Median home value in zip code 16511 (Erie, PA) is $195,631, up 5.9% year over year. Part of the Erie, PA metropolitan area.

Home Value$195,631

YoY Change

+5.9%

Prices rising — worse for buyers.

Affordability

Enter your income for 16511 (Erie).

Income (annual)

Down Payment

$39,126 on $195,631

Example: $75,000 household income. Change it above to see your own.

Affordable21.8% of income

Under the 28% guideline.

PITI$1,363

P/I21.8%

Afford$251K

Room+$56K

P&I $989Tax $258Ins $117

6.50% 30yr, 20% down, county tax + PA ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

16511 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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