Erie, PA 16511 Real Estate & Property Data

Erie, PA 16511 Real Estate Market Trends
Last Updated: April 27, 2024

A total of 158 residential properties have been sold over the past 12 months in 16511. With a median sales price of $137,000 in 16511. Discover market trends and get the granular level real estate data for Erie, PA 16511 to keep your pulse on the housing market. Curate compelling home reports for Erie, PA 16511 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Erie, PA 16511 Real Estate Market Trends
Total Residential Properties 3,916
Total Commercial Properties 223
Avg. Home Age (Single Family Home) 74 Years
Avg. Square Feet (Single Family Home) 1,502
Total 2024 Residential Sales (year-to-date) 21
% of Homes Seriously Underwater (Q2 2024) 0.82%
Total 2023 Residential Sales 142
% of Equity Rich Homes (Q2 2024) 42.12%
Effective 2023 Property Tax 1.33%
Total Foreclosure Filings (year-to-date) 1
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Erie, PA 16511 Real Estate Overview

There were 158 residential properties sold in the past year in Erie, PA 16511. The median home value in Erie, PA 16511 is $163,889. There are a total of 3,916 residential properties in the 16511.

Median Sales Price i
$137,000
(Feb 2024)
+42%
year-over-year
y-o-y
  • February '24 Feb '24 $137,000
  • January '24 Jan '24 $110,000
  • December '23 Dec '23 $130,000
  • November '23 Nov '23 $133,000
  • October '23 Oct '23 $190,000
  • September '23 Sep '23 $160,500
  • August '23 Aug '23 $145,000
  • July '23 Jul '23 $170,000
  • June '23 Jun '23 $210,000
  • May '23 May '23 $212,000
  • April '23 Apr '23 $160,000
  • March '23 Mar '23 $169,025
Median Down Payment i
$12,375
(Feb 2024)
+23.8%
year-over-year
y-o-y
  • February '24 Feb '24 $12,375
  • January '24 Jan '24 $56,000
  • December '23 Dec '23 $22,375
  • November '23 Nov '23 $4,981
  • October '23 Oct '23 $25,000
  • September '23 Sep '23 $25,500
  • August '23 Aug '23 $27,000
  • July '23 Jul '23 $26,000
  • June '23 Jun '23 $55,000
  • May '23 May '23 $18,287
  • April '23 Apr '23 $21,000
  • March '23 Mar '23 $5,995
Number of Homes Sold i
13
(Feb 2024)
+44.4%
year-over-year
y-o-y
  • February '24 Feb '24 13
  • January '24 Jan '24 8
  • December '23 Dec '23 7
  • November '23 Nov '23 13
  • October '23 Oct '23 9
  • September '23 Sep '23 22
  • August '23 Aug '23 20
  • July '23 Jul '23 20
  • June '23 Jun '23 8
  • May '23 May '23 11
  • April '23 Apr '23 12
  • March '23 Mar '23 6
Number of Purchase Loans i
11
(Feb 2024)
+83.3%
year-over-year
y-o-y
  • February '24 Feb '24 11
  • January '24 Jan '24 5
  • December '23 Dec '23 3
  • November '23 Nov '23 12
  • October '23 Oct '23 5
  • September '23 Sep '23 14
  • August '23 Aug '23 15
  • July '23 Jul '23 7
  • June '23 Jun '23 5
  • May '23 May '23 7
  • April '23 Apr '23 11
  • March '23 Mar '23 5
Number of REFI Loans i
1
(Feb 2024)
-90%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 6
  • December '23 Dec '23 6
  • November '23 Nov '23 2
  • October '23 Oct '23 4
  • September '23 Sep '23 9
  • August '23 Aug '23 7
  • July '23 Jul '23 7
  • June '23 Jun '23 7
  • May '23 May '23 8
  • April '23 Apr '23 6
  • March '23 Mar '23 8
Number of HELOC Loans i
4
(Feb 2024)
+33.3%
year-over-year
y-o-y
  • February '24 Feb '24 4
  • January '24 Jan '24 N/A
  • December '23 Dec '23 3
  • November '23 Nov '23 5
  • October '23 Oct '23 2
  • September '23 Sep '23 6
  • August '23 Aug '23 3
  • July '23 Jul '23 5
  • June '23 Jun '23 3
  • May '23 May '23 4
  • April '23 Apr '23 4
  • March '23 Mar '23 2

Erie, PA 16511 Foreclosure Activity

Total Foreclosure Filings i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 1
  • December '23 Dec '23 2
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 2
  • 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 1
  • March '23 Mar '23 1
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 1
  • 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
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