Erie, CO Home Values & Market Trends

Real estate market trends reflect that there have been 509 transactions over the past year in Erie. The median value for residential home transactions that occurred over the previous year is $746,311.89. The number of current listings in Erie is 34, and the percentage of properties for sale in the city is 34.00%. Erie, CO currently has 8 properties in foreclosure, 0 bank owned properties, 8 properties headed for auction, and 34 properties for sale.

Erie, CO Real Estate Market Overview

ZipMedian Est. Value
80516

$ 723,924

$ 222/sqft

Housing Market Summary for Erie, CO

Oct 2022September 2023Change
Median Listing Price$650K$722.9K11.21%
Median Sold Price$765K$722.9K-5.51%
Homes For Sale233030.43%
Homes Sold524366-30.15%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Recently Sold Homes

Explore recent offers and recently sold homes in Erie, CO

Browse Homes in Erie, CO

Erie home values range from $34,429 to $4,084,470. The median estimated value of a home in Erie is $746,311.89. The median list price of a home is 689,500, and the total count of properties in the city is 11,910.

Foreclosure
There is 1 zips within Erie, CO; within this zips, the median estimated home value for homes in foreclosure ranges from $842,898 in 80516 to the lowest value of $451,765 in 80516. Foreclosure homes account for 0.00% of properties in Erie, CO with 80516 containing 8 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Erie, CO with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Erie, CO; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Erie, CO ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Erie, CO. There is 1 zips within Erie, CO; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    80516 has 8 auction properties, the highest number of properties going to auction in a single zip in the state of Erie, CO. Auction homes and other auction properties account for 0.07% of all properties in Erie, CO. There is 1 zips within Erie, CO; of that zips, the median estimated home value for homes going to auction ranges from $842,898 in 80516 to the lowest value of $451,765 in 80516.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.29% of residential properties in Erie, CO with 80516 containing 36 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Erie, CO; homes for sale in that zips, have a range of median values from $2,053,809 in 80516 to the lowest value of $370,896 in 80516.
    Sold Homes
    The median value for recently sold homes ranges from $4,084,470 in 80516 to the lowest price of $127,950 in 80516. There is 1 zips within Erie, CO. 80516 has 367 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.86% of properties in Erie, CO.

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      Guide for Erie, CO

      Home Buying Financing
      What is an REO Property and How to Buy It
      Home Buying Guides
      The Difference Between A Short Sale And A Foreclosure
      Home Buying Guides
      What Happens When A Property Goes Into Foreclosure?
      Home Buying Guides
      Avoiding Scams in Pre-Foreclosure Deals
      See More Articles
      What is an REO Property and How to Buy It
      Home Buying Financing|posted 27 September 2023

      Have you been interested in REO, or real estate owned, properties? RealtyTrac helps you understand what they are and how can you buy one.

      The Difference Between A Short Sale And A Foreclosure
      Home Buying Guides|posted 26 September 2023

      You know what a foreclosure is. You are familiar with short sales. But what are the true differences between them?

      What Happens When A Property Goes Into Foreclosure?
      Home Buying Guides|posted 24 September 2023

      Want to learn about the foreclosure process? Our article explains it all.

      Avoiding Scams in Pre-Foreclosure Deals
      Home Buying Guides|posted 30 August 2023

      How do you avoid scams when you are in pre-foreclosure? We’ve got the info here.

      Recently Listed Homes Erie, CO

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