54Alpha

Erie County, NY Housing Market Brief

county · NY · as of May 2026

Balanced

What is Erie County, NY’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%
-1.173
Inventory Health25%
-7.038
Affordability20%
39
Economic Strength20%
+0.567
Rental Yield15%
55

Where is Erie County, NY in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

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

Erie County, NY housing market data

MetricValueYoY
Median Sale Price$283K▲ +3.6%
Median Days on Market11 days▲ +10%
Months of Supply2.5▲ +38.9%
Homes for Sale1,259▲ +15.2%
Homes Sold506-15.5%
Median Price / Sq Ft$199▲ +4.2%
Sale-to-List Ratio105.3%-1.9%

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

Now: 54
3-period trend
Median sale price · 12 mo

Markets like Erie County, NY

Frequently asked questions

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

As of May 2026, Erie County, NY is classified as a Balanced Market, based on its Alpha Score of 54 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

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

The median sale price in Erie County, NY is $283K, having risen 3.6% over the past year.

How affordable is Erie County, NY?

Erie County, NY scores 39 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.

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

Erie County, NY's strongest dimension is Price Momentum (73/100) and its weakest is Inventory Health (38/100). The Alpha Score is a weighted blend of all five dimensions.

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