Median price for residential in as of Jul, 2022.
Take into account that the price depends on the location and condition of the . The size and amenities might have a large influence on the asking price as well.
306 Erie, PA, USA apartments for sale
Erie
According to statistics, the population in Erie, PA amounts to 98,970, which shows decline -1% compared to the previous year. The median age of the city’s residents is 35. The average household income is $35,802, shifting growth 2% from the past year, and the average property value in Erie, PA decline 0% to $87,000 throughout the year.
| Population | 98,970 |
| Median Age | 34.7 |
| Poverty Rate | 27% |
| Household Income | $35,802 |
| Number Of Employees | 42,103 |
| Median Property Value | $87,000 |
Household Income
The average household income in Erie, PA grew from $35,205 to $35,802 in the past year. This data is an estimate based upon 40,507 households in Erie, PA . The chart below presents how household income is distributed in Erie, PA in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Erie, PA shifted from $86,700 to $87,000 throughout the year. The subsequent graph indicates the share of properties in the given price range in Erie, PA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Erie, PA properties falls in the '$100,000 to $124,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Erie, PA compared to median property taxes around the country. The prevalent amount of property taxes in Erie, PA equals $2500, which is less than the national average.
Housing Trends
How much does an apartment cost in Erie, PA, USA
Average sale in Erie: $142,731 (-2.4%)
| Apartment Size | Jul | vs Last Month |
|---|---|---|
| Studio for sale | $50,625 | -83.1% |
| 1 bed for sale | $599,900 | N/A |
| 2 bed for sale | $115,221 | +3.5% |
| 3 bed for sale | $136,200 | -6.1% |
| 4+ bed for sale | $169,790 | +13.6% |
During Jul 2022, the average price for an apartment in/near Erie, PA decreased by 2.4% to $142,731.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $599,900 with no changes this month. Asking price for 2-bed apartment also increased by 3.5% and a place of this size will now cost you $115,221. A 3-bed apartment goes for $136,200, it decreased by 6.1% lately. We discerned the rise of 4- and more bed apartment price. It increased by 13.6% and made it up to $169,790.
| Listing Type | Jul | vs Last Month |
|---|---|---|
| Houses for sale | $148,546 | -1.3% |
| Duplexes for sale | $93,028 | +1.8% |
| Condos for sale | $199,300 | N/A |
| Land for sale | $78,166 | N/A |
| Townhouses for sale | $135,000 | N/A |
Price reports demonstrate that house price decreased by 1.3% this month making it up to $148,546. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $199,300. You can now purchase a duplex for just $93,028, duplex price increased by 1.8% this month. Value of the townhouses didn’t change, the price still starts at $135,000.