16507 Homes for Sale in Erie, PA & Real Estate

West Bayfront, West Erie, Erie
$74,000
$45
/ ft²
For Sale
2
Bed
1,660
ft²
$45
/ ft²
Multifamily, Updated 1 week ago
$551 / mo
Expenses
3.96%
Cap Rate
Price dropped $5,000
West Bayfront, West Erie, Erie
$74,000
$45
/ ft²
For Sale
2
Bed
2
Bath
1,660
ft²
$45
/ ft²
House, Updated 1 week ago
$551 / mo
Expenses
3.96%
Cap Rate
Price dropped $5,000
West Bayfront, West Erie, Erie
$219,000
$62
/ ft²
For Sale
2
Bath
3,516
ft²
$62
/ ft²
Commercial, Updated 1 week ago
$417 / mo
Expenses
1.69%
Cap Rate
Price dropped $10,000
West Bayfront, West Erie, Erie
$56,500
$52
/ ft²
For Sale
3
Bed
1
Bath
1,088
ft²
$52
/ ft²
House, Listed Jul 1st, 2020
$248 / mo
Expenses
15.97%
Cap Rate
Listed Jul 1st, 2020
East Bayfront, East Erie, Erie
$65,000
$47
/ ft²
For Sale
3
Bed
2.5
Bath
1,386
ft²
$47
/ ft²
House, Updated 3 weeks ago
$386 / mo
Expenses
11.34%
Cap Rate
Back on Market
Bayfront, West Erie, Erie
$79,900
For Sale
3
Bed
1
Bath
House, Listed Jun 19th, 2020
$2,052 / mo
Expenses
No data
Cap Rate
Listed Jun 19th, 2020
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United States   ›   Pennsylvania   ›   Erie   ›   16507
Largest Recent Price Drops
419 E 11TH Street -$3,000 (-10.7%)
16507 currently has 5 residential homes for sale on the market. The median list price is $74,000 or $46 / ft². These listings range from $65,000 in the lower quartile to $74,000 in the upper quartile. The average home currently for sale in 16507 is around 120 years old and 1,386 ft². There are currently 0 studio, 0 one-bedroom, 2 two-bedroom, 3 three-bedroom, and 0 four+ bedroom listings for sale.
A more detailed breakdown of sizes and prices is below:
Median
Bedrooms Price Price / ft²
2 BR $74,000 $45
3 BR $65,000 $49

Out of the 5 listings that are currently on the market, there are 0 condos, 4 houses, 0 townhouses, and 1 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 16507. 16507 has 10,106 residents in 3,834 households. The median age of this zipcode is 30.5 with a majority of inhabitants unmarried. At least 28.46% 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 $28,347, with an employment rate of 45.1%. It tends to take those living in 16507 an average of 16.6 minutes to get to work, with a majority commuting by car. Out of the total population of those 25 and older, 5.91% have a master’s or above, 9.28% have a bachelor’s, and 44.08% have a high school degree.

More broadly, 16507 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 16507, 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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