61250 Home Values & Market Trends
There are 24 homes currently listed for 61250. 61250 real estate market trends show that home prices range from $59,900 to $219,900, and the median sales price in the 61250 zip code is $106,231. The total number of properties sold within the past twelve months is 47. In 61250, 3 properties are in foreclosure, 1 are bank owned properties,and 0 are headed for auction.
61250 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Erie | $ 106,231 $ 77/sqft |
Housing Market Summary for 61250
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $105K | $101K | -3.76% |
| Median Sold Price | $215.5K | $197K | -8.61% |
| Homes For Sale | 11 | 24 | 118.18% |
| Homes Sold | 18 | 13 | -27.78% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in 61250
Browse Homes in 61250
The median list price of a home in Erie, is $106,231. A total of 24 properties are for sale, and the percentage of properties for sale in the zip code is 24.00%. The total count of 61250 properties is 44.
- Pre-ForeclosurePre-foreclosure homes account for 4.55% of all residential properties in 61250 with erie containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 61250; of that cities, the estimated home value for pre-foreclosure homes ranges from $87,766 in erie to the lowest home value of $82,672 in erie.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 61250 ranges from the highest value of $87,360 in erie to the lowest value of $87,360 in erie. Bank owned homes and properties account for 2.27% of properties in 61250. There is 1 cities within 61250; erie containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 61250. Auction homes and other auction properties account for 0% of all properties in 61250. There is 1 cities within 61250; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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Guide for 61250
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.