Erie, PA 16511 Real Estate & Property Data

Erie, PA 16511 Real Estate Market Trends
Last Updated: April 22, 2025

A total of 166 residential properties have been sold over the past 12 months in 16511. With a median sales price of $110,000 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 3,914
Total Commercial Properties 225
Avg. Home Age (Single Family Home) 75 Years
Avg. Square Feet (Single Family Home) 1,502
Total 2025 Residential Sales (year-to-date) 13
% of Homes Seriously Underwater (Q2 2025) 1.03%
Total 2024 Residential Sales 161
% of Equity Rich Homes (Q2 2025) 46.47%
Effective 2024 Property Tax 1.58%
Total Foreclosure Filings (year-to-date) N/A
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Erie, PA 16511 Real Estate Overview

There were 166 residential properties sold in the past year in Erie, PA 16511. The median home value in Erie, PA 16511 is $187,750. There are a total of 3,914 residential properties in the 16511.

Median Sales Price i
$110,000
(Feb 2025)
-19.7%
year-over-year
y-o-y
  • February '25 Feb '25 $110,000
  • January '25 Jan '25 $163,000
  • December '24 Dec '24 $188,500
  • November '24 Nov '24 $200,000
  • October '24 Oct '24 $215,500
  • September '24 Sep '24 $190,500
  • August '24 Aug '24 $168,000
  • July '24 Jul '24 $115,000
  • June '24 Jun '24 $174,725
  • May '24 May '24 $159,900
  • April '24 Apr '24 $141,750
  • March '24 Mar '24 $87,000
Median Down Payment i
$13,575
(Feb 2025)
+9.7%
year-over-year
y-o-y
  • February '25 Feb '25 $13,575
  • January '25 Jan '25 $45,000
  • December '24 Dec '24 $4,809
  • November '24 Nov '24 $6,505
  • October '24 Oct '24 $44,700
  • September '24 Sep '24 $44,000
  • August '24 Aug '24 $31,500
  • July '24 Jul '24 $7,950
  • June '24 Jun '24 $19,000
  • May '24 May '24 $18,354
  • April '24 Apr '24 $14,300
  • March '24 Mar '24 $21,250
Number of Homes Sold i
7
(Feb 2025)
-46.2%
year-over-year
y-o-y
  • February '25 Feb '25 7
  • January '25 Jan '25 6
  • December '24 Dec '24 17
  • November '24 Nov '24 10
  • October '24 Oct '24 15
  • September '24 Sep '24 17
  • August '24 Aug '24 18
  • July '24 Jul '24 12
  • June '24 Jun '24 13
  • May '24 May '24 20
  • April '24 Apr '24 11
  • March '24 Mar '24 7
Number of Purchase Loans i
6
(Feb 2025)
-45.5%
year-over-year
y-o-y
  • February '25 Feb '25 6
  • January '25 Jan '25 3
  • December '24 Dec '24 10
  • November '24 Nov '24 10
  • October '24 Oct '24 11
  • September '24 Sep '24 10
  • August '24 Aug '24 9
  • July '24 Jul '24 5
  • June '24 Jun '24 10
  • May '24 May '24 16
  • April '24 Apr '24 9
  • March '24 Mar '24 5
Number of REFI Loans i
6
(Feb 2025)
+500%
year-over-year
y-o-y
  • February '25 Feb '25 6
  • January '25 Jan '25 6
  • December '24 Dec '24 10
  • November '24 Nov '24 10
  • October '24 Oct '24 9
  • September '24 Sep '24 3
  • August '24 Aug '24 10
  • July '24 Jul '24 5
  • June '24 Jun '24 8
  • May '24 May '24 7
  • April '24 Apr '24 14
  • March '24 Mar '24 5
Number of HELOC Loans i
1
(Feb 2025)
-75%
year-over-year
y-o-y
  • February '25 Feb '25 1
  • January '25 Jan '25 4
  • December '24 Dec '24 3
  • November '24 Nov '24 5
  • October '24 Oct '24 3
  • September '24 Sep '24 6
  • August '24 Aug '24 2
  • July '24 Jul '24 2
  • June '24 Jun '24 4
  • May '24 May '24 3
  • April '24 Apr '24 4
  • March '24 Mar '24 1

Erie, PA 16511 Foreclosure Activity

Total Foreclosure Filings i
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 1
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 1
  • June '24 Jun '24 N/A
  • May '24 May '24 N/A
  • April '24 Apr '24 3
  • March '24 Mar '24 1
Completed Foreclosures (REOs) i
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 N/A
  • June '24 Jun '24 1
  • May '24 May '24 N/A
  • April '24 Apr '24 1
  • March '24 Mar '24 1
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