Erie, CO is an area that has seen a strong appreciation in housing values over the past year. The median value of homes in the area stands at $700,500, which is significantly higher than the US House Median Value of $338,100. Additionally, house appreciation in Erie, CO has been higher than the US 1 year House Appreciation rate of 8.27%, at 9.55%. This suggests that Erie, CO is an area that offers a great potential for real estate investors and those looking to purchase a home.
The median home cost in Erie is $700,500. Home appreciation the last 10 years has been 143.2%. Home Appreciation in Erie is up 16.0%.
Average Age of Homes
- The median age of Erie real estate is 14 years old
The Rental Market in Erie
- Renters make up 13.9% of the Erie population
- 0.2% of houses and apartments in Erie, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.