Market Intelligence · PA / Erie

Erie, PA 16511 Housing Market

The typical home value in Erie's 16511 ZIP code is $212,757, up 6.7% over the past year. The median list price sits at $192,449, and homes are moving at a median of 16 days on market.

Updated June 2026Median value$213K

The median home value in Erie, PA 16511 is $213K as of June 2026, up 6.7% 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 16511 range

$196K to $230K

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

+6.7% over 12 months

Typical home value in 16511 over the last 12 months: $199K in Jun 2025 to $213K in Jun 2026 (+6.7%).

Jun 2025$199K

Jun 2026$213K

The numbers

What is the 16511 housing market like?

Typical home value

$213K

Up6.7%YoY

Median list price

$192K

Days on market

16

Up300.0%MoM

Homes for sale

9

Price cuts

3.1%

New listings

14

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

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The comparison

How do 16511 home prices compare?

  • 16511$212,757
  • 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 June 1, 2026, there are 9 homes for sale in 16511, with 14 new listings added recently. The median list price is $192,449, while the typical home value is $212,757, up 6.7% over the past year. Homes are selling at a median of 16 days on market, and just 3.1% of listings have taken a price cut. For sellers, the short time on market and low share of price cuts point to steady demand right now.

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