The housing market in Erie, KS is performing strongly with a median value of $96,300. This is significantly lower than the national median value of $338,100. However, home appreciation in Erie has increased by 10.51% over the past year which exceeds the 8.27% average increase seen nationally. This indicates that there are strong prospects for investment in the area and that prices are likely to continue rising in line with positive economic conditions.
The median home cost in Erie is $96,300. Home appreciation the last 10 years has been 59.6%. Home Appreciation in Erie is up 13.8%.
Average Age of Homes
- The median age of Erie real estate is 65 years old
The Rental Market in Erie
- Renters make up 23.8% of the Erie population
- 2.6% 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.