Current Price

$154,911

1 Month Forecast

â–² $172,151

1-Year Forecast *

â–² $178,376

5-Year Forecast *

â–² $193,525

"Is it a good time to buy homes in Erie?" "Does investing in real estate in Erie (Illinois State, Whiteside County) worth it?" According to our live Forecast System, buying a house in Erie is a good short-term (1-year) investment*. The Erie average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Erie" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Erie in Illinois State, Whiteside County. If you are looking for homes for sale with good flipping profit, Erie can be a profitable property investment option. The median price of an average house in Erie was 154,911 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Erie" area is 193,525 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +24.93% meaning that investing 100000 USD today may yield a profit of 24,927 USD by 2031.

Current Median Listing Price: 154,911 USD Median Listing Price Per Square Foot: 86 USD

Erie Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Erie (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Erie Price Target

Erie median home price target in 12 months: $178,376* (upside of 15.1%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $165,357 $171,769 $165,357 $171,769
2024 $149,282 $154,911 $149,282 $154,911
2023 $150,690 $149,357 $149,357 $151,503
2022 $142,154 $149,997 $142,154 $149,997
2021 $135,983 $139,948 $135,983 $139,948
2020 $124,542 $134,967 $124,542 $134,967
2019 $110,700 $123,702 $110,700 $123,702
2018 $123,185 $111,741 $111,741 $123,185
2017 $120,307 $122,873 $118,774 $122,873
2016 $119,774 $120,335 $119,774 $121,490
2015 $118,962 $119,539 $116,489 $119,539
2014 $115,966 $119,075 $115,353 $119,075
2013 $117,564 $116,136 $112,422 $117,564
2012 $111,557 $117,208 $110,805 $117,208

Questions & Answers about the Erie Housing Market Forecast

How much does an average home cost in Erie today?

The value of an average home (the listing price) in Erie is $154,911 USD.

What is the average price per square foot in Erie?

According to Walletinvestor the median price per square foot in Erie is 86 USD.

Will the median listing price of homes in Erie grow / rise / go up?

Yes. The Erie home prices may rise from 154,911 USD to 178,376 USD in one year.

Is it profitable to invest in Erie homes?

Yes. The long-term profit potential is +15.15% in one year.

Will Erie house prices fall / drop?

No. See above.

What is the predicted price of a Erie home in 2030?

The predicted home sales price of a Erie home in 2030 in Erie is 189,321 USD.

What is the predicted price of a Erie home in 2035?

The predicted home sales price of a Erie home in 2035 in Erie is 214,333 USD.

Will real estate prices decrease in Erie?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Erie is the 12735. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Whiteside, Erie decreased, looking at the past 12 months.

According to Walletinvestor's Erie real estate market research, home values will increase in the next 12 months.

Median home values decreased by 8.686% to 154,911 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 14.628% in 2021
  • 15.068% in 2022
  • 13.538% in 2023
  • 15.078% in 2024
  • 17.148% in 2025
  • 15.998% in 2026

Based on our Erie real estate market research and report the predicted sales prices will increase by 309.785% in the next 10 years.

Over the last 12 months, the value of homes in Erie fluctuated: increasing 4 times .

Erie (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Erie Housing Market Forecast with Real Estate Prices for 2025
August 2025 172151 157002 187300
September 2025 172427 157426 187428
October 2025 173303 161519 185088
November 2025 173362 156893 189831
December 2025 173188 156909 189468
Erie Housing Market Forecast with Real Estate Prices for 2026
January 2026 172620 156912 188329
February 2026 172983 159317 186648
March 2026 174048 164650 183447
April 2026 175120 164963 185277
May 2026 176199 166860 185537
June 2026 177284 166824 187744
July 2026 178376 160717 196035
August 2026 179475 166732 192218
September 2026 180580 163786 197374
October 2026 180996 171403 190589
November 2026 180612 169956 191268
December 2026 179822 164717 194927
Erie Housing Market Forecast with Real Estate Prices for 2027
January 2027 179236 169378 189094
February 2027 180085 165318 194852
March 2027 181194 164887 197501
April 2027 182310 164444 200177
May 2027 183152 166302 200001
June 2027 182859 173350 192367
July 2027 182438 164194 200682
August 2027 181965 166498 197432
September 2027 182891 172100 193681
October 2027 183542 172897 194188
November 2027 183856 173744 193968
December 2027 184140 169593 198687
Erie Housing Market Forecast with Real Estate Prices for 2028
January 2028 183767 169801 197733
February 2028 183203 166898 199508
March 2028 182402 173282 191522
April 2028 181799 169800 193798
May 2028 181707 166080 197334
June 2028 182826 169480 196173
July 2028 183953 173099 194806
August 2028 185086 167688 202484
September 2028 185144 169962 200325
October 2028 184944 172923 196966
November 2028 184136 165906 202365
December 2028 183330 173247 193414
Erie Housing Market Forecast with Real Estate Prices for 2029
January 2029 182529 169569 195488
February 2029 183596 171663 195530
March 2029 184727 169026 200429
April 2029 185865 170624 201106
May 2029 187010 168683 205337
June 2029 188162 177249 199075
July 2029 189321 172850 205792
August 2029 190487 174677 206298
September 2029 190841 176337 205345
October 2029 190931 178903 202960
November 2029 190991 178958 203023
December 2029 191415 174954 207877
Erie Housing Market Forecast with Real Estate Prices for 2030
January 2030 191722 172550 210894
February 2030 192697 179208 206186
March 2030 192762 178498 207026
April 2030 192569 180822 204316
May 2030 191937 179461 204413
June 2030 192340 173299 211382
July 2030 193525 179204 207846
August 2030 194717 178555 210878
September 2030 195916 180831 211002
October 2030 197123 187070 207176
November 2030 198337 181280 215394
December 2030 199559 188184 210934
Erie Housing Market Forecast with Real Estate Prices for 2031
January 2031 200788 189143 212434
February 2031 201250 185955 216545
March 2031 200823 186565 215082
April 2031 199945 182550 217341
May 2031 199294 180560 218027
June 2031 200237 183217 217257
July 2031 201471 183943 218998
August 2031 202711 184670 220753
September 2031 203647 185319 221975
October 2031 203322 190106 216537
November 2031 202854 188857 216851
December 2031 202328 186141 218514
Erie Housing Market Forecast with Real Estate Prices for 2032
January 2032 203357 190139 216575
February 2032 204082 188980 219184
March 2032 204430 188485 220376
April 2032 204746 185910 223583
May 2032 204331 193910 214752
June 2032 203704 186797 220612
July 2032 202814 191253 214374

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.