The housing median value in 16510 Erie, PA is $162,200. This is significantly lower than the US house median value of $338,100. In the past year, there has been an 8.27% appreciation in US house prices while in 16510 Erie, PA this figure was 4.92%. This suggests that the housing market in 16510 Erie, PA is less promising than other parts of the United States. However, it also indicates that house prices are more affordable and could be a great opportunity for potential home buyers in the area.
The median home cost in Erie (zip 16510) is $162,200. Home appreciation the last 10 years has been 55.4%. Home Appreciation in Erie (zip 16510) is up 15.2%.
Average Age of Homes
- The median age of Erie (zip 16510) real estate is 47 years old
The Rental Market in Erie (zip 16510)
- Renters make up 20.9% of the Erie (zip 16510) population
- 0.7% of houses and apartments in Erie (zip 16510), 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.