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Today: September 22, 2025

Current Price

$181,256

1 Month Forecast

$201,310

1-Year Forecast *

$216,017

5-Year Forecast *

$273,646

"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 2025-09-22. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Erie" area is 273,646 USD by 2030-09-22. For a 5-year investment the profit is expected to be around +50.97% meaning that investing 100000 USD today may yield a profit of 50,972 USD by 2030.

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: 2025-2031

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: $216,017* (upside of 19.2%)

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 $104,361 $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 216,017 USD in one year.

Is it profitable to invest in Erie homes?

Yes. The long-term profit potential is +19.18% 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 273,646 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 374,542 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 increased, 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 increased by 2.358% to 181,256 USD, between 2024-09-22 and 2025-09-22

The average annual profit of property investment was:

  • 20.428% in 2020
  • 17.588% in 2021
  • 19.988% in 2022
  • 18.088% in 2023
  • 20.118% in 2024
  • 17.518% in 2025

Based on our Erie real estate market research and report the predicted sales prices will increase by 478.038% in the next 10 years.

Over the last 12 months, the value of homes in Erie fluctuated: increasing 10 times .

Erie (Pennsylvania) 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
Erie Housing Market Forecast with Real Estate Prices for 2025
August 2025 201310 190641 211979
September 2025 202700 190740 214659
October 2025 204099 187975 220223
November 2025 205508 187218 223798
December 2025 206927 194718 219135
Erie Housing Market Forecast with Real Estate Prices for 2026
January 2026 208355 191270 225440
February 2026 209793 191961 227626
March 2026 211242 191596 230887
April 2026 212700 195897 229503
May 2026 214168 195107 233229
June 2026 215647 196454 234839
July 2026 216017 203704 228330
August 2026 215947 203422 228472
September 2026 216242 202619 229865
October 2026 217064 205560 228568
November 2026 218562 201296 235829
December 2026 220071 202906 237237
Erie Housing Market Forecast with Real Estate Prices for 2027
January 2027 221590 203863 239318
February 2027 223120 202593 243647
March 2027 224660 204441 244880
April 2027 226211 214901 237522
May 2027 227773 207957 247589
June 2027 228254 216841 239667
July 2027 228181 213577 242785
August 2027 228756 215259 242252
September 2027 230014 218283 241745
October 2027 231390 214036 248745
November 2027 232603 215158 250048
December 2027 233365 215863 250868
Erie Housing Market Forecast with Real Estate Prices for 2028
January 2028 233780 215077 252482
February 2028 234084 217932 250236
March 2028 235190 218961 251418
April 2028 236813 223315 250312
May 2028 238448 222949 253947
June 2028 240094 218005 262183
July 2028 241752 217818 265685
August 2028 243420 219322 267519
September 2028 244951 223885 266017
October 2028 246316 230552 262081
November 2028 247639 223370 271908
December 2028 249349 229650 269047
Erie Housing Market Forecast with Real Estate Prices for 2029
January 2029 251070 232491 269649
February 2029 252803 237129 268477
March 2029 254548 232912 276185
April 2029 256306 233238 279373
May 2029 257205 233799 280610
June 2029 257280 240814 273746
July 2029 257398 232688 282109
August 2029 258425 242920 273931
September 2029 260209 245117 275301
October 2029 262006 235805 288206
November 2029 263814 241126 286502
December 2029 265561 241926 289195
Erie Housing Market Forecast with Real Estate Prices for 2030
January 2030 266224 246523 285924
February 2030 266567 251639 281494
March 2030 267073 240633 293513
April 2030 268128 241852 294405
May 2030 269907 249933 289880
June 2030 271770 254920 288620
July 2030 273646 250933 296359
August 2030 275535 248533 302537
September 2030 277437 253855 301019
October 2030 279352 260356 298348
November 2030 281281 253997 308565
December 2030 283223 255467 310978
Erie Housing Market Forecast with Real Estate Prices for 2031
January 2031 285178 258941 311414
February 2031 287146 271353 302940
March 2031 289129 273227 305031
April 2031 291125 264050 318199
May 2031 291624 263045 320203
June 2031 291530 271706 311354
July 2031 291928 262735 321121
August 2031 293038 264613 321463
September 2031 295061 272341 317780
October 2031 297098 277786 316409
November 2031 299149 276413 321884
December 2031 301214 276514 325913
Erie Housing Market Forecast with Real Estate Prices for 2032
January 2032 303293 287522 319064
February 2032 305387 280345 330429
March 2032 307495 286585 328405
April 2032 308145 283801 332488
May 2032 308046 283094 332998
June 2032 308822 282263 335381
July 2032 310520 279468 341573
August 2032 312379 284577 340180
September 2032 314016 290465 337567
October 2032 315045 292046 338043
November 2032 315604 296983 334225
December 2032 316015 286626 345404
Erie Housing Market Forecast with Real Estate Prices for 2033
January 2033 317508 292107 342908
February 2033 319699 297001 342398
March 2033 321906 291969 351844
April 2033 324129 304357 343901
May 2033 326366 303847 348886
June 2033 328619 306930 350308
July 2033 330686 299932 361439

> 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.