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Sarah Mitchell

CNESRESABR

Compass Real Estate · Erie, CO

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Erie, CO(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Erie, CO Housing Market & Real Estate

Seller's market+6.4% YoY

Housing market overview · Updated monthly ·

$739,712median sale price

How is the Erie, CO housing market right now?

The median home sale price in Erie, CO is $739,712, up 6.4% year-over-year. Homes sell in an average of 50 days with 178 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Erie a buyer's or seller's market?

Seller's market2.3 months of supply50 avg. days on market

Erie, CO is currently a seller's market, based on 2.3 months of supply and homes selling in about 50 days. How we determine this →

Homes sold

77

Last 12 weeks

Days on market

50

Average pace

Active listings

178

2.3 months supply

Sale-to-list

98.8%

Below asking

What does the Erie housing market data show?

Current housing market statistics for Erie, CO
MetricValue
Median sale price$739,712
Median list price$757,000
Year-over-year price change+6.4%
Average days on market50 days
Active inventory178 listings
Months of supply2.3 months
Sale-to-list price ratio98.8%
Median price per sq ft$269/sq ft
Homes sold (latest month)77
New listings (latest month)92
Listings with a price cut38.2%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Erie by property type?

How the Erie, CO market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Erie, CO
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$762,000$266/sq ft6744 days
Condo / Co-op$311,032$257/sq ft288 days
Townhouse$585,000$290/sq ft8130 days

Source: Redfin · Updated monthly

The Erie housing market is currently classified as a seller's market with a median sale price of $739,712. Prices have risen 6.4% compared to last year, with homes spending an average of 50 days on market, indicating 2.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.5x provides context for how home values compare to local earning capacity.

Homes for sale in Erie

There are currently 178 homes listed for sale in Erie, Colorado. The median listing price is $757K. Featured listings range from $530,950 to $1,450,000.

3 bedroom multi-family for sale at 2880 Taryn St Erie 80026 - $530,950
New Build
23
$530,950

2880 Taryn St

Erie, CO 80026

3 bd3 ba1,540 sqft$345/ft²
Multi-family
View photos & details
3 bedroom townhouse for sale at 630 Cowbell Dr Erie 80516 - $615,000
New Build
10
$615,000

630 Cowbell Dr

Erie, CO 80516

3 bd4 ba2,014 sqft$305/ft²
Townhouse1,664 sqft lot

Amy Ballain · Coldwell Banker Realty 56

View photos & details
3 bedroom townhouse for sale at 600 Cowbell Dr Erie 80516 - $625,000
New Build
9
$625,000

600 Cowbell Dr

Erie, CO 80516

3 bd4 ba2,335 sqft$268/ft²
Townhouse1,485 sqft lot

Amy Ballain · Coldwell Banker Realty 56

View photos & details
3 bedroom townhouse for sale at 624 Cowbell Dr Erie 80516 - $650,000
New Build
10
$650,000

624 Cowbell Dr

Erie, CO 80516

3 bd4 ba2,450 sqft$265/ft²
Townhouse1,488 sqft lot

Amy Ballain · Coldwell Banker Realty 56

View photos & details
3 bedroom house for sale at 919 Goodrich Peak St Erie 80516 - $665,000
New Listing
50
$665,000

919 Goodrich Peak St

Erie, CO 80516

3 bd3 ba2,334 sqft$285/ft²
House7,826 sqft lot

Kendra Bajcar · LPT Realty

View photos & details
3 bedroom house for sale at 1230 Nova Pl Erie 80516 - $785,000
New Listing
41
$785,000

1230 Nova Pl

Erie, CO 80516

3 bd4 ba4,511 sqft$174/ft²
House6,485 sqft lot

Andrew Griggs · eXp Realty, LLC

View photos & details
4 bedroom house for sale at 537 Cardens Ct Erie 80516 - $800,000
New Listing
50
$800,000

537 Cardens Ct

Erie, CO 80516

4 bd4 ba3,892 sqft$206/ft²
House7,790 sqft lot

Brandon Griffin · eXp Realty, LLC

View photos & details
4 bedroom house for sale at 1628 Parkdale Cir Erie 80516 - $850,000
New Listing
47
$850,000

