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Erie, PA 16507 Multi-family Properties For Sale

The median home value in Erie, PA 16507 is $67,700. This is lower than the county median home value of $171,200. The national median home value is $338,100. The average price of homes sold in Erie, PA 16507 is $67,700. Approximately 26.88% of Erie, PA 16507 homes are owned, compared to 58.51% rented, while 14.62% are vacant. Erie, PA 16507 real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Erie, PA 16507 real estate agent to arrange a tour today!

Learn More About Erie, PA 16507 Real Estate

Statistics & facts

9,558 Population
$67,700 Medium Home Value
3,609 # of Households
14.62% Housing Vacancy
29.79% Future Job Growth
3.50% Unemployment Rate

Andrea Conner, License PB00084208, Xome Inc., License PB00084208, AndreaD.Conner@xome.com, 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing the data believes the data to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Copyright 2025 Northeast Arkansas Board of Realtors. All rights reserved.


Population

Erie, PA 16507 has a population of approximately 9,558 and experiences a population change rate of -6.51%. The population density is 4,449.7 / sq mi.

Household

The median household income for Erie, PA 16507 is $33,401, with 3,609 households and an average household size of 2.2.

Cost of Living

The cost of living index in Erie, PA 16507 is 76.2%.

Home Value

The median value of a home in Erie, PA 16507 is $67,700 with an appreciation rate of 15.2%. 26.9% of housing in the zip code is owned while 58.5% is rented.

Employment

The unemployment rate in Erie, PA 16507 is 3.50%, and recent job growth is at 0.08%. Future job growth is projected at 29.79%.

Taxes

The sales tax rate in Erie, PA 16507 is 6.00%, while the income tax rate is 3.07%.

Education

School expenditures in Erie, PA 16507 are $17,637, and the school ratio is 13.2:1.

Weather

The average high temperature in July is 80.6 degrees, with an average low temperature in January of 19.6 degrees. The average rainfall is approximately 44 inches per year, with 100.4 inches of snow per year.

Education near Erie PA, 16507

Metric City County
High School Graduates 86.92 91.66
College Degree - 2 year 8.83 10.06
College Degree - 4 year 22.19 28.81
Graduate Degree 5.3 7.88
Expenditures per Student $17,637 $17,637
Students per Teacher 13.20 13.20

Elementary Schools near Erie PA , 16507

School Grades Students P/T Ratio ZIP
Emerson-Gridley Elementary School PK - 06 620 18 16502
Erie Rise Leadership Academy Charter School KG - 08 308 16.2 16502
Grover Cleveland El School KG - 05 606 15.2 16508
McKinley Elementary School PK - 05 581 15.6 16503
Perry Elementary School PK - 05 502 15 16508
Pfeiffer-Burleigh School KG - 08 781 15.6 16503
Wayne School PK - 08 629 14.6 16503

Middle Schools near Erie PA , 16507

School Grades Students P/T Ratio ZIP
Roosevelt Middle School 06 - 08 633 12.4 16508

High Schools near Erie PA , 16507

School Grades Students P/T Ratio ZIP
Central Career & Technical School 09 - 12 975 12.6 16508
East HS 09 - 12 991 16.7 16503
Northwest PA Collegiate Academy 09 - 12 789 17 16508
Strong Vincent High School 09 - 12 685 14.1 16502

Ungraded Schools near Erie PA , 16507

School Grades Students P/T Ratio ZIP
Perseus House CS of Excellence 06 - 12 593 17.2 16501
Robert Benjamin Wiley Community CS PK - 12 395 14.6 16507

Top 7 Zip Codes for real estate in Erie

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