House Prices

House Prices & Home Values Erie, IL 2026


Average Data

average house price$107,300
average size per house1768 ft²
average price per ft²61 $ / ft²

04/17/2026 - The value range (VR) for house prices in Erie, IL is $61/ sqft to $61/ sqft. An average home with 1768 sqft costs approximately $107,848 to $107,848. Erie, IL includes 1 ZIP codes and it is located in Whiteside county. The lowest prices are found in ZIP 61250, while the highest are in ZIP 61250. The average price per sqare feet is $61. Our analysis is based on 3 property listings.

Avergage prices by ZIP codes Erie

6125063 $ / ft²




Historical development of home values in Erie

Year Estimated value (USD) Change vs. 2025
2010 $49,832 -53.6%
2011 $47,905 -55.4%
2012 $47,776 -55.5%
2013 $49,562 -53.8%
2014 $52,026 -51.5%
2015 $54,696 -49.0%
2016 $57,551 -46.4%
2017 $60,657 -43.5%
2018 $64,011 -40.3%
2019 $66,979 -37.6%
2020 $70,441 -34.4%
2021 $80,119 -25.3%
2022 $93,401 -13.0%
2023 $98,496 -8.2%
2024 $104,194 -2.9%
2025 $107,300 0.0%

Graph: estimated home values in Erie over time (USD)



Example: 100% financing house in Erie

Loan amount: $107,300

Interest rate: 6.00%

Fixed monthly payment: $643.32

Breakdown in the 1st month:
Interest portion: $536.50  –  Principal portion: $106.82

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $6,402.16 $1,317.66 $105,982.34
2 $6,320.89 $1,398.93 $104,583.42
3 $6,234.60 $1,485.21 $103,098.21
4 $6,143.00 $1,576.81 $101,521.39
5 $6,045.74 $1,674.07 $99,847.32
6 $5,942.49 $1,777.32 $98,070.00
7 $5,832.87 $1,886.94 $96,183.06
8 $5,716.49 $2,003.33 $94,179.74
9 $5,592.93 $2,126.89 $92,052.85
10 $5,461.75 $2,258.07 $89,794.78
11 $5,322.47 $2,397.34 $87,397.44
12 $5,174.61 $2,545.20 $84,852.24
13 $5,017.63 $2,702.19 $82,150.05
14 $4,850.96 $2,868.85 $79,281.20
15 $4,674.02 $3,045.79 $76,235.41
16 $4,486.16 $3,233.65 $73,001.76
17 $4,286.72 $3,433.10 $69,568.66
18 $4,074.97 $3,644.84 $65,923.82
19 $3,850.16 $3,869.65 $62,054.17
20 $3,611.49 $4,108.32 $57,945.85
21 $3,358.10 $4,361.71 $53,584.14
22 $3,089.08 $4,630.73 $48,953.40
23 $2,803.47 $4,916.35 $44,037.05
24 $2,500.24 $5,219.58 $38,817.48
25 $2,178.30 $5,541.51 $33,275.97
26 $1,836.52 $5,883.30 $27,392.67
27 $1,473.65 $6,246.17 $21,146.51
28 $1,088.40 $6,631.42 $14,515.09
29 $679.39 $7,040.43 $7,474.66
30 $245.15 $7,474.66 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Erie, IL


1500 sqft3900 sqft
Ø selling price$110,716$235,522
Ø fast selling$100,651$211,969
Ø high price sale$120,781$259,074

In 2026, houses in Erie, IL will be offered at an average price of $61 per square foot. A 1,500 sqft home priced at $110,716 is 23.44% more expensive per square foot than a 3,900 sqft home priced at $235,522. Home prices in Erie, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $163,053. Sellers who can wait longer may achieve a higher price of up to $199,288.

FAQ – Home Values in Erie

What is the median home value in Erie in 2026?

In 2026, the typical home value in Erie is about $107,300 for an average home size of 1768 square feet. This corresponds to an average price of roughly $61 per square foot.

What is the average cost per square foot in Erie?

In 2026, homes in Erie sell for an average of around $61 per square foot, with a typical range between $61 and $61 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Erie is about 1768 square feet, with an estimated 2026 value around $107,300.



Locations close to Erie, IL

Fenton, IL64 $ / ft²
Fulton, IL79 $ / ft²
Geneseo, IL102 $ / ft²
East Moline, IL105 $ / ft²
Deer Grove, IL61 $ / ft²
Cordova, IL128 $ / ft²
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