Erie, PA 16502 Real Estate & Property Data

Erie, PA 16502 Real Estate Market Trends
Last Updated: April 27, 2024

A total of 221 residential properties have been sold over the past 12 months in 16502. With a median sales price of $66,000 in 16502 and a total of 1 foreclosures in Erie, PA 16502. Discover market trends and get the granular level real estate data for Erie, PA 16502 to keep your pulse on the housing market. Curate compelling home reports for Erie, PA 16502 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Erie, PA 16502 Real Estate Market Trends
Total Residential Properties 4,130
Total Commercial Properties 740
Avg. Home Age (Single Family Home) 96 Years
Avg. Square Feet (Single Family Home) 1,489
Total 2024 Residential Sales (year-to-date) 19
% of Homes Seriously Underwater (Q2 2024) 1.55%
Total 2023 Residential Sales 214
% of Equity Rich Homes (Q2 2024) 40.25%
Effective 2023 Property Tax 2.02%
Total Foreclosure Filings (year-to-date) 2
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Erie, PA 16502 Real Estate Overview

There were 221 residential properties sold in the past year in Erie, PA 16502. The median home value in Erie, PA 16502 is $96,251. There are a total of 4,130 residential properties in the 16502.

Median Sales Price i
$66,000
(Feb 2024)
-37.1%
year-over-year
y-o-y
  • February '24 Feb '24 $66,000
  • January '24 Jan '24 $122,500
  • December '23 Dec '23 $83,000
  • November '23 Nov '23 $112,450
  • October '23 Oct '23 $85,000
  • September '23 Sep '23 $99,800
  • August '23 Aug '23 $109,000
  • July '23 Jul '23 $104,000
  • June '23 Jun '23 $107,142
  • May '23 May '23 $107,400
  • April '23 Apr '23 $89,500
  • March '23 Mar '23 $69,900
Median Down Payment i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 $2,850
  • December '23 Dec '23 $12,555
  • November '23 Nov '23 $4,175
  • October '23 Oct '23 $1,540
  • September '23 Sep '23 $4,098
  • August '23 Aug '23 $4,330
  • July '23 Jul '23 $15,800
  • June '23 Jun '23 $13,048
  • May '23 May '23 $3,116
  • April '23 Apr '23 $7,500
  • March '23 Mar '23 $4,760
Number of Homes Sold i
10
(Feb 2024)
-37.5%
year-over-year
y-o-y
  • February '24 Feb '24 10
  • January '24 Jan '24 9
  • December '23 Dec '23 17
  • November '23 Nov '23 21
  • October '23 Oct '23 19
  • September '23 Sep '23 25
  • August '23 Aug '23 16
  • July '23 Jul '23 16
  • June '23 Jun '23 20
  • May '23 May '23 20
  • April '23 Apr '23 12
  • March '23 Mar '23 20
Number of Purchase Loans i
3
(Feb 2024)
-40%
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 4
  • December '23 Dec '23 6
  • November '23 Nov '23 10
  • October '23 Oct '23 1
  • September '23 Sep '23 10
  • August '23 Aug '23 8
  • July '23 Jul '23 7
  • June '23 Jun '23 9
  • May '23 May '23 5
  • April '23 Apr '23 6
  • March '23 Mar '23 9
Number of REFI Loans i
4
(Feb 2024)
-33.3%
year-over-year
y-o-y
  • February '24 Feb '24 4
  • January '24 Jan '24 1
  • December '23 Dec '23 4
  • November '23 Nov '23 5
  • October '23 Oct '23 5
  • September '23 Sep '23 5
  • August '23 Aug '23 5
  • July '23 Jul '23 8
  • June '23 Jun '23 5
  • May '23 May '23 3
  • April '23 Apr '23 1
  • March '23 Mar '23 3
Number of HELOC Loans i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 2
  • December '23 Dec '23 1
  • November '23 Nov '23 2
  • October '23 Oct '23 1
  • September '23 Sep '23 1
  • August '23 Aug '23 2
  • July '23 Jul '23 2
  • June '23 Jun '23 7
  • May '23 May '23 N/A
  • April '23 Apr '23 2
  • March '23 Mar '23 N/A

Erie, PA 16502 Foreclosure Activity

There were a total of 1 Erie, PA 16502 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
1
(Feb 2024)
-50%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 1
  • December '23 Dec '23 1
  • November '23 Nov '23 1
  • October '23 Oct '23 2
  • September '23 Sep '23 1
  • August '23 Aug '23 1
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 1
  • March '23 Mar '23 1
Foreclosure Starts i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 1
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
Completed Foreclosures (REOs) i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 1
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 1
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 1
  • April '23 Apr '23 1
  • March '23 Mar '23 N/A
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