16504 Home Values & Market Trends

There are 260 homes currently listed for 16504. 16504 real estate market trends show that home prices range from $61,000 to $462,900, and the median sales price in the 16504 zip code is $162,825. The total number of properties sold within the past twelve months is 210. In 16504, 9 properties are in foreclosure, 1 are bank owned properties,and 6 are headed for auction.

16504 Real Estate Market Overview

CityMedian Est. Value
Erie

$ 213,018

$ 157/sqft

Housing Market Summary for 16504

Sep 2025September 2026Change
Median Listing Price$145K$150K3.45%
Median Sold Price$142.5K$144.2K1.16%
Homes For Sale17425848.28%
Homes Sold8152-35.80%
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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%.

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Browse Homes in 16504

The median list price of a home in Erie, is $162,825. A total of 260 properties are for sale, and the percentage of properties for sale in the zip code is 260.00%. The total count of 16504 properties is 329.

Foreclosure
There is 1 cities within 16504; within this cities, the median estimated home value for homes in foreclosure ranges from $490,884 in erie to the lowest value of $41,735 in erie. Foreclosure homes account for 2.00% of properties in 16504 with erie containing 51 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.61% of all residential properties in 16504 with erie containing 5 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 16504; of that cities, the estimated home value for pre-foreclosure homes ranges from $195,484 in erie to the lowest home value of $52,988 in erie.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 16504 ranges from the highest value of $170,644 in erie to the lowest value of $75,478 in erie. Bank owned homes and properties account for 0.30% of properties in 16504. There is 1 cities within 16504; erie containing 6 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    erie has 40 auction properties, the highest number of properties going to auction in a single city in the state of 16504. Auction homes and other auction properties account for 1.82% of all properties in 16504. There is 1 cities within 16504; of that cities, the median estimated home value for homes going to auction ranges from $490,884 in erie to the lowest value of $41,735 in erie.
Homes for Sale
Homes and properties that are actively listed for sale account for 79.03% of residential properties in 16504 with erie containing 2248 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 16504; homes for sale in that cities, have a range of median values from $2,037,673 in erie to the lowest value of $19,653 in erie.
    Sold Homes
    The median value for recently sold homes ranges from $953,525 in erie to the lowest price of $12,668 in erie. There is 1 cities within 16504. erie has 503 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 15.50% of properties in 16504.

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      Guide for 16504

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      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 […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.