16503 Homes for Sale in Erie, PA & Real Estate

Central Eastside, East Erie, Erie
$40,000
$18
/ ft²
For Sale
4
Bed
2,173
ft²
$18
/ ft²
Multifamily, Listed Jun 29th, 2020
$264 / mo
Expenses
28.08%
Cap Rate
Listed Jun 29th, 2020
Central Eastside, East Erie, Erie
$9,900
$5
/ ft²
For Sale
4
Bed
1,836
ft²
$5
/ ft²
Multifamily, Listed Jun 25th, 2020
$235 / mo
Expenses
116.98%
Cap Rate
Listed Jun 25th, 2020
Central City, East Erie, Erie
$99,500
$80
/ ft²
For Sale
3
Bed
1.5
Bath
1,248
ft²
$80
/ ft²
House, Listed Jun 25th, 2020
$209 / mo
Expenses
9.55%
Cap Rate
Listed Jun 25th, 2020
St. Mary, East Erie, Erie
$28,000
$19
/ ft²
For Sale
2
Bed
1
Bath
1,495
ft²
$19
/ ft²
House, Updated 3 weeks ago
$148 / mo
Expenses
27.75%
Cap Rate
Price dropped $4,000
Central Eastside, East Erie, Erie
$44,900
$33
/ ft²
For Sale
4
Bed
1.5
Bath
1,356
ft²
$33
/ ft²
House, Updated 5 weeks ago
$169 / mo
Expenses
27.55%
Cap Rate
Back on Market
Central Eastside, East Erie, Erie
$200,000
$110
/ ft²
For Sale
1,815
ft²
$110
/ ft²
Commercial, Updated 6 weeks ago
$638 / mo
Expenses
0.52%
Cap Rate
Bedrooms: 0 to -1
Central Eastside, East Erie, Erie
$39,900
$28
/ ft²
For Sale
5
Bed
1.5
Bath
1,418
ft²
$28
/ ft²
House, Listed Mar 10th, 2020
$203 / mo
Expenses
46.53%
Cap Rate
Listed Mar 10th, 2020
East Erie, Erie
$49,900
$65
/ ft²
For Sale
1
Bed
1
Bath
773
ft²
$65
/ ft²
Condo, Listed Mar 10th, 2020
$152 / mo
Expenses
10.17%
Cap Rate
Listed Mar 10th, 2020
Central Eastside, East Erie, Erie
$36,900
$22
/ ft²
For Sale
6
Bed
1,670
ft²
$22
/ ft²
Multifamily, Listed Aug 22nd, 2019
$208 / mo
Expenses
76.17%
Cap Rate
Listed Aug 22nd, 2019
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United States   ›   Pennsylvania   ›   Erie   ›   16503
Largest Recent Price Drops
631 E 28TH Street -$10,000 (-22.2%)
16503 currently has 8 residential homes for sale on the market. The median list price is $39,950 or $25 / ft². These listings range from $34,675 in the lower quartile to $46,150 in the upper quartile. The average home currently for sale in 16503 is around 124 years old and 1,457 ft². There are currently 0 studio, 1 one-bedroom, 1 two-bedroom, 1 three-bedroom, and 5 four+ bedroom listings for sale.
A more detailed breakdown of sizes and prices is below:
Median
Bedrooms Price Price / ft²
1 BR $49,900 $65
2 BR $28,000 $19
3 BR $99,500 $80
4+ BR $39,900 $22

Out of the 8 listings that are currently on the market, there are 1 condos, 4 houses, 0 townhouses, and 3 multifamilies. Our real-time inventory refreshes every hour, so that you see the best new inventory available on the market.

This search area is located within 16503. 16503 has 16,571 residents in 5,780 households. The median age of this zipcode is 29 with a majority of inhabitants unmarried. At least 34.03% of those living in this zipcode currently own their homes. Roughly 8.19% of population here speak a language other than English at home.

The median income in this zipcode is $22,918, with an employment rate of 42.6%. It tends to take those living in 16503 an average of 19.7 minutes to get to work, with a majority commuting by car. Out of the total population of those 25 and older, 2.58% have a master’s or above, 4.69% have a bachelor’s, and 45.08% have a high school degree.

More broadly, 16503 is a part of Erie County, Pennsylvania. Erie County, Pennsylvania has around 279,133 residents, or 110,047 households with a median age of 38.9. Residents in this county have a median income of $47,094 and a home ownership rate of 65.86%.

Finally, Erie County, Pennsylvania is a part of the greater Erie, PA Urban Area. The Erie, PA Urban Area has a population of 195,657 across 79,389 households. The median age of the urban area is 37.8. Those living in this urban area have a median income of $44,023 and a home ownership rate of 61.25%.

Searching on Zillow 16503, Trulia, or Realtor.com? RealtyHop has the most comprehensive mortgage and property record data to help you make the best buying decision.

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Tax Year: 2018
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