Millcreek (16505) has an estimated 17,168 residents with 17,082 of those people in approximately 7,808 housing units. The 16505 zipcode contains 3,481 housing units that are owned with a mortgage or a loan, 2,149 housing units that are owned free and clear and 2,178 housing units that are renter occupied.

In Millcreek (16505) the median listing price of $145,000 has dropped by $4,450 since 2018-10.

In 2018 the average percentage drop was 3.57% of original listing price.

Zip code 16505 is in the Erie metropolitan area.
The median estimated home value in Millcreek, PA (16505) is $137,700 as of 2018-10-31

In Millcreek, PA (16505), values have dropped by -0.01 from when they peaked at $138,900 in 2018-Q3

The Zillow Market Health Index for Millcreek, PA (16505) is 2.65. The corresponding state value is 1.37. This is significantly higher than the overall Market Health Index of Pennsylvania.
Metro value is 1.26.
This is significantly higher than the overall Market Health Index of Erie.