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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 EstateStatistics & 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
For Sale
$2,411,640
3
bd
2
ba
1,598
sqft
5881 Urbana Place
Lubbock, TX 79407
Listing Courtesy of: Jennifer McCormick - West Texas Roots Realty 432-955-4897
For Sale
$180,000
4
bd
2
ba
1,776
sqft
5533 34th Street
Lubbock, TX 79407
Listing Courtesy of: Houston Garrett - Keller Williams Realty 806-771-7710
For Sale
$625,000
9
bd
6
ba
4,653
sqft
5861, 5863, 5865 Virginia Avenue
Lubbock, TX 79407
Listing Courtesy of: Liz Karr - Aycock Realty Group, LLC 806-778-5956
For Sale
$354,000
6
bd
4
ba
3,086
sqft
2407 Quitman Avenue
Lubbock, TX 79407
Listing Courtesy of: Houston Garrett - Keller Williams Realty 806-771-7710
For Sale
$870,000
15
bd
12
ba
11,062
sqft
6306 Package Property Place Unit 6308
Lubbock, TX 79407
Listing Courtesy of: Dan Williams - Williams & Company Real Estate 806-860-6945
For Sale
$7,500,000
7120 Package Property Street
Lubbock, TX 79407
Listing Courtesy of: Chuck Dannheim - Dannheim Realty 806-787-9034
Information provided herein originates from the Lubbock Association of Realtors®, Inc., Multiple Listing Service, and is compiled from miscellaneous sources. Neither the Lubbock Association of Realtors®, Inc., nor the listing broker, nor its agents, or subagents, are responsible for the accuracy of the information. Under no circumstances should the Multiple Listing Service information contained herein be relied upon by any person in making a decision to purchase any of the described properties. MLS users should verify all information by their own independent investigation and, in particular, verify, if important to them, room sizes, the square footage, lot size, property boundaries, age of structures, school district, flood insurance, zoning, restrictions and easements, fixtures or personal property excluded, and availability of water and sewer prior to submitting an offer to purchase the property. Information is deemed reliable, but not guaranteed. Square footage may be from the Lubbock Central Appraisal district and is not guaranteed. Copyright 2025 Lubbock Association of Realtors®, Inc., Multiple Listing Service. 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 |
