Erie County, OH Home Values & Market Trends

The median home price in Erie County, OH is $168,402.77. There were 1,614 home sales in Erie County, OH over the past 12 months. The median residential Erie County, OH home value for transactions over the previous year is $83,595. The number of current listings in Erie County, OH is 44, and the percentage of properties for sale is 44.00%. The county has 79 foreclosures, 9 bank owned properties, 10 headed for auction, and 44 properties for sale.

Erie County, OH Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Sandusky

$ 101,500

$ 93/sqft

Kelleys Island

$ 258,606

$ 195/sqft

Castalia

$ 192,095

$ 94/sqft

Milan

$ 285,638

$ 124/sqft

Huron

$ 269,750

$ 161/sqft

Berlin Heights

$ 91,251

$ 62/sqft

Vermilion

$ 207,164

$ 117/sqft

Housing Market Summary for Erie County, OH

Apr 2023March 2024Change
Median Listing Price$189.9K$171.2K-9.84%
Median Sold Price$184.8K$171.2K-7.35%
Homes For Sale394515.38%
Homes Sold7151,02343.08%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Erie County, OH

Erie County, OH home values range from $17,646 to $7,466,319. Kelleys Island is the priciest city with a median listing home price of $1,073,250, and Berlin Heights is most affordable with average house prices of around $149,000.

Foreclosure
There are 7 cities within Erie County, OH; within these cities, the median estimated home value for homes in foreclosure ranges from $266,235 in Sandusky to the lowest value of $43,872 in Sandusky. Foreclosure homes account for 0.00% of properties in Erie County, OH with Sandusky containing 50 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.19% of all residential properties in Erie County, OH with Sandusky containing 36 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 7 cities within Erie County, OH; of those cities, the estimated home value for pre-foreclosure homes ranges from $351,772 in Milan to the lowest home value of $43,872 in Sandusky.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Erie County, OH ranges from the highest value of $169,819 in Vermilion to the lowest value of $60,491 in Sandusky. Bank owned homes and properties account for 0.03% of properties in Erie County, OH. There are 7 cities within Erie County, OH; Sandusky containing 8 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Sandusky has 6 auction properties, the highest number of properties going to auction in a single city in the state of Erie County, OH. Auction homes and other auction properties account for 0.03% of all properties in Erie County, OH. There are 7 cities within Erie County, OH; of those cities, the median estimated home value for homes going to auction ranges from $133,000 in Vermilion to the lowest value of $75,424 in Vermilion.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.14% of residential properties in Erie County, OH with Sandusky containing 27 homes for sale, the highest number of listed properties in a single city. There are 7 cities within Erie County, OH; homes for sale in those cities, have a range of median values from $285,638 in Milan to the lowest value of $30,417 in Sandusky.
    Sold Homes
    The median value for recently sold homes ranges from $647,430 in Castalia to the lowest price of $20,280 in Castalia. There are 7 cities within Erie County, OH. Sandusky has 505 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.48% of properties in Erie County, OH.

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      Guide for Erie County, OH

      New York
      Buffalo Real Estate Market Soars in 2023
      Market Reports
      Toledo Real Estate Market Analysis March 2024
      Market Reports
      Columbus Real Estate Market Grows: Values Increases 4% April 2023 to February 2024
      Market Reports
      Cincinnati Real Estate Market Show Consistent Growth in 2023
      See More Articles
      Buffalo Real Estate Market Soars in 2023
      New York|posted 19 January 2024

      An increase is house prices but a slowdown of homes sold in September

      Toledo Real Estate Market Analysis March 2024
      Market Reports|posted 14 March 2024

      Property values in Toledo’s real estate market fluctuated in recent months, recent trend data shows.

      Columbus Real Estate Market Grows: Values Increases 4% April 2023 to February 2024
      Market Reports|posted 7 March 2024

      Columbus, Ohio, hosts a steadily growing and robust real estate market, characterized by increasing property values, a consistent number of sales, and diverse neighborhood options.

      Cincinnati Real Estate Market Show Consistent Growth in 2023
      Market Reports|posted 28 February 2024

      Cincinnati’s real estate market has showcased promising growth in 2023, marked by an increase in property values and prices per square foot.