Erie County, NY Housing

The housing market in Erie, NY County is performing quite well compared to the national average. The median house value of $231,300 is significantly lower than the national median of $338,100. Despite this discrepancy, Erie County has seen a higher 1 year appreciation rate of 10.36% compared to the US average of 8.27%. This indicates that the local housing market is likely to continue growing over time and be an attractive investment opportunity for potential buyers.

The median home cost in Erie County is $231,300. Home appreciation the last 10 years has been 100.3%. Home Appreciation in Erie County is up 14.7%.

Average Age of Homes

- The median age of Erie County real estate is 62 years old

The Rental Market in Erie County

- Renters make up 31.6% of the Erie County population
- 1.2% of houses and apartments in Erie County, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Erie, New York	United States
	436,986.0	139,647,020.0
	65	42
	$231,300	$338,100
	14.7%	16.6%
	61.3%	57.0%
	100.3%	101.1%
	$24.29	$10.98
	$4,107	$2,690
	60.1%	57.4%
	7.8%	11.2%
	32.1%	31.4%
Vacant Housing
	1.2%	1.9%
	0.3%	0.4%
	0.4%	0.7%
	0.4%	0.4%
	0.7%	3.6%
	4.8%	4.1%
Value of Owner-Occupied Housing
	2.1%	2.6%
	2.1%	2.4%
	3.3%	2.8%
	5.1%	3.9%
	6.6%	4.5%
	21.5%	11.3%
	20.4%	13.0%
	21.0%	20.1%
	9.4%	13.6%
	3.9%	8.3%
	3.3%	9.7%
	0.8%	3.9%
	0.3%	2.2%
	0.1%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.5%	13.6%
	4.5%	13.6%
	6.7%	13.6%
	6.7%	13.2%
	9.9%	14.8%
	6.7%	13.6%
	18.3%	10.0%
	8.7%	4.7%
	29.9%	12.2%

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