Current Price

$107,223

1 Month Forecast

â–² $107,929

1-Year Forecast *

â–² $109,879

5-Year Forecast *

â–² $109,979

"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 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Ermine" area is 109,979 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +2.57% meaning that investing 100000 USD today may yield a profit of 2,570 USD by 2031.

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: 2026-2032

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: $109,879* (upside of 2.5%)

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

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 109,879 USD in one year.

Is it profitable to invest in Ermine homes?

Yes. The long-term profit potential is +2.48% 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 107,208 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 109,950 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 remained stable, 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 remained unchanged to 107,223 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 1.277% in 2021
  • 2.007% in 2022
  • 2.837% in 2023
  • 4.267% in 2024
  • 0.497% in 2025
  • 3.367% in 2026

Based on our Ermine real estate market research and report the predicted sales prices will increase by 27.728% in the next 10 years.

Ermine (Kentucky) 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
Ermine Housing Market Forecast with Real Estate Prices for 2025
January 2025 107929 97676 118182
February 2025 108640 101253 116028
March 2025 109241 101704 116779
April 2025 108770 98654 118885
May 2025 108011 99154 116868
June 2025 107258 96746 117769
July 2025 106509 98628 114391
August 2025 107031 101251 112810
September 2025 107736 99440 116032
October 2025 108446 97818 119073
November 2025 109160 100100 118220
December 2025 109879 102188 117571
Ermine Housing Market Forecast with Real Estate Prices for 2026
January 2026 110603 102861 118345
February 2026 111332 100978 121686
March 2026 112065 102540 121591
April 2026 112803 105697 119910
May 2026 113547 106620 120473
June 2026 114161 108339 119983
July 2026 113994 108180 119807
August 2026 113599 103034 124163
September 2026 112806 106038 119575
October 2026 112019 106082 117956
November 2026 111238 104341 118135
December 2026 111254 104690 117818
Ermine Housing Market Forecast with Real Estate Prices for 2027
January 2027 111987 103252 120722
February 2027 112283 104311 120255
March 2027 111500 103583 119416
April 2027 110722 102307 119137
May 2027 109950 102803 117096
June 2027 109183 99902 118463
July 2027 108421 99856 116986
August 2027 107665 97114 118216
September 2027 106914 97826 116001
October 2027 106304 98756 113851
November 2027 106229 97199 115258
December 2027 106928 96877 116980
Ermine Housing Market Forecast with Real Estate Prices for 2028
January 2028 107633 101928 113337
February 2028 108102 98589 117615
March 2028 107979 98369 117589
April 2028 107587 100378 114795
May 2028 107910 97227 118593
June 2028 107460 97466 117454
July 2028 106710 96893 116527
August 2028 105966 97700 114231
September 2028 105226 98597 111856
October 2028 105920 95540 116300
November 2028 106618 98621 114614
December 2028 107208 97023 117392
Ermine Housing Market Forecast with Real Estate Prices for 2029
January 2029 106745 96497 116992
February 2029 106000 98898 113102
March 2029 105261 95893 114629
April 2029 104526 95119 113934
May 2029 105038 95690 114386
June 2029 105730 100444 111017
July 2029 106427 97167 115686
August 2029 107128 96951 117305
September 2029 107833 97266 118401
October 2029 108544 98666 118421
November 2029 109259 103359 115159
December 2029 109979 100411 119547
Ermine Housing Market Forecast with Real Estate Prices for 2030
January 2030 110703 101072 120334
February 2030 111433 103409 119456
March 2030 112036 101056 123015
April 2030 111871 102810 120933
May 2030 111484 103568 119399
June 2030 110706 100410 121002
July 2030 109934 104217 115650
August 2030 109167 101416 116918
September 2030 109183 100666 117699
October 2030 109902 101000 118804
November 2030 110193 104353 116033
December 2030 109424 101217 117631
Ermine Housing Market Forecast with Real Estate Prices for 2031
January 2031 108661 103119 114202
February 2031 107903 101536 114269
March 2031 107150 96971 117329
April 2031 106402 97571 115234
May 2031 105660 100166 111155
June 2031 104923 97893 111953
July 2031 104324 94518 114131
August 2031 104251 97787 110714
September 2031 104938 96648 113228
October 2031 105629 97179 114079
November 2031 106089 98663 113515
December 2031 105968 98763 113174

> 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.