, Erie, PA 16508
Erie, PA
$109,900$1,948/mo1.8%
708 W 26th St, Erie, PA 16508
Erie, PA
$119,900$2,092/mo1.7%
2915 Poplar St, Erie, PA 16508
Erie, PA
$120,000$1,931/mo1.6%
1163 W 27th St, Erie, PA 16508
Erie, PA
$199,000$2,904/mo1.5%
2940 Cochran St, Erie, PA 16508
Erie, PA
$158,900$2,047/mo1.3%
1957 W 33rd St, Erie, PA 16508
Erie, PA
$165,000$1,906/mo1.2%