The real estate market in Erie County, Pennsylvania, is showcasing a variety of properties that offer significant space and unique features, appealing to buyers seeking more than a standard home. Recent listings highlight sprawling estates with amenities like indoor pools, guest houses, and extensive acreage, reflecting a diverse and active market. According to data from Realtor.com, the median home sale price in the county was recorded at $201,000 as of June, providing a baseline for the market's value.
Key Takeaways
- The median home sale price in Erie County, Pennsylvania, was $201,000 in June.
- A property in North East on over 26 acres with two homes went under contract for $525,000.
- A Waterford home featuring an indoor saltwater pool is listed for $695,000.
- A Fairview property with a heated pool and six-car garage space is on the market for $529,900.
Erie County Market Overview
Erie County's real estate landscape presents a compelling option for homebuyers, particularly those looking for properties that combine residential comfort with ample outdoor space. The reported median sale price of $201,000 indicates a market that remains relatively accessible compared to many metropolitan areas in the United States. This affordability allows for a wider range of properties, including those with substantial land and specialized amenities that are often priced much higher in other regions.
The properties recently featured for sale demonstrate the variety available to prospective buyers. From agricultural land with vineyards to homes designed for entertainment and hobbies, the offerings cater to diverse lifestyles. This trend suggests a demand for properties that serve as more than just a place to live, but also as private retreats and functional estates.
Understanding the Market
Erie County is located in the northwestern corner of Pennsylvania and includes the city of Erie, which sits on the shore of Lake Erie. Its location provides access to both urban conveniences and vast rural landscapes, making it attractive for those who appreciate nature, agriculture, and outdoor recreation without sacrificing access to city services.
A Closer Look at Notable Properties
Several listings from September illustrate the unique character of homes available in the area. These properties are notable not just for their size, but for the specific lifestyle features they include, from agricultural potential to year-round recreational facilities.
The North East Estate with Dual Homes
Located at 2085 Cemetery Road in North East, this property offers a unique living arrangement with two separate homes on a single parcel. The main residence and a guest house, built in 2004, are situated on an expansive lot of over 26 acres, providing significant privacy as the homes are hidden from the road.
The property's features make it particularly distinctive:
- Acreage and Agriculture: The estate includes more than six acres of grapes, tapping into the region's reputation for vineyards and wineries.
- Natural Features: A private pond on the property adds to its scenic and recreational appeal.
- Market Activity: The home was listed as a pending sale in early October for $525,000 after being on the market for only 25 days, signaling strong buyer interest in properties with these characteristics.
This type of property is ideal for multi-generational families, those who wish to generate rental income from the second home, or individuals interested in small-scale agriculture. The rapid sale underscores the demand for turn-key rural estates in the county.
Fast-Moving Property
The North East property at 2085 Cemetery Road went under contract in just 25 days. This quick turnaround suggests that well-appointed properties with unique features like multiple dwellings and income-producing land are highly sought after in the current Erie County market.
Waterford Home with an Indoor Saltwater Pool
In LeBoeuf Township, the residence at 3920 Stone Quarry Road in Waterford is a prime example of a home built for luxury and entertainment. Listed for $695,000, its most prominent feature is an indoor saltwater pool, allowing for year-round swimming regardless of the weather.
Built in 1997, the house itself is substantial, with a total of 5,864 square feet of living space. It sits on a 12-acre lot, which includes three acres of private woods for hiking and enjoying nature. The home's layout is designed for a large family or those who entertain frequently, with five bedrooms and six bathrooms. This property represents the higher end of the market in the region, offering resort-style amenities in a private, secluded setting.
Fairview Property for Hobbyists and Entertainers
The home at 5801 Platz Road in Fairview combines comfortable family living with exceptional amenities for hobbyists, particularly car enthusiasts. This property, listed for $529,900, features three detached garages with enough space to accommodate up to six vehicles. This is a rare and valuable feature for collectors or those who need extensive workshop space.
The 2,444-square-foot home, constructed in 1987, has four bedrooms and sits on nearly 3.5 acres of land. Beyond the impressive garage space, the property is well-suited for recreation. It includes a heated outdoor pool for seasonal enjoyment. Inside, the home offers a dedicated recreation and TV room, a den, and a kitchen with classic wood cabinetry. This property appeals to buyers looking for a balance of indoor comfort, outdoor activity, and extensive storage or workspace.
What These Properties Indicate About the Market
The variety and pricing of these homes suggest a healthy and multifaceted real estate market in Erie County. While the median price remains affordable, there is a clear segment of buyers willing to invest in properties with premium features and significant acreage. These listings cater to a post-pandemic desire for more space, privacy, and at-home amenities.
The demand for properties like the one on Cemetery Road, which sold quickly, indicates that buyers are actively searching for unique value propositions. Whether it's the potential for agricultural income, the luxury of an indoor pool, or the practical benefit of extensive garage space, these homes show that the Erie County market is not just about price, but also about the lifestyle it can offer residents.
As the market continues to evolve, properties that provide a blend of comfort, recreation, and utility are likely to remain in high demand. For those looking outside of densely populated urban centers, Erie County presents a compelling alternative with its diverse real estate offerings.