1628 Parkdale Cir

Erie, CO 80516

4 bd4 ba4,242 sqft$200/ft²
House10,890 sqft lot
View photos & details
6 bedroom house for sale at 3082 Stevens Cir N Erie 80516 - $1,000,000
New Listing
32
$1,000,000

3082 Stevens Cir N

Erie, CO 80516

6 bd4 ba3,688 sqft$271/ft²
House12,632 sqft lot
View photos & details
5 bedroom house for sale at 284 Westerly Blvd Erie 80516 - $1,135,200
New Build
27
$1,135,200

284 Westerly Blvd

Erie, CO 80516

5 bd6 ba4,055 sqft$280/ft²
House6,098 sqft lot
View photos & details
6 bedroom house for sale at 404 Dusk Ct Erie 80516 - $1,295,000
New Listing
50
$1,295,000

404 Dusk Ct

Erie, CO 80516

6 bd5 ba5,283 sqft$245/ft²
House9,583 sqft lot
View photos & details
5 bedroom house for sale at 4764 Beverly Ln Erie 80516 - $1,450,000
New Listing
49
$1,450,000

4764 Beverly Ln

Erie, CO 80516

5 bd4 ba3,488 sqft$416/ft²
House2.70 acres
View photos & details

Looking to buy in Erie?

Get connected with a local real estate expert — free, no obligation.

Active listings

178

Homes on market

Median list price

$757K

Avg. days on market

50

Days until sale

New this week

92

Newly listed

Price drops:38.2%of listings
Sale-to-list:98.8%

Who lives in Erie?

Population

31,927

Median income

$163,644/yr

Median age

37.6 years

Owner-occupied

87.9%

College grads

66.5%

Avg commute

26.8 min

Source: U.S. Census Bureau ACS

What are homes worth in Erie?

Zillow home value

$732,095

Zillow rent index

$2,989/mo

Price-to-rent ratio

20.4x

Price-to-income

4.5x

Source: Zillow Research

What is it like to live in Erie?

Erie is a community of approximately 32K residents with a median age of 37.6 years.The median household income is $163,644, which reflects a relatively affluent area with strong earning potential. 66.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 87.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 26.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Erie offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Erie?

9 schools tracked · 7,200 students

The largest public schools serving Erie, CO by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Erie High School

Grades 9-12 · 1,759 students

Public

Soaring Heights PK-8

Grades PK-8 · 1,254 students

Public

Meadowlark School

Grades PK-8 · 754 students

Public

Erie Middle School

Grades 6-8 · 742 students

Public

Black Rock Elementary

Grades PK-5 · 614 students

Public

Red Hawk Elementary

Grades PK-5 · 605 students

Public

Aspen Ridge Preparatory School

Grades K-8 · 548 students

Charter

Highlands Elementary School

Grades PK-5 · 474 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Erie, CO?

Want a head-to-head view? Compare Erie side-by-side with any other U.S. city using our market-comparison tool.

Which ZIP codes are in Erie?

Is Erie a good real estate investment market?

For investors evaluating Erie, the price-to-rent ratio of 20.4x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 6.4% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Erie's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Erie's median home price.

Frequently asked questions

What is the average home price in Erie?

The median home sale price in Erie is $739,712, up 6.4% from last year.

How long do homes stay on market in Erie?

Homes typically spend 50 days on market before going under contract.

What is the median income in Erie?

The median household income is $163,644 per year.

Is Erie a buyer's or seller's market?

With 2.3 months of supply, Erie is currently a seller's market.

How many homes are for sale in Erie?

There are currently 178 homes listed for sale in Erie, CO.

What is the Zillow home value estimate for Erie?

The Zillow Home Value Index (ZHVI) for Erie is $732,095, representing the typical home value in the area.

What is the median condo price in Erie?

The median condo/co-op sale price in Erie, CO is $311,032, compared to $762,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Erie?

The median single-family home price in Erie, CO is $762,000 (about $266 per square foot).

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