Market Snapshot
| Indicator | Value |
|---|---|
| Population | 269,544 ↓ 0.5% since 2020 |
| Median Household Income | $61,476 18% below national median |
| Median Home Value | $169,500 |
| Unemployment Rate | 5.5% |
| Median Age | 40.1 years |
| Housing Vacancy Rate | 8.3% |
| Total Recent Sales | 189 transactions |
| Active Listings | 144 properties |
| Avg Days on Market | 285 days |
Rural Land Market (1+ Acres)
| Metric | Value |
|---|---|
| Median Price/Acre | $10,134 |
| Recent Sales | 100 transactions |
| Avg Days on Market | 286 days |
| Avg Parcel Size | 15.60 acres |
| Active Listings | 81 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Mar 2026 | 1.41 | $240,000 | $170,576 | North East |
| Mar 2026 | 10.38 | $30,000 | $2,890 | Wattsburg |
| Mar 2026 | 2.50 | $165,000 | $66,000 | Fairview |
| Feb 2026 | 6.00 | $75,000 | $12,500 | Fairview |
| Feb 2026 | 1.85 | $212,750 | $115,000 | Erie |
| Feb 2026 | 1.73 | $249,900 | $144,870 | Edinboro |
| Feb 2026 | 1.26 | $350,000 | $277,778 | North East |
| Jan 2026 | 132.00 | $710,000 | $5,379 | Waterford |
| Jan 2026 | 6.37 | $70,000 | $10,989 | Corry |
| Jan 2026 | 2.80 | $20,000 | $7,143 | Waterford |
Suburban/Urban Land Market (Under 1 Acre)
| Metric | Value |
|---|---|
| Median Price/Acre | $64,516 |
| Recent Sales | 89 transactions |
| Avg Days on Market | 284 days |
| Avg Parcel Size | 0.40 acres |
| Active Listings | 63 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Mar 2026 | 0.91 | $25,000 | $27,397 | Erie |
| Mar 2026 | 0.91 | $25,000 | $27,482 | Erie |
| Feb 2026 | 0.09 | $1,600 | $17,880 | Erie |
| Feb 2026 | 0.15 | $250 | $1,679 | Erie |
| Feb 2026 | 0.50 | $48,000 | $96,579 | Erie |
| Feb 2026 | 0.82 | $35,000 | $42,683 | Harborcreek |
| Jan 2026 | 0.19 | $50,000 | $259,336 | Erie |
| Jan 2026 | 0.08 | $500 | $6,486 | Erie |
| Jan 2026 | 0.44 | $23,000 | $52,452 | Lake City |
| Jan 2026 | 0.27 | $52,210 | $194,382 | Edinboro |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 269,544 |
| Population (2020) | 270,876 |
| Population Growth | -0.49% |
| Median Household Income | $61,476 |
| Median Home Value | $169,500 |
| Total Housing Units | 120,019 |
| Vacant Housing Units | 9,913 |
| Housing Vacancy Rate | 8.3% |
| Median Age | 40.1 |
| Bachelor's Degree or Higher | 34,597 (12.8%) |
| Unemployment Rate (BLS) | 4.2% |
Market Overview
Erie County, Pennsylvania has a population of 269,544, which has declined 0.49% since 2020. The median household income is $61,476, below the national median of $74,580 by 17.6%. With a median home value of $169,500 and an unemployment rate of 4.2%, the local economy is moderate. The housing vacancy rate of 8.3% suggests balanced market conditions. The county's location in Pennsylvania makes it accessible for investors and developers seeking rural land. Recent rural land sales show a median price of $10,134 per acre, with properties averaging 15.60 acres. There are currently 144 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Erie County, Pennsylvania?
As of the 2023 American Community Survey, Erie County has a population of 269,544. The county has declined 0.49% since the 2020 Census.
What is the median household income in Erie County?
The median household income in Erie County is $61,476, which is 17.6% below the national median of $74,580.
Is Erie County growing or shrinking?
Erie County is shrinking. The population has declined 0.49% since 2020.
What is the housing market like in Erie County?
The median home value in Erie County is $169,500. The housing vacancy rate is 8.3%, which suggests balanced market conditions. The unemployment rate is 4.2%, indicating a moderate local economy. Recent rural land sales (1+ acres) show a median price of $10,134 per acre. Suburban/urban lots under 1 acre have a median price of $64,516 per acre.
Does Reelvest buy land in Erie County, Pennsylvania?
Yes! Reelvest Properties buys vacant land throughout Pennsylvania, including Erie County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.