45Alpha

Erie County, NY Housing Market Brief

county · NY · score computed October 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%
●75
Inventory Health25%
●10

Population band 5 of 5 (population 103,008–9,808,667) · comparable within its band

Affordability20%
●39
Economic Strength20%
●62
Rental Yield15%
●49

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?

County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Erie County, NY housing market data

MetricValueYoYSource
Median Sale Price$314K▲ +5.3%Redfin
Median Days on Market12 days0%Redfin
Months of Supply2.3▲ +35.3%Redfin
Homes for Sale1,871▲ +27.8%Redfin
Homes Sold824▼ -2.5%Redfin
Median Price / Sq Ft$205▲ +6.2%Redfin

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

Now: 45
2-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?

In the scores computed October 2026, Erie County, NY is classified as a Balanced Market, based on its Alpha Score of 45 out of 100. The classification reflects current price, building, 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 $314K, having risen 5.3% over the past year, according to Redfin.

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 (75/100) and its weakest is Inventory Health (10/100). 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.