Zip 80516 (Erie, CO) Housing

The housing market in 80516 Erie, CO is thriving. According to the latest statistics, the median value of a house in this area is $708,600 - almost double the US House Median Value of $338,100. Furthermore, over the past year house appreciation has increased by 9.56%, significantly higher than the US 1 year House Appreciation which stands at 8.27%. This indicates that investing in property in 80516 Erie could be a wise decision for those looking for a great return on their investment.

The median home cost in Erie (zip 80516) is $708,600. Home appreciation the last 10 years has been 143.1%. Home Appreciation in Erie (zip 80516) is up 16.0%.

Average Age of Homes

- The median age of Erie (zip 80516) real estate is 14 years old

The Rental Market in Erie (zip 80516)

- Renters make up 13.1% of the Erie (zip 80516) population
- 0.1% of houses and apartments in Erie (zip 80516), 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, Colorado	United States
	11,496.0	139,647,020.0
	15	42
	$708,600	$338,100
	16.0%	16.6%
	55.7%	57.0%
	143.1%	101.1%
	$5.50	$10.98
	$4,243	$2,690
	84.6%	57.4%
	2.3%	11.2%
	13.1%	31.4%
Vacant Housing
	0.1%	1.9%
	0.0%	0.4%
	1.2%	0.7%
	0.1%	0.4%
	0.4%	3.6%
	0.5%	4.1%
Value of Owner-Occupied Housing
	0.2%	2.6%
	0.4%	2.4%
	0.2%	2.8%
	0.0%	3.9%
	0.4%	4.5%
	0.1%	11.3%
	0.3%	13.0%
	2.6%	20.1%
	10.6%	13.6%
	22.8%	8.3%
	48.4%	9.7%
	8.9%	3.9%
	2.8%	2.2%
	0.3%	0.8%
	2.1%	1.1%
Housing Units by Year Structure Built
	1.9%	0.2%
	39.0%	13.6%
	39.0%	13.6%
	17.7%	13.6%
	1.9%	13.2%
	3.3%	14.8%
	17.7%	13.6%
	0.7%	10.0%
	0.5%	4.7%
	1.5%	12.2%