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Area data

Erie, PA — ZIP 16509

Population: 28,595 (Census ACS)

Home values & appreciation

Median home value
$275,773
1-year appreciation
+6.1%
3-year appreciation
+20.2%
5-year appreciation
+42.6%
10-year appreciation
+78.2%
All-time peak (2026-07)
$275,773
House Price Index
370.8 (+4.0% YoY)

Market activity

Median sale price
$260,500
Median list price
$268,500
Median days on market
16.5 days
Sale-to-list ratio
98.3%
Active listings
29
1-year forecast
+3.0%
Days to pending
16 days
New listings (monthly)
39

Rents

Typical rent
$1,223/mo
1BR fair-market rent
$1,083/mo
3BR fair-market rent
$1,740/mo

Affordability

Cost of living index (Average)
97.5 (100 = US avg)
Electricity rate (state-level)
19.3¢/kWh
Natural gas rate (state-level)
$15.00/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
8
Elementary schools
4
Middle schools
2
High schools
2

Natural hazards & flood risk

Overall hazard risk
Relatively Moderate
Top hazards
lightning, strongWind, winterWeather, iceStorm, inlandFlooding
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
51.0°F
Average high
59.0°F
Average low
43.0°F
Annual precipitation
45.0 in
Annual snowfall
101.6 in

Air quality

Air quality rating
Good
Median AQI (annual)
42
Days with Good air quality
240
Days with Unhealthy air quality
3

Walkability & transit

Walkability index
8.5 / 20
Transit service frequency
853

Amenities

Nearest airport
Thermal G. Ranch Gliderport (3 mi)
Nearest major airport
Erie International Tom Ridge Field (ERI) (7 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
2.0 / 5
Solar radiation rating
Fair (3.6 kWh/m²/day)

Migration

Net migration
-512 tax filers

Housing stock

Median year housing built
1,975
Median annual property tax
$3,197
Mean commute to work
15 min
Households with broadband internet
77.0%

Employment & development

Total county employment
103,916
Average weekly wage
$964
Top industries (by employment)
Health Care, Accommodation & Food, Finance & Insurance
Annual residential building permits (county)
139

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents