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Today: September 23, 2025

Current Price

$107,223

1 Month Forecast

$108,009

1-Year Forecast *

$111,869

5-Year Forecast *

$117,626

"Is it a good time to buy homes in Ermine?" "Does investing in real estate in Ermine (Kentucky State, Letcher County) worth it?" According to our live Forecast System, buying a house in Ermine is a not so good short-term (1-year) investment*. The Ermine average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Ermine" 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 Ermine in Kentucky State, Letcher County. If you are looking for homes for sale with good flipping profit, Ermine can be a profitable property investment option. The median price of an average house in Ermine was 107,223 USD on 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Ermine" area is 117,626 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +9.70% meaning that investing 100000 USD today may yield a profit of 9,703 USD by 2030.

Current Median Listing Price: 107,223 USD Median Listing Price Per Square Foot: 60 USD

Ermine 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.

Ermine (Kentucky State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2025-2031

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

Ermine Price Target

Ermine median home price target in 12 months: $111,869* (upside of 4.3%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2024 $108,410 $107,223 $107,223 $111,631
2023 $125,098 $109,032 $109,032 $125,383
2022 $114,733 $126,926 $114,733 $128,832
2021 $110,080 $112,192 $110,080 $115,470
2020 $90,639 $109,640 $90,634 $109,640
2019 $90,805 $91,192 $90,755 $91,857
2018 $92,757 $90,460 $90,280 $92,757
2017 $87,636 $92,668 $87,636 $92,668
2016 $0 $87,335 $0 $87,335
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0
2011 $0 $0 $0 $0

Questions & Answers about the Ermine Housing Market Forecast

How much does an average home cost in Ermine today?

The value of an average home (the listing price) in Ermine is $107,223 USD.

What is the average price per square foot in Ermine?

According to Walletinvestor the median price per square foot in Ermine is 60 USD.

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

Yes. The Ermine home prices may rise from 107,223 USD to 111,869 USD in one year.

Is it profitable to invest in Ermine homes?

Yes. The long-term profit potential is +4.33% in one year.

Will Ermine house prices fall / drop?

No. See above.

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

The predicted home sales price of a Ermine home in 2030 in Ermine is 117,626 USD.

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

The predicted home sales price of a Ermine home in 2035 in Ermine is 122,523 USD.

Will real estate prices decrease in Ermine?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Ermine is the 22513. largest city in the United States, located in Kentucky State.

During the last 12 months the real estate prices in Letcher, Ermine decreased, looking at the past 12 months.

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

Median home values decreased by 3.375% to 107,223 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 5.833% in 2020
  • 3.053% in 2021
  • 3.403% in 2022
  • 3.753% in 2023
  • 5.243% in 2024
  • 2.643% in 2025

Based on our Ermine real estate market research and report the predicted sales prices will increase by 52.840% in the next 10 years.

Over the last 12 months, the value of homes in Ermine fluctuated: decreasing 3 times.

Ermine (Kentucky) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Ermine Housing Market Forecast with Real Estate Prices for 2025
January 2025 108009 102501 113518
February 2025 108802 99989 117615
March 2025 109600 102586 116615
April 2025 110040 102447 117633
May 2025 110847 104307 117387
June 2025 111661 104961 118360
July 2025 112480 102244 122716
August 2025 113305 105374 121237
September 2025 113932 103337 124528
October 2025 113441 104138 122743
November 2025 112652 104541 120763
December 2025 111869 104821 118917
Ermine Housing Market Forecast with Real Estate Prices for 2026
January 2026 111092 101316 120868
February 2026 111636 102370 120901
March 2026 112455 102784 122126
April 2026 113280 102292 124268
May 2026 114111 107949 120273
June 2026 114948 108856 121040
July 2026 115791 104907 126676
August 2026 116641 109876 123406
September 2026 117497 110212 124782
October 2026 118359 111967 124750
November 2026 119227 108735 129719
December 2026 119873 112440 127305
Ermine Housing Market Forecast with Real Estate Prices for 2027
January 2027 119697 112994 126400
February 2027 119282 112602 125962
March 2027 118453 109095 127811
April 2027 117630 106220 129040
May 2027 116812 110621 123003
June 2027 116829 108184 125474
July 2027 117605 108667 126543
August 2027 117916 109073 126760
September 2027 117097 105621 128572
October 2027 116283 107446 125121
November 2027 115475 103927 127022
December 2027 114672 106645 122699
Ermine Housing Market Forecast with Real Estate Prices for 2028
January 2028 113875 103399 124352
February 2028 113084 106977 119190
March 2028 112298 102416 122180
April 2028 111657 105069 118245
May 2028 111578 104326 118831
June 2028 112397 105990 118804
July 2028 113222 103938 122506
August 2028 113715 103139 124290
September 2028 113586 106089 121082
October 2028 113173 103667 122680
November 2028 113514 102957 124070
December 2028 113040 102979 123100
Ermine Housing Market Forecast with Real Estate Prices for 2029
January 2029 112254 102937 121571
February 2029 111474 102445 120503
March 2029 110699 101511 119887
April 2029 111511 104152 118871
May 2029 112329 106713 117946
June 2029 113154 105459 120848
July 2029 113608 103497 123719
August 2029 114441 105286 123597
September 2029 115281 104329 126233
October 2029 116127 107069 125185
November 2029 116979 105749 128209
December 2029 117626 110569 124684
Ermine Housing Market Forecast with Real Estate Prices for 2030
January 2030 117119 110560 123677
February 2030 116305 107582 125027
March 2030 115496 105333 125660
April 2030 114694 108500 120887
May 2030 115255 108570 121940
June 2030 116101 106348 125853
July 2030 116952 106427 127478
August 2030 117811 110271 125350
September 2030 118675 106926 130424
October 2030 119546 110580 128512
November 2030 120423 113077 127769
December 2030 121306 114998 127614
Ermine Housing Market Forecast with Real Estate Prices for 2031
January 2031 122196 114987 129406
February 2031 123093 111645 134540
March 2031 123759 115715 131803
April 2031 123578 116904 130251
May 2031 123149 115268 131031
June 2031 122293 113244 131343
July 2031 121443 109299 133588
August 2031 120599 111313 129886
September 2031 120617 114345 126889
October 2031 121418 112433 130403
November 2031 121740 114313 129166
December 2031 120893 110013 131774
Ermine Housing Market Forecast with Real Estate Prices for 2032
January 2032 120053 112370 127737
February 2032 119219 108012 130425
March 2032 118390 111760 125020
April 2032 117567 110513 124621
May 2032 116750 107994 125507
June 2032 115939 106548 125330
July 2032 115277 104096 126459
August 2032 115196 108860 121532
September 2032 116041 108731 123352
October 2032 116893 107658 126127
November 2032 117402 110710 124094
December 2032 117268 107887 126650

> 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.