Current Price

$317,513

1 Month Forecast

â–² $326,673

1-Year Forecast *

â–² $338,863

5-Year Forecast *

â–² $375,580

"Is it a good time to buy homes in Erhard?" "Does investing in real estate in Erhard (Minnesota State, Otter Tail County) worth it?" According to our live Forecast System, buying a house in Erhard is a acceptable short-term (1-year) investment*. The Erhard average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Erhard" 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 Erhard in Minnesota State, Otter Tail County. If you are looking for homes for sale with good flipping profit, Erhard can be a profitable property investment option. The median price of an average house in Erhard was 317,513 USD on 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Erhard" area is 375,580 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +18.29% meaning that investing 100000 USD today may yield a profit of 18,288 USD by 2031.

Current Median Listing Price: 317,513 USD Median Listing Price Per Square Foot: 176 USD

Erhard 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.

Erhard (Minnesota 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.

Erhard Price Target

Erhard median home price target in 12 months: $338,863* (upside of 6.7%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $325,324 $325,193 $323,877 $325,324
2024 $304,656 $317,513 $303,453 $319,161
2023 $284,614 $305,339 $284,614 $305,339
2022 $267,932 $285,287 $267,932 $289,829
2021 $241,771 $265,096 $241,771 $265,096
2020 $217,578 $238,777 $216,995 $238,777
2019 $202,831 $217,994 $202,831 $217,994
2018 $190,487 $201,900 $190,487 $201,900
2017 $180,516 $189,791 $180,516 $189,791
2016 $169,228 $178,748 $169,228 $178,748
2015 $157,185 $166,776 $157,185 $166,776
2014 $154,412 $156,347 $154,412 $156,477
2013 $150,946 $154,060 $147,816 $154,060
2012 $143,252 $149,858 $143,126 $149,858

Questions & Answers about the Erhard Housing Market Forecast

How much does an average home cost in Erhard today?

The value of an average home (the listing price) in Erhard is $317,513 USD.

What is the average price per square foot in Erhard?

According to Walletinvestor the median price per square foot in Erhard is 176 USD.

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

Yes. The Erhard home prices may rise from 317,513 USD to 338,863 USD in one year.

Is it profitable to invest in Erhard homes?

Yes. The long-term profit potential is +6.72% in one year.

Will Erhard house prices fall / drop?

No. See above.

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

The predicted home sales price of a Erhard home in 2030 in Erhard is 365,559 USD.

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

The predicted home sales price of a Erhard home in 2035 in Erhard is 421,769 USD.

Will real estate prices decrease in Erhard?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Erhard is the 18441. largest city in the United States, located in Minnesota State.

During the last 12 months the real estate prices in Otter Tail, Erhard decreased, looking at the past 12 months.

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

Median home values decreased by 1.977% to 317,513 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 5.034% in 2021
  • 7.094% in 2022
  • 5.654% in 2023
  • 6.074% in 2024
  • 4.924% in 2025
  • 5.514% in 2026

Based on our Erhard real estate market research and report the predicted sales prices will increase by 91.703% in the next 10 years.

Over the last 12 months, the value of homes in Erhard fluctuated: increasing 3 times and decreasing 1 times.

Erhard (Minnesota) 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
Erhard Housing Market Forecast with Real Estate Prices for 2025
August 2025 326673 300539 352806
September 2025 328159 295999 360318
October 2025 329652 306246 353057
November 2025 331151 304328 357974
December 2025 332088 306849 357326
Erhard Housing Market Forecast with Real Estate Prices for 2026
January 2026 331288 301803 360772
February 2026 331289 312737 349841
March 2026 332796 299517 366076
April 2026 334280 317566 350994
May 2026 335801 303564 368038
June 2026 337328 310679 363977
July 2026 338863 320225 357500
August 2026 340404 312832 367977
September 2026 341953 323487 360418
October 2026 343509 309845 377172
November 2026 345071 320916 369226
December 2026 346641 324109 369173
Erhard Housing Market Forecast with Real Estate Prices for 2027
January 2027 346225 325798 366652
February 2027 345391 323286 367496
March 2027 344559 320440 368678
April 2027 343729 323449 364009
May 2027 342918 314799 371037
June 2027 343378 311100 375656
July 2027 344940 310791 379089
August 2027 346509 325372 367646
September 2027 348086 330333 365838
October 2027 349669 324143 375195
November 2027 351260 322456 380063
December 2027 352858 327452 378263
Erhard Housing Market Forecast with Real Estate Prices for 2028
January 2028 354428 333517 375340
February 2028 354993 332629 377358
March 2028 356528 324084 388972
April 2028 357004 339154 374854
May 2028 356205 335901 376509
June 2028 355347 331894 378800
July 2028 355608 326448 384768
August 2028 357226 332577 381874
September 2028 358851 329784 387918
October 2028 360483 325877 395089
November 2028 362123 337861 386385
December 2028 363770 341944 385597
Erhard Housing Market Forecast with Real Estate Prices for 2029
January 2029 365425 343134 387716
February 2029 366671 347971 385371
March 2029 365788 341646 389930
April 2029 365200 329775 400624
May 2029 366861 345583 388139
June 2029 366441 344088 388794
July 2029 365559 331196 399921
August 2029 365514 343583 387445
September 2029 365642 335294 395990
October 2029 365717 329877 401557
November 2029 367000 330667 403333
December 2029 368669 335858 401481
Erhard Housing Market Forecast with Real Estate Prices for 2030
January 2030 370347 342941 397752
February 2030 372031 338176 405886
March 2030 373724 351674 395773
April 2030 374781 350420 399141
May 2030 373878 336490 411266
June 2030 373879 343969 403790
July 2030 375580 345909 405251
August 2030 377255 348961 405549
September 2030 378971 352064 405878
October 2030 380695 351762 409628
November 2030 382427 348773 416080
December 2030 384166 364958 403375
Erhard Housing Market Forecast with Real Estate Prices for 2031
January 2031 385914 353497 418331
February 2031 387670 365960 409379
March 2031 389433 355163 423703
April 2031 391205 367733 414677
May 2031 390736 353616 427855
June 2031 389794 367966 411623
July 2031 388855 360080 417631
August 2031 387919 356497 419340
September 2031 387003 364557 409450
October 2031 387522 352258 422787
November 2031 389285 366317 412253
December 2031 391056 363291 418821
Erhard Housing Market Forecast with Real Estate Prices for 2032
January 2032 392835 366908 418762
February 2032 394622 374496 414748
March 2032 396417 369065 423770
April 2032 398221 369151 427291
May 2032 399993 377194 422793
June 2032 400631 368981 432281
July 2032 402363 381440 423286

> 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.