44Alpha

Erie County, OH Housing Market Brief

county · OH · as of May 2026

Balanced

What is Erie County, OH’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-3.860
Inventory Health25%
-5.339
Affordability20%
56
Economic Strength20%
+2.234
Rental Yield15%
31

Where is Erie County, OH in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Erie County, OH is classified as Decliningcooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Erie County, OH housing market data

MetricValueYoY
Median Sale Price$226K▲ +0.3%
Median Days on Market42 days-2.3%
Months of Supply3.0▲ +3.5%
Homes for Sale253▲ +14.5%
Homes Sold84▲ +12%
Median Price / Sq Ft$162▲ +12.2%
Sale-to-List Ratio98.4%-2.1%

How has Erie County, OH’s Alpha Score moved?

Now: 44
3-period trend
Median sale price · 12 mo

Markets like Erie County, OH

Frequently asked questions

Is Erie County, OH a buyer's or seller's market?

As of May 2026, Erie County, OH is classified as a Balanced Market, based on its Alpha Score of 44 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Erie County, OH?

The median sale price in Erie County, OH is $226K, having held roughly steady over the past year.

How affordable is Erie County, OH?

Erie County, OH scores 56 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Erie County, OH's Alpha Score?

Erie County, OH's strongest dimension is Price Momentum (60/100) and its weakest is Rental Yield (31/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Erie County, OH? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.