What is the median home value in Waterford Township, PA?

Name: Home values in Waterford Township, PA, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median value of owner-occupied homes in Waterford Township, PA is $198,000 (±$52,638), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Waterford Township, the median home value went from $167,200 in 2015–2019 to $198,000 in 2020–2024 (+18.4%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on November 12, 2026.

Median home value: $198,000 (±$52,638)
Owner-occupied homes: 1,332 (±197)
Most common range: $150,000 to $199,999

Home values in Waterford Township

Owner-occupied homes by value, 2020–2024
Value	Waterford Township	Erie County	Pennsylvania	United States
Less than $50,000	14.9% (±7.9 points)	8.2%	5.5%	5.3%
$50,000 to $99,999	2.6% (±2.8 points)	14.5%	8.4%	6.1%
$100,000 to $149,999	2.4% (±2.6 points)	16.2%	9.6%	6.8%
$150,000 to $199,999	31.8% (±14.8 points)	17.9%	12.8%	9.0%
$200,000 to $299,999	19.6% (±8.3 points)	22.9%	22.9%	17.8%
$300,000 to $499,999	23.4% (±10.3 points)	15.6%	25.9%	26.9%
$500,000 to $999,999	5.3% (±6.6 points)	4.0%	12.8%	20.9%
$1,000,000 or more	0.0% (±2.4 points)	0.6%	2.1%	7.1%

The most common range is $150,000 to $199,999, 31.8% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Waterford Township against Erie County, its state and the nation

Estimate (90% margin of error)
	Waterford Township	Erie County	Pennsylvania	United States
Median home value	$198,000 (±$52,638)	$177,000 (±$4,034)	$254,500 (±$767)	$332,700
Owner-occupied homes	1,332 (±197)	75,276 (±1,141)	3,656,971 (±15,249)	84,210,142

In Waterford Township, the median home value is not measurably different from Erie County ($177,000).

It is also lower than in Pennsylvania ($254,500).

It is lower than the national figure ($332,700).

In Erie County, Waterford Township ranks 18 of 38 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 1274 of 2,541.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Waterford Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median home value	$167,200 (±$25,573)	$198,000 (±$52,638)	+18.4%	No measurable change after inflation
Median owner cost with a mortgage	$1,467 (±$115)	$1,617 (±$82)	+10.2%	Down after inflation
Median real estate taxes	$2,431 (±$347)	$3,030 (±$617)	+24.6%	No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Waterford Township

Nearest places with a published estimate, compared with Waterford Township
Place	Distance	Median home value	Compared with this place
Waterford Township	—	$198,000 (±$52,638)	—
Waterford	0.9 mi	$167,600 (±$11,109)	Not measurably different
LeBoeuf Township	5.6 mi	$219,000 (±$14,027)	Not measurably different
Mill Village	5.6 mi	$135,900 (±$17,658)	Lower
Greene Township (Erie County)	6.8 mi	$227,700 (±$17,834)	Not measurably different
Summit Township (Erie County)	6.8 mi	$245,000 (±$32,933)	Not measurably different
Amity Township (Erie County)	7.7 mi	$206,300 (±$40,042)	Not measurably different
McKean Township	7.9 mi	$241,600 (±$17,550)	Not measurably different
Washington Township (Erie County)	8.2 mi	$284,600 (±$42,566)	Higher

Nearby places with a measurably lower figure: Mill Village, PA ($135,900).

Nearby places with a measurably higher figure: Washington Township (Erie County), PA ($284,600).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Erie County, place by place

Rank	Place	Median home value
12	LeBoeuf Township	$219,000 (±$14,027)
13	North East Township	$211,300 (±$26,877)
14	McKean	$208,800 (±$22,045)
15	Amity Township (Erie County)	$206,300 (±$40,042)
16	Girard Township (Erie County)	$204,600 (±$34,036)
17	Venango Township (Erie County)	$203,300 (±$25,484)
18	Waterford Township	$198,000 (±$52,638)
19	Union Township (Erie County)	$177,300 (±$20,884)
20	Platea	$173,600 (±$34,925)
21	Conneaut Township (Erie County)	$170,500 (±$14,961)
22	Wayne Township (Erie County)	$169,900 (±$36,932)
23	Waterford	$167,600 (±$11,109)
24	North East	$167,000 (±$8,047)

Showing 13 of 38 places in Erie County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Waterford Township

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Waterford Township beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Waterford Township, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near Waterford Township, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Waterford Township

What is the average home value in Waterford Township, PA?

The Census Bureau publishes the median: $198,000 (±$52,638) for owner-occupied homes in Waterford Township (2020–2024 American Community Survey).

Have home values in Waterford Township gone up?

In Waterford Township, the median home value went from $167,200 in 2015–2019 to $198,000 in 2020–2024 (+18.4%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Waterford Township sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Waterford township, Erie County, Pennsylvania (county subdivision:81472, in state:42 county:049).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.