Erie, PA Metro
Single-family vs. condo trends, market pressure signals, and 5-year price history at the metro grain. Source: Redfin.
Median Sale Price
$195,000
+30.0% YoY
Active Inventory
219
Days on Market
23 days
Price Drops
31.5%
Single-Family vs. Condo
Source: Redfin (property-type breakdown)Single-Family Median
$199,800
+4.6% YoY
Condo / Co-op Median
$320,000
+3.7% YoY
SFR vs. Condo YoY Gap
+0.9%
SFR outperforming condos
DOM: SFR vs. Condo
25d / 12d
SFR / Condo
Market Pressure Signals
Derived from Redfin trendInventory vs. Long-Term Avg
-42.5%
deficit — seller leverage
DOM vs. 24-Mo Avg
+50.4%
currently 23 days
Long-Term Avg Inventory
381
Long-Term Avg DOM
15 days
Mortgage & Price Stress
State HPI + national delinquencyState HPI YoY
+5.5%
positive — appreciating
State HPI vs. Peak
0.0%
at or near peak peak 2025-10-01
National Mortgage Delinquency
1.78%
benchmark — 2025-10-01 metro-grain delinquency requires paid data
State-grain HPI YoY + drawdown from peak is the cleanest free price-stress proxy. The national delinquency rate gives the macro mortgage-stress backdrop. True metro-level mortgage delinquency lives in paid datasets (MBA NDS, CoreLogic LP).
Value / Rent Ratio
Median price ÷ annual ZORI rent (state ZORI mean (metro rent unavailable from public sources))Value / Rent
13.1×
roughly balanced
Below ~15× annual rent is the historical buy-friendly band. Above ~20× the market typically favors renting and reinvesting elsewhere.
Trends
Up to 5 years of monthly dataMedian Sale Price
Trailing 12 months
Active Inventory
Trailing 12 months
Days on Market
Trailing 12 months
Looking for state-level data? See Pennsylvania statewide stats →
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