Is Erie, CO 80516 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Erie is a seller’s market. With about 3.4 months of supply and 18% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score48/ 100

More competitive than 49% of U.S. ZIP codes, and #85 of 239 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply3.4Under 4 months = seller’s market
Sold above original list17.7%Share of sales, last 3 months
Median sale-to-list99.1%Sold price ÷ list price
Median days on market41Listing to accepted offer
Median price per sq ft$241▼ −2.9% vs. last year

The Erie housing market right now

In the three months ending August 31, 2026, 18% of homes in Erie, CO 80516 sold above their list price, the typical home went under contract in 41 days and there were 3.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 198 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 14%, homes sold faster (43 days then) and the median sale price rose 4% to $724,686. Overall, Erie is more competitive than a year ago, so tougher for buyers.

Within Weld County, homes here sell faster than in 77% of the county’s ZIP codes, and sell more often over asking than in 65%. On our competition score, Erie ranks #85 of 239 CO ZIP codes with enough sales (score 48 out of 100).

Nearby, buyers who want less competition could look at Grover 80729 (0% sold over asking) or Roggen 80652 (0% sold over asking), while Kersey 80644 (33% sold over asking) and Evans 80620 (27% sold over asking) are even more competitive.

Nearby markets

Ault 80610Buyer’s market $283 /sq ftBriggsdale 80611Buyer’s market $250 /sq ftCarr 80612Buyer’s market $226 /sq ftDacono 80514Buyer’s market $267 /sq ft Browse all markets →

Where Erie is

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Questions about Erie real estate

Is Erie a buyer’s or seller’s market?

A seller’s market: there were 3.4 months of supply in Erie, CO 80516 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Erie?

The typical home went under contract in 41 days in the latest three months.

Do homes in Erie sell over asking?

18% of homes sold above their original list price, and the typical sale closed at 99.1% of the list price.

What are property taxes in Erie?

About 0.52% of a home’s value a year in Weld County, or roughly $2,080 on a $400,000 home.

What is the median home price in Erie?

The median sale price was $724,686 in the three months ending August 31, 2026, about $241 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology