Zip Code

16505

Erie, PAErie, PA

Median home value in zip code 16505 (Erie, PA) is $247K, up 6.2% year over year. Part of the Erie, PA metropolitan area.

Full stress scores, AI analysis, and 12-month forecast: Erie, PA metro →

Home Value$246,644
YoY Change
+6.2%
AFFORDABILITY

Enter your income for 16505 (Erie).

$49,329 on $246,644
Affordable — 27% of income

Under the 28% guideline.

PITI$1,689
P/I27%
Afford$256K
Room+$9K
P&I $1,247Tax $325Ins $117
6.50% 30yr, 20% down, county tax + PA ins. 28% per HUD.
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Metro Analysis

16505 is part of the Erie, PA metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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