Current Price

$212,212

1 Month Forecast

â–² $225,571

1-Year Forecast *

â–² $245,676

5-Year Forecast *

â–² $286,438

"Is it a good time to buy homes in Erwin?" "Does investing in real estate in Erwin (Tennessee State, Unicoi County) worth it?" According to our live Forecast System, buying a house in Erwin is a good short-term (1-year) investment*. The Erwin average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Erwin" 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 Erwin in Tennessee State, Unicoi County. If you are looking for homes for sale with good flipping profit, Erwin can be a profitable property investment option. The median price of an average house in Erwin was 212,212 USD on 2026-02-15. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Erwin" area is 286,438 USD by 2031-02-15. For a 5-year investment the profit is expected to be around +34.98% meaning that investing 100000 USD today may yield a profit of 34,977 USD by 2031.

Current Median Listing Price: 212,212 USD Median Listing Price Per Square Foot: 118 USD

Erwin 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.

Erwin (Tennessee 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.

Erwin Price Target

Erwin median home price target in 12 months: $245,676* (upside of 15.8%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $227,900 $223,827 $223,827 $228,085
2024 $204,620 $212,212 $204,620 $216,307
2023 $180,730 $203,536 $180,730 $203,536
2022 $175,938 $180,938 $175,938 $184,096
2021 $146,054 $172,106 $146,054 $172,106
2020 $133,127 $145,013 $133,127 $145,013
2019 $121,342 $132,806 $121,342 $132,806
2018 $112,872 $120,187 $112,872 $120,187
2017 $111,987 $112,579 $107,715 $112,579
2016 $106,306 $112,070 $106,306 $112,070
2015 $101,412 $105,219 $101,412 $105,219
2014 $98,193 $100,940 $98,193 $101,224
2013 $94,089 $97,890 $93,879 $97,890
2012 $95,300 $94,572 $94,572 $96,677

Questions & Answers about the Erwin Housing Market Forecast

How much does an average home cost in Erwin today?

The value of an average home (the listing price) in Erwin is $212,212 USD.

What is the average price per square foot in Erwin?

According to Walletinvestor the median price per square foot in Erwin is 118 USD.

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

Yes. The Erwin home prices may rise from 212,212 USD to 245,676 USD in one year.

Is it profitable to invest in Erwin homes?

Yes. The long-term profit potential is +15.77% in one year.

Will Erwin house prices fall / drop?

No. See above.

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

The predicted home sales price of a Erwin home in 2030 in Erwin is 276,260 USD.

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

The predicted home sales price of a Erwin home in 2035 in Erwin is 333,963 USD.

Will real estate prices decrease in Erwin?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Erwin is the 4858. largest city in the United States, located in Tennessee State.

During the last 12 months the real estate prices in Unicoi, Erwin decreased, looking at the past 12 months.

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

Median home values decreased by 6.959% to 212,212 USD, between 2025-02-15 and 2026-02-15

The average annual profit of property investment was:

  • 14.429% in 2021
  • 16.299% in 2022
  • 15.049% in 2023
  • 16.369% in 2024
  • 14.169% in 2025
  • 17.689% in 2026

Based on our Erwin real estate market research and report the predicted sales prices will increase by 332.446% in the next 10 years.

Over the last 12 months, the value of homes in Erwin fluctuated: decreasing 5 times.

Erwin (Tennessee) 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
Erwin Housing Market Forecast with Real Estate Prices for 2025
August 2025 225571 210006 241135
September 2025 227328 207778 246879
October 2025 229100 207793 250406
November 2025 230885 208720 253050
December 2025 232684 220352 245016
Erwin Housing Market Forecast with Real Estate Prices for 2026
January 2026 234497 219489 249505
February 2026 236324 218364 254285
March 2026 238166 216016 260315
April 2026 240021 221300 258743
May 2026 241892 226411 257373
June 2026 243777 224274 263279
July 2026 245676 224794 266559
August 2026 247590 235211 259970
September 2026 249174 229739 268610
October 2026 249729 228003 271455
November 2026 251047 231967 270126
December 2026 251281 234194 268368
Erwin Housing Market Forecast with Real Estate Prices for 2027
January 2027 251051 233979 268122
February 2027 249896 228155 271637
March 2027 248877 228967 268788
April 2027 247733 235098 260367
May 2027 247118 223889 270347
June 2027 246835 228569 265100
July 2027 247610 224582 270637
August 2027 249539 235066 264012
September 2027 251484 233628 269339
October 2027 253443 230887 276000
November 2027 255418 232686 278150
December 2027 257408 234756 280060
Erwin Housing Market Forecast with Real Estate Prices for 2028
January 2028 259414 245665 273163
February 2028 261435 235815 287056
March 2028 263472 244766 282179
April 2028 265525 251718 279333
May 2028 267290 242967 291613
June 2028 268713 246142 291285
July 2028 269948 249432 290464
August 2028 272052 247567 296536
September 2028 274172 259915 288429
October 2028 276308 253374 299242
November 2028 278461 256463 300459
December 2028 278825 260980 296670
Erwin Housing Market Forecast with Real Estate Prices for 2029
January 2029 277953 260442 295464
February 2029 276860 262463 291257
March 2029 275967 256925 295008
April 2029 274698 253546 295849
May 2029 273902 256646 291158
June 2029 276036 258646 293427
July 2029 276260 251950 300571
August 2029 275689 252256 299123
September 2029 274448 248101 300795
October 2029 273186 246687 299685
November 2029 271937 256436 287437
December 2029 271290 250130 292451
Erwin Housing Market Forecast with Real Estate Prices for 2030
January 2030 273404 256727 290082
February 2030 275535 255972 295098
March 2030 277682 253523 301840
April 2030 279845 260816 298875
May 2030 282026 258336 305716
June 2030 284224 268307 300140
July 2030 286438 257794 315082
August 2030 288670 264422 312918
September 2030 290919 263282 318557
October 2030 293186 272956 313416
November 2030 295471 266810 324132
December 2030 297773 270080 325466
Erwin Housing Market Forecast with Real Estate Prices for 2031
January 2031 300093 281788 318399
February 2031 302013 276946 327080
March 2031 302685 279076 326295
April 2031 304283 284200 324365
May 2031 304567 281115 328018
June 2031 304288 287856 320719
July 2031 302888 274720 331057
August 2031 301653 284459 318848
September 2031 300266 277146 323387
October 2031 299521 274960 324082
November 2031 299177 281825 316530
December 2031 300117 284811 315423
Erwin Housing Market Forecast with Real Estate Prices for 2032
January 2032 302455 286728 318183
February 2032 304812 288962 320662
March 2032 307187 278312 336063
April 2032 309581 292864 326298
May 2032 311993 285474 338513
June 2032 314424 291471 337377
July 2032 316874 285504 348245

> 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.