New Build
23
$530,950
2880 Taryn St
Erie, CO 80026
3 bd3 ba1,540 sqft$345/ft²
Multi-family
View photos & details
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Erie, CO Housing Market
Seller's market-2.5% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Erie, CO is worth $721,458, fell 2.5% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $739,712, +6.4% year over year (through May 2026). With 2.3 months of supply and homes going under contract in about 50 days, Erie is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $721,458 home is about $3,852/mo in principal and interest.
Key numbers for Erie, CO
Typical home value
$721,458
-2.5% in 12 months
Zillow, August 2026
Typical asking rent
$2,791/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$739,712
+6.4% year over year
Redfin, through May 2026
Days on market
50
Average pace
Redfin, through May 2026
Active listings
178
2.3 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$163,644
Home costs 4.4x income
U.S. Census ACS, 2023
Sale-to-list ratio
98.8%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Erie a buyer's or seller's market?
Seller's market2.3 months of supply50 days on market98.8% of asking
Erie, CO is a seller's market, based on 2.3 months of supply and homes selling in about 50 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Erie housing market data show?
Every row below is Redfin's final published month for Erie, CO. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $739,712 |
| Median list price | $757,000 |
| Year-over-year price change | +6.4% |
| Median price per sq ft | $269/sq ft |
| Median days on market | 50 days |
| Active inventory | 178 listings |
| Months of supply | 2.3 months |
| Sale-to-list price ratio | 98.8% |
| Homes sold (that month) | 77 |
| New listings (that month) | 92 |
| Listings with a price cut | 38.2% |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Erie is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Erie is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Erie home prices moved?
Over the last three years the median sale price in Erie, CO rose 5.3%, from $702,375 to $739,712. The live Zillow value series has fell 2.5% in the last 12 months, which is the more current read now that Redfin's series has stopped. 38.2% of Erie listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 2.3 months while the sale-to-list ratio slips below its current 98.8%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Erie?
Priced off the typical home value of $721,458 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $144,292 | $577,166 | $3,852/mo |
| 5% | $36,073 | $685,385 | $4,574/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $3,852, that implies roughly $165,066 a year before you add taxes and insurance. The median household in Erie earns $163,644, about $1,422 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 4.4x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Erie in the next 12 months?
Tell us your timeline. We send the Erie market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Erie?
Typical asking rent in Erie, CO is $2,791/mo, against a typical home value of $721,458. That is a price-to-rent ratio of 21.5x, which means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Compared head to head, 20% down puts principal and interest at $3,852 a month — $1,061 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Erie?
Active listings in Erie, CO went from 269 in May 2025 to 178 in May 2026, a -33.8% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 278 | 99 |
| July 2025 | 279 | 94 |
| August 2025 | 252 | 60 |
| September 2025 | 249 | 84 |
| October 2025 | 243 | 79 |
| November 2025 | 214 | 51 |
| December 2025 | 172 | 36 |
| January 2026 | 172 | 65 |
| February 2026 | 184 | 76 |
| March 2026 | 182 | 95 |
| April 2026 | 190 | 90 |
| May 2026 | 178 | 92 |
Redfin, through May 2026
How does Erie compare to Colorado and the U.S.?
Erie homes sell for $739,712 — 20% above the Colorado median of $617,000. Against the national median of $410,700, Erie runs 80% higher. Year-over-year, Erie moved +6.4% against Colorado's +1.3% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Erie, CO | $739,712 | +6.4% | 50 days |
| Colorado statewide | $617,000 | +1.3% | 35 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Erie
What buyers should watch
- Months of supply, currently 2.3. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 38.2%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $722 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $721,458 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Erie listing goes under contract in 50 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 98.8% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Erie added 92 new listings against 77 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved -2.5% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Erie varies more than the citywide median suggests — check the ZIP pages below before you set a number.
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.
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
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
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
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
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
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
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
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
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
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
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?
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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%
How much do homes cost in Erie by property type?
How the Erie, CO market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $762,000 | $266/sq ft | 67 | 44 days |
| Condo / co-op | $311,032 | $257/sq ft | 2 | 88 days |
| Townhouse | $585,000 | $290/sq ft | 8 | 130 days |
Who lives in Erie?
American Community Survey estimates for Erie. U.S. Census ACS, 2023
Population
31,927
Households
11,101
Median income
$163,644/yr
Median age
37.6 years
Owner-occupied
87.9%
Median home value
$685,900
Median gross rent
$2,775/mo
Mean commute
26.8 min
87.9% of occupied homes in Erie are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $685,900 against Zillow's $721,458 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $2,775/mo, below Zillow's $2,791/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
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
Soaring Heights PK-8
Grades PK-8 · 1,254 students
Meadowlark School
Grades PK-8 · 754 students
Erie Middle School
Grades 6-8 · 742 students
Black Rock Elementary
Grades PK-5 · 614 students
Red Hawk Elementary
Grades PK-5 · 605 students
Aspen Ridge Preparatory School
Grades K-8 · 548 students
Highlands Elementary School
Grades PK-5 · 474 students
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?
Ordered by distance from Erie, not by size. Compare Erie side by side with any of them.
Which ZIP codes are in Erie?
These are the ZIP codes we see on active Erie listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.
Erie housing market FAQ
Is Erie a buyer's or seller's market?
Erie, CO is currently a seller's market. That read comes from 2.3 months of supply, homes going under contract in about 50 days, and sellers getting 98.8% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Erie?
The typical home in Erie, CO is worth $721,458 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $739,712, about $269 per square foot.
Is Erie cheaper than the rest of Colorado?
Erie's median sale price of $739,712 is 20% higher than the Colorado statewide median of $617,000, and 80% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Erie?
Homes in Erie, CO spent a median of 50 days on market before going under contract, versus 35 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Erie?
At the current 30-year fixed rate of 7.03%, 20% down on a $721,458 home is about $3,852 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $165,066 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $163,644.
Are home prices rising in Erie?
The typical home value in Erie, CO fell 2.5% over the last 12 months, from $740,160 to $721,458 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Erie?
Erie ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Erie?
That depends on your timeline, not on a headline. What the data says today: Erie, CO is a seller's market with 2.3 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 21.5x means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Properties Incorporated publishes the data; it does not give financial advice.
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