The housing market in Erie, PA County is stable and has a median value of $171,200. This figure is significantly lower than the US median house value of $338,100, however it has seen similar appreciation over the past year of 8.00%. The overall outlook for the housing market in Erie county appears to be positive, with potential for further appreciation in the near future.
The median home cost in Erie County is $171,200. Home appreciation the last 10 years has been 55.4%. Home Appreciation in Erie County is up 14.6%.
Average Age of Homes
- The median age of Erie County real estate is 56 years old
The Rental Market in Erie County
- Renters make up 30.7% of the Erie County population
- 2.5% of houses and apartments in Erie County, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.