Housing · Erie
Erie, IL housing market
The typical Erie home is worth about $176,000, up 5% in a year, 41% below the Illinois typical home.
Home values, sales, trends and how Erie compares with the towns next door — updated as new data is published.
The market right now
Erie at a glance
Typical home value
$176K
▲ 5% in a year · Zillow
Ten-year trend
Typical home value, 2016–2026
ErieIllinois
Show as a table
| January | Erie | Illinois |
|---|---|---|
| 2017 | $123,000 | $181,000 |
| 2018 | $126,000 | $190,000 |
| 2019 | $113,000 | $195,000 |
| 2020 | $128,000 | $200,000 |
| 2021 | $139,000 | $215,000 |
| 2022 | $146,000 | $236,000 |
| 2023 | $154,000 | $248,000 |
| 2024 | $153,000 | $263,000 |
| 2025 | $160,000 | $278,000 |
| 2026 | $177,000 | $290,000 |
| August 2026 | $176,000 | $298,000 |
Next door
Erie and its neighbors
The towns that share a border. Tap one to see its housing page.
Affordability
2.1 years of income
The typical Erie home costs about 2.1 years of the town's median household income, less than across Illinois (3.6 years).
Home value ÷ ACS median household income.
The homes
Owners, rent & taxes
Homeownership
75.1%
Illinois: 67.1%
Median tax bill
$2,407
Illinois: $5,298
Median rent
$800
Illinois: $1,274
Typical home built
1971
Illinois: 1971
U.S. Census Bureau, ACS 2020-2024.
On the market
Recent listings in Erie
Listed in the past 60 days. Each opens on the listing site.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.