55Alpha

Erie County, NY Housing Market Brief

county · NY · as of August 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%
+4.377
Inventory Health25%
38
Affordability20%
-9.748
Economic Strength20%
62
Rental Yield15%
-2.752

Where is Erie County, NY in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

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

What’s the forecast for Erie County, NY?

Our model forecasts Erie County, NY’s home prices to rise about 2.5% over the next 12 months (high confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Erie County, NY housing market data

MetricValueYoY
Median Sale Price$309K▲ +4.7%
Median Days on Market10 days0%
Months of Supply2.2▲ +37.5%
Homes for Sale1,758▲ +31.1%
Homes Sold844-1.7%
Median Price / Sq Ft$204▲ +1.7%

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

Now: 55
12-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 August 2026, Erie County, NY is classified as a Balanced Market, based on its Alpha Score of 55 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 $309K, having risen 4.7% over the past year.

How affordable is Erie County, NY?

Erie County, NY scores 48 out of 100 on affordability — moderately affordable 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 (77/100) 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.