The Southwest Erie housing market is very competitive. The median sale price of a home in Southwest Erie was $155K last month, up 14.0% since last year.
What is the housing market like in Southwest Erie today?
In October 2024, Southwest Erie home prices were up 14.0% compared to last year, selling for a median price of $155K. On average, homes in Southwest Erie sell after 5 days on the market compared to 5 days last year. There were 3 homes sold in October this year, down from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$155,000
+14.0% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Southwest Erie, PA
$155,000
+14.0%
United States
To compare other locations to the Southwest Erie and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Erie add value to a home.
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How hot is the Southwest Erie housing market?
Southwest Erie is very competitive. Homes sell in 6 days.
0
100
75
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 6 days.
Hot homes
can sell for about 3% above list price and go pending in around 3 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Southwest Erie housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Southwest Erie.
Flood Factor - Minor
42% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Southwest Erie has a minor risk of flooding. 112 properties in Southwest Erie are likely to be
severely affected
by flooding over the next 30 years. This represents 42% of all properties in Southwest Erie. Flood risk is increasing slower than the national average.
Southwest Erie has minimal risk of severe winds over the next 30 years
Wind Factor
Southwest Erie has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.