16506
Erie, Pennsylvania.
Erie, Erie County, PA · Erie, PA metro · population 24,070
to buy the typical home at today's mortgage rate — +$884 (+135%) since Jan 2020.
- 1 year
- Up $11,794 +4%
- $281,013$292,806 since Sep 2025
- 5 years
- Up $80,490 +38%
- $212,317$292,806 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 16506$1,537
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 11 years.
Typical home values in zip 16506 rose 4.2% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Erie, PA — measured over the city limits, which is a different area from this zip.
Asking rent — 16506
Against the Erie, PA metro and the national benchmark.
- 16506$1,605
- Erie$1,126
- United States$1,932
Typical home value — 16506
Mid-tier homes, smoothed and seasonally adjusted.
- 16506$292,806
- Erie$222,048
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 3.7 | 16505 | Erie | 15,270 | $1,188 | $255,685 |
| 3.9 | 16508 | Erie | 14,958 | $1,089 | $169,061 |
| 4.2 | 16502 | Erie | 15,995 | $972 | $124,517 |
| 4.4 | 16415 | Fairview | 10,104 | $2,272 | $378,707 |
| 5.1 | 16501 | Erie | 2,022 | $795 | — |
| 5.7 | 16509 | Erie | 28,595 | $1,222 | $271,764 |
| 5.8 | 16426 | McKean | 3,273 | — | $308,259 |
| 6.0 | 16507 | Erie | 8,597 | $1,109 | $98,381 |
| 6.3 | 16504 | Erie | 15,931 | $1,206 | $154,085 |
| 6.5 | 16503 | Erie | 15,753 | $866 | $68,977 |
| 10.1 | 16423 | Lake City | 3,857 | — | $210,502 |
| 10.3 | 16417 | Girard | 8,599 | — | $227,568 |
| 10.7 | 16511 | Erie | 11,776 | — | $205,167 |
| 10.8 | 16510 | Erie | 24,198 | $1,448 | $207,479 |
| 11.5 | 16441 | Waterford | 9,134 | — | $310,079 |
| 12.6 | 16410 | Cranesville | 1,931 | — | $239,962 |
| 12.6 | 16412 | Edinboro | 9,612 | — | $295,825 |
| 13.4 | 16421 | Harborcreek | 2,289 | — | $256,245 |
| 14.2 | 16430 | North Springfield | 148 | — | $199,908 |
| 16.3 | 16411 | East Springfield | 1,325 | — | $200,736 |
| 16.9 | 16442 | Wattsburg | 3,050 | — | $266,648 |
| 18.0 | 16401 | Albion | 3,744 | — | $202,003 |
| 18.2 | 16428 | North East | 12,595 | — | $265,892 |
| 18.8 | 16443 | West Springfield | 1,196 | — | $219,523 |
| 19.2 | 16440 | Venango | 787 | — | $180,853 |
| 19.8 | 16438 | Union City | 7,421 | — | $164,406 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.