Market Intelligence · CO / Erie

Erie, CO 80516 Housing Market

The typical home value in Erie, CO 80516 is $706,458, down 1.2% over the past year. The median list price stands at $700,000, with homes spending a median of 47 days on market as of September 2026.

Updated September 2026Median value$706K

The median home value in Erie, CO 80516 is $706K as of September 2026, down 1.2% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 80516 range

$650K to $763K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-1.2% over 12 months

Sep 2025$715K

Low $706KHigh $715K

Sep 2026$706K

The numbers

What is the 80516 housing market like?

As of September 2026

Typical home value

$706K

1.2%YoY

Median list price

$700K

2.1%MoM

Days on market

17.5%MoM

Homes for sale

216

9.6%MoM

Price cuts

35.0%

27.0%MoM

New listings

43.3%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

80516 housing market forecast 2027

-0.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 80516 to stay roughly flat by September 2027 (down 0.3%).

Over the 12 months through September 2026, typical home values in 80516 fell 1.2%, per the Zillow Home Value Index.

Will home prices drop in 80516?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 80516 to stay roughly flat by September 2027 (down 0.3%), after a 1.2% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 80516 home prices compare?

80516$706,458
Erie$706,458
Colorado$494,491
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Erie: 1 ZIP; Colorado: 416 ZIPs; United States: 26,262 ZIPs).

Context

Erie's housing inventory includes 216 homes for sale, with 86 new listings added in September 2026. The median days on market of 47 suggests steady buyer activity, though 35.0% of listings have received price cuts. The year-over-year decline in typical home value reflects a market that has softened slightly. For sellers, this environment means pricing competitively and being realistic about current conditions is essential.

Monthly payment

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Home price

Down payment20% · $141,292

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Common questions

What people ask us.

What is the typical home value in Erie, CO 80516?

The typical home value is $706,458 as of September 2026, down 1.2% over the past year.

How many homes are currently for sale in 80516?

There are 216 homes for sale as of September 2026, with 86 new listings that month.

How long do homes typically stay on market here?

The median days on market is 47 as of September 2026.

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