Colonial Estates, Erie, PA
Colonial Estates — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Colonial Estates, Erie, Pennsylvania. Explore the cited sources and local facts below while agent underwriting continues.
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Colonial Estates Neighborhood Overview
Colonial Estates is a well-established, family-friendly neighborhood in Erie, Pennsylvania, known for its quiet, tree-lined streets and spacious lots. It offers a classic suburban feel with the convenience of being just a short drive from downtown Erie and Presque Isle State Park.
Housing & Real Estate
The neighborhood primarily features charming single-family homes, many with colonial-style architecture, built from the mid-20th century onward. With a median home value of approximately $215,800, it represents a stable and attractive market for homeowners seeking value and space.
Schools & Education
Families in Colonial Estates are served by the highly regarded Millcreek Township School District. The neighborhood is zoned for quality public schools, including nearby elementary and middle schools, with access to McDowell High School, known for its strong academic and extracurricular programs.
Parks & Recreation
Residents enjoy easy access to the expansive trails and green spaces of the Millcreek Township park system. The famous Presque Isle State Park, with its beaches and recreational activities, is also just a quick drive away for boating, biking, and swimming.
Local Dining & Shopping
Convenient shopping is available at the nearby Millcreek Mall complex, featuring a wide range of retailers and department stores. The Peach Street corridor offers numerous popular chain restaurants and local eateries, providing plenty of dining options for all tastes.
Who Lives Here
Colonial Estates is predominantly home to families, professionals, and long-term residents who value community and stability. The area boasts a median household income of around $83,782, reflecting a comfortable, middle-to-upper-middle class demographic.
Colonial Estates Market Data
| Metric | Value |
|---|---|
| Median Home Price | $216K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $84K |
| Homeownership Rate | 71.8% |
| Renter-Occupied | 28.2% |
| Rental Vacancy Rate | 5.2% |
| Market Type | Balanced |
| Primary ZIP Code | 16506 |
Top Real Estate Agents in Colonial Estates, Erie
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Colonial Estates, Erie, PA. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Pennsylvania Real Estate Commission — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-14