The story of this market
The typical home in ZIP 16511 sells for about $214,395, or $160 per square foot.
Prices are up +6.9% from a year ago, so sellers still have some momentum. Homes take about 7 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $904 a month.
ZIP 16511 — Erie
The Erie housing market shows steady price appreciation and tight inventory, with homes selling rapidly in the broader county. Market conditions remain competitive, though specific ZIP-level metrics for 16511 are limited, necessitating reliance on county-wide data for broader trends.
Median prices moved up 6.9% year over year.
Homes spend a median of 7 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.6% · poverty 14.1% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 16511, Erie County PA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
not determinable
- Splash Lagoon4.39.3 mi
- Waldameer & Water World4.69.3 mi
- Elevate Trampoline Park4.44.6 mi
- Round1 Bowling & Arcade - Erie4.28.8 mi
- Play Port Arcade & Family Fun Center4.69 mi
- Erie Insurance Arena4.65.3 mi
- Golden Corral Buffet & Grill4.29.3 mi
- Bayfront Convention Center4.55.6 mi
- Port Farms4.718.9 mi
- Lake Erie Speedway4.58.5 mi
- Presque Isle State Park4.86.3 mi
- Splash Lagoon4.39.3 mi
- Erie Zoo4.46.5 mi
- Presque Isle Beach4.85 mi
- Presque Isle Lighthouse4.76.3 mi
- Presque Isle State Park4.86.3 mi
- Asbury Woods4.811.8 mi
- Presque Isle: Beach 114.64.5 mi
- Frontier Park4.87.3 mi
- Presque Isle: Beach #14.88.9 mi
- Erie Yacht Club4.67.8 mi
- North East Marina4.512 mi
- Sun Life Marinas - Bay Harbor4.66.3 mi
- Sun Life Marinas - Perry's Landing4.66.3 mi
- Lake Erie4.669.4 mi
- Mound Grove Golf Course4.611 mi
- Whispering Woods Golf Club4.512.2 mi
- Scenic Heights Golf Course4.47.7 mi
- The Ridge Golf Club4.211.6 mi
- Five Iron Golf4.85.5 mi
- Millcreek Mall Complex4.38.7 mi
- T.J. Maxx4.49 mi
- Kohl's4.38.9 mi
- Ross Dress for Less4.28.9 mi
- Burlington4.18.9 mi
- Erie International Airport4.210.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.