Comprehensive market data and analysis• Updated Dec 2025
19.9 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 10 | 24 | 60 |
| 1-2 acres | 2 | 2 | 5 | 14 |
| 2-5 acres | 1 | 2 | 5 | 15 |
| 5-10 acres | 1 | 2 | 3 | 11 |
| 10-20 acres | 1 | 5 | 7 | 17 |
| 20-50 acres | 2 | 3 | 5 | 9 |
| 50-100 acres | - | - | - | 3 |
| 100+ acres | - | - | - | 2 |
| TOTAL | 7 | 24 | 49 | 131 |
Acreage buckets
The median price for land in Erie County, Pennsylvania is currently $24K per acre. For a typical parcel, the median sale price is $50K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $7K while premium lots reached $210K.
Erie County, Pennsylvania is currently a strong buyer's market with 19.9 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 252.0% year-over-year.
Erie County, Pennsylvania currently has 19.9 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Land in Erie County, Pennsylvania typically sells within 95 days of listing. The median time on market is 53 days. Properties are moving at a moderate pace in the current strong buyer's market.
The current absorption rate in Erie County, Pennsylvania is 5.0% (3-month basis), indicating slow demand. With appreciating values (+252.0% YoY), the market shows growth potential. The top-performing broker in this market is Agresti Real Estate.
There are currently 179 active listings in Erie County, Pennsylvania. 49 new listings have hit the market in the last 90 days. The median asking price is $80K.
Over the past 12 months, Erie County, Pennsylvania saw 141 properties sold, totaling $13.1M in sales volume. In just the last 3 months, 27 properties changed hands.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
