Erie, PA 16505 Real Estate & Property Data
Last Updated: April 28, 2024
A total of 246 residential properties have been sold over the past 12 months in 16505. With a median sales price of $249,000 in 16505. Discover market trends and get the granular level real estate data for Erie, PA 16505 to keep your pulse on the housing market. Curate compelling home reports for Erie, PA 16505 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.
Total Residential Properties 6,685
Total Commercial Properties 647
Avg. Home Age (Single Family Home) 71 Years
Avg. Square Feet (Single Family Home) 1,705
Total 2024 Residential Sales (year-to-date) 31
% of Homes Seriously Underwater (Q2 2024) 0.6%
Total 2023 Residential Sales 227
% of Equity Rich Homes (Q2 2024) 46.84%
Effective 2023 Property Tax 1.43%
Total Foreclosure Filings (year-to-date) N/A
Erie, PA 16505 Real Estate Overview
There were 246 residential properties sold in the past year in Erie, PA 16505. The median home value in Erie, PA 16505 is $212,000. There are a total of 6,685 residential properties in the 16505.
Median Sales Price i
$249,000
(Feb 2024)
-12.6%
year-over-year
y-o-y
- February '24 Feb '24 $249,000
- January '24 Jan '24 $173,000
- December '23 Dec '23 $292,500
- November '23 Nov '23 $240,500
- October '23 Oct '23 $179,500
- September '23 Sep '23 $197,000
- August '23 Aug '23 $195,000
- July '23 Jul '23 $190,000
- June '23 Jun '23 $216,000
- May '23 May '23 $197,000
- April '23 Apr '23 $250,000
- March '23 Mar '23 $150,000
Median Down Payment i
$26,450
(Feb 2024)
-36.9%
year-over-year
y-o-y
- February '24 Feb '24 $26,450
- January '24 Jan '24 $16,000
- December '23 Dec '23 $43,500
- November '23 Nov '23 $41,400
- October '23 Oct '23 $26,925
- September '23 Sep '23 $21,982
- August '23 Aug '23 $13,025
- July '23 Jul '23 $45,000
- June '23 Jun '23 $32,575
- May '23 May '23 $13,150
- April '23 Apr '23 $34,700
- March '23 Mar '23 $19,127
Number of Homes Sold i
17
(Feb 2024)
+88.9%
year-over-year
y-o-y
Number of Purchase Loans i
14
(Feb 2024)
+180%
year-over-year
y-o-y
Number of REFI Loans i
7
(Feb 2024)
+40%
year-over-year
y-o-y
Number of HELOC Loans i
5
(Feb 2024)
+150%
year-over-year
y-o-y
Erie, PA 16505 Real Estate Market Overview
Last 30 days- Street
- Street
- Street
Erie, PA 16505 Foreclosure Activity
Total Foreclosure Filings i
Completed Foreclosures (REOs) i
- February '24 Feb '24 N/A
- January '24 Jan '24 N/A
- December '23 Dec '23 N/A
- 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 1
- May '23 May '23 N/A
- April '23 Apr '23 N/A
- March '23 Mar '23 N/A
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