Erie, IL Real Estate Market Summary – September 7, 2026
The real estate market in Erie, IL shows that three homes were sold in the last month, with homes leaving the market at a pace of one every 10 days. The average living area of the sold homes was approximately 2,278 square feet, with a median size of 1,800 square feet.
| Metric | 30 Days |
|---|---|
| Number Sold | 3 |
| Sold Per Day | 1 every 10.00 days |
| Average SQFT | 2278 |
| Median Sales Price | $155,000 |
| Average Sales Price | $162,667 |
| Average Price Per SQFT | $75 |
| Average Days on Market | 14 |
| Average Year Built | 1956 |
Erie, IL Single Family Home Analysis
In the single-family segment, three homes were sold within the same timeframe, matching the overall market activity. The average sale price for these homes was about $162,667, while the median sale price was approximately $155,000.
| Metric | 30 Days |
|---|---|
| Number Sold | 3 |
| Sold Per Day | 1 every 10.00 days |
| Average SQFT | 2278 |
| Median Sales Price | $155,000 |
| Average Sales Price | $162,667 |
| Average Price Per SQFT | $75 |
| Average Days on Market | 14 |
| Average Year Built | 1956 |
Erie, IL Condo & Townhome Analysis
There is no market data available for that home type at this time.
Buyer & Seller Analysis
- 1 home sold approximately every 10 days
- Average days on market stood at 14 days
- Median sale price was around $155,000
- No activity reported in the condo/Townhome segment
Conclusion
Overall, the Erie, IL market has seen limited activity in the past month, with sales concentrated in single-family homes. The lack of transactions in the condo and townhome sector reflects a less diverse market for potential buyers.