16503 Home Values & Market Trends
There are 10 homes currently listed for 16503. 16503 real estate market trends show that home prices range from $37,000 to $149,900, and the median sales price in the 16503 zip code is $44,877.77. The total number of properties sold within the past twelve months is 184. In 16503, 9 properties are in foreclosure, 3 are bank owned properties,and 5 are headed for auction.
16503 Real Estate Market Overview
City | Median Est. Value |
---|---|
Erie | $ 167,683 $ 129/sqft |
Housing Market Summary for 16503
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $52,450 | $46,743 | -10.88% |
Median Sold Price | $45,801 | $46,743 | 2.06% |
Homes For Sale | 18 | 12 | -33.33% |
Homes Sold | 113 | 91 | -19.47% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 16503
Browse Homes in 16503
The median list price of a home in Erie, is $44,877.77. A total of 10 properties are for sale, and the percentage of properties for sale in the zip code is 10.00%. The total count of 16503 properties is 3,853.
- Pre-ForeclosurePre-foreclosure homes account for 0.03% of all residential properties in 16503 with erie containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 16503; of that cities, the estimated home value for pre-foreclosure homes ranges from $78,413 in erie to the lowest home value of $38,119 in erie.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 16503 ranges from the highest value of $177,548 in erie to the lowest value of $39,221 in erie. Bank owned homes and properties account for 0.08% of properties in 16503. There is 1 cities within 16503; erie containing 11 REO properties, has the highest number of bank owned properties in a single city.
- Auctionserie has 55 auction properties, the highest number of properties going to auction in a single city in the state of 16503. Auction homes and other auction properties account for 0.13% of all properties in 16503. There is 1 cities within 16503; of that cities, the median estimated home value for homes going to auction ranges from $503,553 in erie to the lowest value of $30,906 in erie.
Compare Nearby Zip Codes
More Real Estate Resources for 16503
Guide for 16503
Philadelphia saw fluctuations in property values, price per square foot, and number of homes sold for the last 12 months.
Explore Philadelphia’s evolving property market in our latest blog post, where we analyze the notable trends in property values, cost per square foot, and the complexity of average sold prices within the city’s vibrant real estate landscape.
Pennsylvania Foreclosure Laws
Information on foreclosure financing, refinancing, and foreclosure mortgages.