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Local News

A Quick Look Into Home Prices in Erie

Credit: iStock

As predicted, the housing market in Erie has been increasingly competitive in 2022. Demand is high but the market is scarce, and these trends are reflected in housing prices.

According to Redfin.com, In February 2022, Erie home prices were up 42.0% compared to last year, selling for a median price of $795K.

On average, homes in Erie sell after 10 days on the market compared to 7 days last year. There were 35 homes sold in February this year, equal to the 35 sold in February of last year.