16411 Housing Market Report January 2025Erie County, Pennsylvania

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Housing Prices in 16411, PA

How much do homes in 16411, PA cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$148,950$77/SqFt
-$50,950
-25.5%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 16411 has decreased by 25.5% since last year.

Summary: The median home list price in 16411 was $148,950 in January 2025, down 25.5% from the previous year, and the median price per square foot was $77.

Median List Price By City

Median List Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
16423
+12.8%
16417
+12.5%
16443
-23.2%
16411
-25.5%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1--
N/A
2$39.9K$83.9K
+110.4%
3$224.9K-
N/A
4-$169.9K
N/A
5-$189.9K
N/A

Summary: 16411 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +110.4%. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

Housing supply in 16411, PA

How many homes are available in 16411, PA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
1Last MonthJan 2025
02 months agoDec 2024
+100.0 %
Change MoMDec – Jan

Summary: The 16411 real estate market had 1 homes for sale in Jan 2025, a 100.0 % increase compared to Dec 2024.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
100
0.0%
200
0.0%
300
0.0%
400
0.0%
501
+100.0%

Summary: 16411 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +100.0%.

Days on Market for 16411, PA

How long does it take to sell a home in 16411, PA?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
3 DaysThis YearJan 2025
140 Days1 year agoJan 2024
-97.9 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in 16411 had an average listing age of 3 days in Jan 2025, down by 97.9% compared to the previous year.

Newest Listings in 16411, PA

What homes are available in 16411, PA?

Nearby markets

Nearby markets aren't available for 16411, PA

MLS Disclaimers and Copyright

Based on information from Erie MLS, for the period 02/01/2023 - 02/01/2025

Copyright © 2025 Greater Erie Board of REALTORS®, Inc. Information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/9/2025, 3:15:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.