Erie County, OH Housing

Erie, OH County is a great place to live if you are looking for a good appreciation in housing value. According to the given data, the median housing value in Erie, OH County is $198,300 which is significantly lower than the US House Median Value of $338,100. Furthermore, the house 1 year appreciation rate in Erie, OH County is 13.56%, which is higher than the US 1 year House Appreciation rate of 8.27%. This means that housing values in Erie, OH County are increasing at a faster rate than the national average. Investing in real estate here can be very beneficial due to this high appreciation rate.

The median home cost in Erie County is $198,300. Home appreciation the last 10 years has been 67.2%. Home Appreciation in Erie County is up 13.5%.

Average Age of Homes

- The median age of Erie County real estate is 52 years old

The Rental Market in Erie County

- Renters make up 26.8% of the Erie County population
- 2.3% 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, Ohio	United States
	38,225.0	139,647,020.0
	56	42
	$198,300	$338,100
	13.5%	16.6%
	52.2%	57.0%
	67.2%	101.1%
	$13.66	$10.98
	$2,087	$2,690
	58.4%	57.4%
	16.3%	11.2%
	25.3%	31.4%
Vacant Housing
	2.3%	1.9%
	0.3%	0.4%
	0.8%	0.7%
	1.3%	0.4%
	8.1%	3.6%
	3.5%	4.1%
Value of Owner-Occupied Housing
	2.5%	2.6%
	1.8%	2.4%
	5.1%	2.8%
	6.8%	3.9%
	9.2%	4.5%
	23.1%	11.3%
	21.6%	13.0%
	15.6%	20.1%
	7.3%	13.6%
	3.1%	8.3%
	2.8%	9.7%
	0.4%	3.9%
	0.4%	2.2%
	0.0%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.7%	13.6%
	5.7%	13.6%
	12.0%	13.6%
	7.6%	13.2%
	14.8%	14.8%
	12.0%	13.6%
	14.2%	10.0%
	6.5%	4.7%
	23.0%	12.2%

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