Cities with the most expensive homes in the Erie metro area

Written by:
April 22, 2025
Konstantin L // Shutterstock

Cities with the most expensive homes in the Erie metro area

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers.

The typical home value in the United States was $367,369 in June, 0.2% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of July 17, the 30-year fixed mortgage rate sits at 6.75%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

Stacker compiled a list of cities with the most expensive homes in the Erie metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 9 cities and towns with data available were included in the list.

1 / 9
Stacker

#9. Corry, PA

- Typical home value: $146,809
- 1-year price change: +0.2%
- 5-year price change: +39.7%

2 / 9
Stacker

#8. Union City, PA

- Typical home value: $155,490
- 1-year price change: +5.4%
- 5-year price change: +34.7%

3 / 9
Stacker

#7. Albion, PA

- Typical home value: $187,946
- 1-year price change: +3.9%
- 5-year price change: +40.2%

4 / 9
Stacker

#6. Erie, PA

- Typical home value: $196,583
- 1-year price change: +5.5%
- 5-year price change: +55.2%

5 / 9
Stacker

#5. Lake City, PA

- Typical home value: $198,666
- 1-year price change: +7.5%
- 5-year price change: +48.7%

6 / 9
Stacker

#4. Cranesville, PA

- Typical home value: $221,465
- 1-year price change: +3.8%
- 5-year price change: +43.5%

7 / 9
Stacker

#3. Wattsburg, PA

- Typical home value: $250,992
- 1-year price change: +2.3%
- 5-year price change: +43.1%

8 / 9
Stacker

#2. Edinboro, PA

- Typical home value: $281,881
- 1-year price change: +4.5%
- 5-year price change: +44.3%

9 / 9
Stacker

#1. Mc Kean, PA

- Typical home value: $295,228
- 1-year price change: +5.1%
- 5-year price change: +46.0%

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