Housing Prices in Erie, MI
How much do homes in Erie, MI cost?
Median List Price
$188,000
$138/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Summary: The median home list price in Erie was $188,000 in April 2024, down 1.7% from the previous year, and the median price per square foot was $138.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $39.9K | $154.9K | +288.2% |
2 Bedrooms | $154.9K | $140K | -9.6% |
3 Bedrooms | $193.5K | $200K | +3.4% |
4 Bedrooms | $250K | $259.9K | +4.0% |
5+ Bedrooms | $181.7K | - | N/A |
Summary: Erie housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 288.2%, 2 bedroom homes decreased by 9.6%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 4%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
Luna Pier | $154.9K | $167K | +7.8% |
Temperance | $251.1K | $254.9K | +1.5% |
Washington Township | $175K | $173.4K | -0.9% |
Erie | $191.2K | $188K | -1.7% |
Erie Township | $191.2K | $183.9K | -3.8% |
Housing Supply in Erie, MI
How many homes are available in Erie, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 7 | -22.2% |
Summary: The Erie real estate market had 7 homes for sale in April 2024, a 22.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 7 | 6 | -14.3% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Erie housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Erie, MI
How long does it take to sell a home in Erie, MI?
Average Listing Age
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
80 Days | 67 Days | -16.5% |
Summary: Homes in Erie had an average listing age of 67 days in Apr 2024, down by 16.5% compared to the previous year.