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ERIEBIZTODAY COVERAGE

Real Estate

Housing, property, Downtown, Bayfront and commercial development across the Erie region.

ERIE REGION HOUSING

Local market snapshot

Q2 2026 · April–June · Greater Erie Board of REALTORS® MLS service area

Read the quarterly report

Single-family homes and condominiums combined

Median sale price

$220,000

+7.3% year over year

Homes for sale

475

Average active listings · −1.2% year over year

Median days on market

17

+41.7% year over year

Months of supply

2.0

At the reported sales pace

Closed sales totaled 763, up 6.4% from a year earlier. These figures describe the board’s MLS service area; individual Erie neighborhoods and nearby counties can differ.

Dated quarterly report · Data recorded July 13, 2026 · Report reviewed October 7, 2026. Active listings are the quarter’s average, rather than today’s available homes.

Greater Erie Board of REALTORS® public market reports
FINANCING WATCH

Mortgage rates

National purchase benchmarks · Bankrate · October 7, 2026

Compare Pennsylvania mortgage offers

30-year fixed

7.52%Interest rate

7.58% APR

15-year fixed

6.80%Interest rate

6.91% APR

Pennsylvania benchmarks30-year fixed: 7.42% · 15-year fixed: 6.79%Interest rates · October 7, 2026 · Your Erie lender’s offer may differ.

PAYMENT ESTIMATE

Mortgage calculator

Adjust the figures to estimate monthly principal and interest.

Estimated monthly principal & interest$1,221

Estimated loan amount: $176,000

Example starts at the quarterly median sale price and Pennsylvania rate. Uses interest rate, not APR. Excludes property taxes, insurance, mortgage insurance, HOA fees and closing costs. Entries stay in your browser. This is not a loan offer.

National rates and APRs are purchase-loan averages. APR includes certain borrowing costs. Pennsylvania benchmarks are published separately; your rate depends on the lender, credit, down payment and loan terms.

Source reviewed October 7, 2026. Checking for a newer rate report… Rates are checked when this page opens, then hourly while it remains open.

EXPLORE MORE

Real estate resources

Homes.com · ErieBrowse homes and local property listings in Erie, Pennsylvania.Realtor.com NewsHousing news, market coverage and information for homeowners.Greater Erie market reportsPublic quarterly housing statistics from the local Realtor board.

External resources open in a new tab. Listings and offers are maintained by their providers.

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