Is North East, PA 16428 a buyer’s or seller’s market?

The North East housing market right now

In the three months ending August 31, 2026, 20% of homes in North East, PA 16428 sold above their list price, the typical home went under contract in 12 days and there were 1.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 31 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (20% then), homes sold about as fast and the median sale price rose 29% to $289,825. Overall, North East is about as competitive as it was a year ago.

Within Erie County, homes here sell more slowly than in 71% of the county’s ZIP codes, and sell less often over asking than in 92%. On our competition score, North East ranks #342 of 601 PA ZIP codes with enough sales (score 64 out of 100).

Nearby, buyers who want less competition could look at Albion 16401 (17% sold over asking), while West Springfield 16443 (100% sold over asking) and Harborcreek 16421 (60% sold over asking) are even more competitive.