Market Intelligence · PA / Erie

Erie, PA 16504 Housing Market

The typical home value in Erie's 16504 ZIP code is $159,952, up 5.6% over the past year. The median list price is $172,475, and homes are taking a median of 24 days on the market as of 2026-06-01.

Updated June 2026Median value$160K

The median home value in Erie, PA 16504 is $160K as of June 2026, up 5.6% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 16504 range

$147K to $173K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+5.6% over 12 months

Typical home value in 16504 over the last 12 months: $151K in Jun 2025 to $160K in Jun 2026 (+5.6%).

Jun 2025$151K

Jun 2026$160K

The numbers

What is the 16504 housing market like?

Typical home value

$160K

Up5.6%YoY

Median list price

$172K

Days on market

24

Down29.4%MoM

Homes for sale

16

Price cuts

9.9%

New listings

20

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 16504 home prices compare?

  • 16504$159,952
  • Erie$193,526
  • Pennsylvania$242,059
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Erie: 10 ZIPs; Pennsylvania: 1,362 ZIPs; United States: 26,270 ZIPs).

Context

As of 2026-06-01, there are 16 homes for sale in 16504, with 20 new listings recorded. The typical home value stands at $159,952, up 5.6% over the past year, while the median list price is $172,475. Homes are moving at a median of 24 days on the market, and 9.9% of listings have had a price cut. For sellers, the numbers point to steady demand, but pricing carefully still matters.

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