Erie, PA 16509 Real Estate & Property Data

Erie, PA 16509 Real Estate Market Trends
Last Updated: April 27, 2024

A total of 341 residential properties have been sold over the past 12 months in 16509. With a median sales price of $200,000 in 16509 and a total of 2 foreclosures in Erie, PA 16509. Discover market trends and get the granular level real estate data for Erie, PA 16509 to keep your pulse on the housing market. Curate compelling home reports for Erie, PA 16509 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Erie, PA 16509 Real Estate Market Trends
Total Residential Properties 9,466
Total Commercial Properties 714
Avg. Home Age (Single Family Home) 57 Years
Avg. Square Feet (Single Family Home) 1,734
Total 2024 Residential Sales (year-to-date) 36
% of Homes Seriously Underwater (Q2 2024) 0.58%
Total 2023 Residential Sales 321
% of Equity Rich Homes (Q2 2024) 47.45%
Effective 2023 Property Tax 1.41%
Total Foreclosure Filings (year-to-date) 2
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Erie, PA 16509 Real Estate Overview

There were 341 residential properties sold in the past year in Erie, PA 16509. The median home value in Erie, PA 16509 is $234,246. There are a total of 9,466 residential properties in the 16509.

Median Sales Price i
$200,000
(Feb 2024)
+8.7%
year-over-year
y-o-y
  • February '24 Feb '24 $200,000
  • January '24 Jan '24 $200,000
  • December '23 Dec '23 $247,000
  • November '23 Nov '23 $234,950
  • October '23 Oct '23 $235,000
  • September '23 Sep '23 $235,000
  • August '23 Aug '23 $200,000
  • July '23 Jul '23 $217,500
  • June '23 Jun '23 $227,500
  • May '23 May '23 $241,000
  • April '23 Apr '23 $182,500
  • March '23 Mar '23 $182,500
Median Down Payment i
$37,200
(Feb 2024)
+313.6%
year-over-year
y-o-y
  • February '24 Feb '24 $37,200
  • January '24 Jan '24 $37,000
  • December '23 Dec '23 $78,400
  • November '23 Nov '23 $25,000
  • October '23 Oct '23 $18,519
  • September '23 Sep '23 $26,500
  • August '23 Aug '23 $27,450
  • July '23 Jul '23 $20,150
  • June '23 Jun '23 $33,650
  • May '23 May '23 $36,400
  • April '23 Apr '23 $15,620
  • March '23 Mar '23 $14,256
Number of Homes Sold i
18
(Feb 2024)
+12.5%
year-over-year
y-o-y
  • February '24 Feb '24 18
  • January '24 Jan '24 18
  • December '23 Dec '23 25
  • November '23 Nov '23 32
  • October '23 Oct '23 27
  • September '23 Sep '23 33
  • August '23 Aug '23 38
  • July '23 Jul '23 29
  • June '23 Jun '23 39
  • May '23 May '23 26
  • April '23 Apr '23 18
  • March '23 Mar '23 22
Number of Purchase Loans i
11
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 11
  • January '24 Jan '24 8
  • December '23 Dec '23 20
  • November '23 Nov '23 18
  • October '23 Oct '23 19
  • September '23 Sep '23 22
  • August '23 Aug '23 20
  • July '23 Jul '23 19
  • June '23 Jun '23 29
  • May '23 May '23 25
  • April '23 Apr '23 11
  • March '23 Mar '23 13
Number of REFI Loans i
10
(Feb 2024)
+42.9%
year-over-year
y-o-y
  • February '24 Feb '24 10
  • January '24 Jan '24 14
  • December '23 Dec '23 15
  • November '23 Nov '23 16
  • October '23 Oct '23 18
  • September '23 Sep '23 16
  • August '23 Aug '23 12
  • July '23 Jul '23 19
  • June '23 Jun '23 24
  • May '23 May '23 13
  • April '23 Apr '23 8
  • March '23 Mar '23 20
Number of HELOC Loans i
11
(Feb 2024)
+37.5%
year-over-year
y-o-y
  • February '24 Feb '24 11
  • January '24 Jan '24 8
  • December '23 Dec '23 6
  • November '23 Nov '23 18
  • October '23 Oct '23 11
  • September '23 Sep '23 12
  • August '23 Aug '23 9
  • July '23 Jul '23 13
  • June '23 Jun '23 10
  • May '23 May '23 8
  • April '23 Apr '23 17
  • March '23 Mar '23 19

Erie, PA 16509 Foreclosure Activity

There were a total of 2 Erie, PA 16509 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
2
(Feb 2024)
  • February '24 Feb '24 2
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 4
  • September '23 Sep '23 N/A
  • August '23 Aug '23 1
  • July '23 Jul '23 1
  • June '23 Jun '23 1
  • May '23 May '23 1
  • 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 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 2
  • May '23 May '23 2
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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