Zip 61250 (Erie, IL) Housing

Housing in Erie, IL (61250) is quite affordable with a median value of $141,200, which stands almost half the US House Median Value of $338,100. Over the past year, house appreciation in Erie has been 6.99%, lower than the US 1 year House Appreciation of 8.27%. This data suggests that housing in Erie is both affordable and growing in value steadily at a rate comparable to the national average.

The median home cost in Erie (zip 61250) is $141,200. Home appreciation the last 10 years has been 34.4%. Home Appreciation in Erie (zip 61250) is up 8.3%.

Average Age of Homes

- The median age of Erie (zip 61250) real estate is 46 years old

The Rental Market in Erie (zip 61250)

- Renters make up 16.8% of the Erie (zip 61250) population
- 0.8% of houses and apartments in Erie (zip 61250), 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, Illinois	United States
	1,221.0	139,647,020.0
	49	42
	$141,200	$338,100
	8.3%	16.6%
	28.5%	57.0%
	34.4%	101.1%
	$22.34	$10.98
	$2,480	$2,690
	69.4%	57.4%
	4.9%	11.2%
	25.7%	31.4%
Vacant Housing
	0.8%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	4.1%	4.1%
Value of Owner-Occupied Housing
	0.9%	2.6%
	0.4%	2.4%
	5.4%	2.8%
	5.5%	3.9%
	14.2%	4.5%
	24.7%	11.3%
	24.9%	13.0%
	12.3%	20.1%
	2.4%	13.6%
	6.8%	8.3%
	1.2%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	1.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.0%	13.6%
	6.0%	13.6%
	6.0%	13.6%
	12.9%	13.2%
	23.7%	14.8%
	6.0%	13.6%
	7.5%	10.0%
	5.0%	4.7%
	24.4%	12.2%

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