Market Intelligence · CO / Erie

Erie, CO 80516 Housing Market

The typical home value in Erie, CO 80516 is $710,974, down 1.4% over the past year as of 2026-08-01. The median list price is $714,950, and homes spend a median of 57 days on market.

Updated August 2026Median value$711K

The median home value in Erie, CO 80516 is $711K as of August 2026, down 1.4% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 80516 range

$654K to $768K

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

-1.4% over 12 months

Typical home value in 80516 over the last 12 months: $721K in Aug 2025 to $711K in Aug 2026 (-1.4%).

Aug 2025$721K

Aug 2026$711K

The numbers

What is the 80516 housing market like?

Typical home value

$711K

Down1.4%YoY

Median list price

$715K

Down0.9%MoM

Days on market

57

Up26.7%MoM

Homes for sale

197

Down1.0%MoM

Price cuts

27.6%

Down16.6%MoM

New listings

60

Down6.2%MoM

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

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The comparison

How do 80516 home prices compare?

  • 80516$710,974
  • Erie$710,974
  • Colorado$497,011
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Erie: 1 ZIPs; Colorado: 416 ZIPs; United States: 26,265 ZIPs).

Context

As of 2026-08-01, there are 197 homes for sale in 80516, with 60 new listings hitting the market. The median list price of $714,950 sits close to the typical home value of $710,974, which is down 1.4% over the past year. Sellers are adjusting, with 27.6% of listings carrying a price cut. Homes are taking a median of 57 days to sell, so this is not a fast market. For a seller, realistic pricing from day one matters more than testing the high end and cutting later.

Monthly payment

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20% · $142,195

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