80516 Home Values & Market Trends
There are 1,162 homes currently listed for 80516. 80516 real estate market trends show that home prices range from $225,000 to $6,000,000, and the median sales price in the 80516 zip code is $725,000. The total number of properties sold within the past twelve months is 983. In 80516, 14 properties are in foreclosure, 1 are bank owned properties,and 13 are headed for auction.
80516 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Erie | $ 736,741 $ 287/sqft |
Housing Market Summary for 80516
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $750K | $725K | -3.33% |
| Median Sold Price | $734.4K | $716.7K | -2.42% |
| Homes For Sale | 593 | 1,153 | 94.44% |
| Homes Sold | 323 | 266 | -17.65% |
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 80516
Browse Homes in 80516
The median list price of a home in Erie, is $725,000. A total of 1,162 properties are for sale, and the percentage of properties for sale in the zip code is 1162.00%. The total count of 80516 properties is 1,446.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 80516 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 80516; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 80516 ranges from the highest value of $370,000 in erie to the lowest value of $370,000 in erie. Bank owned homes and properties account for 0.07% of properties in 80516. There is 1 cities within 80516; erie containing 1 REO properties, has the highest number of bank owned properties in a single city.
- Auctionserie has 13 auction properties, the highest number of properties going to auction in a single city in the state of 80516. Auction homes and other auction properties account for 0.90% of all properties in 80516. There is 1 cities within 80516; of that cities, the median estimated home value for homes going to auction ranges from $1,163,220 in erie to the lowest value of $599,000 in erie.
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More Real Estate Resources for 80516
Guide for 80516
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
