What the Pros Know
Market Snapshot
Zip Code 16503 | Erie County, PA
16,065
Population
YoY
202231
Median Age
YoY
2022$29,240
Median Household Income
YoY
2022$66,850
Median Sale Price
14.8% MoM
7.7% YoY
6/202514
Homes Sold
16.7% MoM
12.5% YoY
6/20250.4
Months Inventory
53.2% MoM
46.4% YoY
6/202517
Days on Market
8 MoM
3 YoY
6/20256
Listings
45.5% MoM
40.0% YoY
6/202545
Price per Sq Ft
14.2% MoM
12.2% YoY
6/2025
See 16503 on Zillow
1. Population Data from U.S. Census Bureau.
2. Sales Data provided by Redfin, a national real estate brokerage.
MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.