Current Price

$181,256

1 Month Forecast

â–² $201,308

1-Year Forecast *

â–² $212,612

5-Year Forecast *

â–² $272,143

"Is it a good time to buy homes in Erie?" "Does investing in real estate in Erie (Pennsylvania State, Erie 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 Pennsylvania State, Erie 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 181,256 USD on 2026-02-04. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Erie" area is 272,143 USD by 2031-02-04. For a 5-year investment the profit is expected to be around +50.14% meaning that investing 100000 USD today may yield a profit of 50,143 USD by 2031.

Current Median Listing Price: 181,256 USD Median Listing Price Per Square Foot: 101 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 (Pennsylvania 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: $212,612* (upside of 17.3%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $195,417 $199,930 $195,417 $199,930
2024 $168,221 $181,256 $168,221 $181,256
2023 $156,176 $167,323 $156,176 $167,323
2022 $142,134 $155,362 $142,134 $155,362
2021 $129,380 $140,700 $129,380 $140,700
2020 $116,078 $127,402 $116,078 $127,402
2019 $111,703 $115,983 $111,703 $115,983
2018 $112,432 $111,564 $111,564 $112,492
2017 $108,963 $112,032 $108,868 $112,032
2016 $106,498 $108,869 $106,498 $108,869
2015 $104,899 $106,279 $103,739 $106,393
2014 $106,303 $105,227 $105,227 $107,149
2013 $106,547 $106,617 $106,208 $108,792
2012 $104,336 $106,647 $104,336 $106,744

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 $181,256 USD.

What is the average price per square foot in Erie?

According to Walletinvestor the median price per square foot in Erie is 101 USD.

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

Yes. The Erie home prices may rise from 181,256 USD to 212,612 USD in one year.

Is it profitable to invest in Erie homes?

Yes. The long-term profit potential is +17.30% 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 256,510 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 344,664 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 196. largest city in the United States, located in Pennsylvania State.

During the last 12 months the real estate prices in Erie, 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 7.857% to 181,256 USD, between 2025-02-04 and 2026-02-04

The average annual profit of property investment was:

  • 16.179% in 2021
  • 17.729% in 2022
  • 15.989% in 2023
  • 15.949% in 2024
  • 18.239% in 2025
  • 18.269% in 2026

Based on our Erie real estate market research and report the predicted sales prices will increase by 393.121% in the next 10 years.

Over the last 12 months, the value of homes in Erie fluctuated: increasing 5 times .

Erie (Pennsylvania) 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 201308 184801 217815
September 2025 202695 188912 216479
October 2025 204092 192459 215726
November 2025 205499 189676 221323
December 2025 206916 193259 220572
Erie Housing Market Forecast with Real Estate Prices for 2026
January 2026 208342 195841 220842
February 2026 208699 192838 224560
March 2026 208632 192776 224488
April 2026 208917 194710 223123
May 2026 209711 194612 224810
June 2026 211156 198487 223826
July 2026 212612 196453 228770
August 2026 214077 195881 232274
September 2026 215553 203482 227624
October 2026 217038 200761 233316
November 2026 218534 206952 230117
December 2026 220041 205298 234783
Erie Housing Market Forecast with Real Estate Prices for 2027
January 2027 220506 208157 232854
February 2027 220435 199273 241597
March 2027 220990 206405 235575
April 2027 222206 206651 237760
May 2027 223535 207664 239406
June 2027 224707 210550 238863
July 2027 225443 213495 237392
August 2027 225843 209357 242330
September 2027 226137 206237 246037
October 2027 227205 206530 247881
November 2027 228771 215960 241583
December 2027 230348 213763 246933
Erie Housing Market Forecast with Real Estate Prices for 2028
January 2028 231936 212453 251419
February 2028 233535 219756 247313
March 2028 235144 217979 252310
April 2028 236623 216983 256263
May 2028 237942 220810 255074
June 2028 239220 216494 261945
July 2028 240868 225212 256525
August 2028 242529 221186 263871
September 2028 244200 229792 258608
October 2028 245883 228672 263095
November 2028 247578 228762 266394
December 2028 248447 231801 265093
Erie Housing Market Forecast with Real Estate Prices for 2029
January 2029 248519 229135 267904
February 2029 248634 224019 273248
March 2029 249626 226660 272591
April 2029 251346 235260 267432
May 2029 253079 234098 272059
June 2029 254823 235711 273935
July 2029 256510 243171 269848
August 2029 257150 234264 280037
September 2029 257482 236111 278853
October 2029 257971 243008 272933
November 2029 258990 236199 281781
December 2029 260708 237244 284171
Erie Housing Market Forecast with Real Estate Prices for 2030
January 2030 262505 247542 277467
February 2030 264314 248984 279644
March 2030 266136 252031 280241
April 2030 267970 253768 282173
May 2030 269817 253898 285736
June 2030 271677 253746 289608
July 2030 272143 255814 288472
August 2030 272055 250291 293819
September 2030 272427 255264 289590
October 2030 273462 250218 296706
November 2030 275347 247812 302882
December 2030 277245 258392 296098
Erie Housing Market Forecast with Real Estate Prices for 2031
January 2031 279156 261290 297022
February 2031 281080 259156 303004
March 2031 283017 257546 308489
April 2031 284968 266730 303206
May 2031 286932 262256 311608
June 2031 287538 262523 312554
July 2031 287446 269337 305555
August 2031 288170 266846 309495
September 2031 289755 261939 317572
October 2031 291489 274583 308396
November 2031 293017 273971 312063
December 2031 293977 265755 322199
Erie Housing Market Forecast with Real Estate Prices for 2032
January 2032 294499 266227 322771
February 2032 294882 268048 321717
March 2032 296275 273758 318792
April 2032 298317 275943 320691
May 2032 300373 274842 325905
June 2032 302444 286112 318776
July 2032 304528 275598 333459

> 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.