In the city of Erie, MI (48133), the median value of housing is $183,600. This is considerably lower than the US median value of $338,100. However, the area has experienced strong house appreciation over the past year at 8.47%, which is just above the national average of 8.27%. This indicates a healthy real estate market in Erie and suggests that housing values may continue to rise in the near future.
The median home cost in Erie (zip 48133) is $183,600. Home appreciation the last 10 years has been 109.8%. Home Appreciation in Erie (zip 48133) is up 13.1%.
Average Age of Homes
- The median age of Erie (zip 48133) real estate is 45 years old
The Rental Market in Erie (zip 48133)
- Renters make up 15.7% of the Erie (zip 48133) population
- 0.0% of houses and apartments in Erie (zip 48133), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.