Erie home prices fall in September 2020

Medium realestate2

The median sale price of a home sold in September 2020 in Erie fell by $28,000 while total sales increased by 133.3%, according to BlockShopper.com.

In September 2020, there were seven homes sold, with a median sale price of $97,000 - a 22.4% decrease over the $125,000 median sale price for the same period of the previous year. There were three homes sold in Erie in September 2019.

The median sales tax in Erie for the most recent year with available data, 2018, was $2,089, approximately 2.2% of the median home sale price for September 2020.

The following table compares Erie to other Whiteside County cities with similar median sales prices in September 2020:

CitySept. 2020 Home SalesSept. 2019 Home Sales% change (Total Home Sales)Sept. 2020 Median Sales PriceSept. 2019 Median Sales Price% change (Median Sales Price)
Prophetstown34-25%$160,000$70,500127%
Como20-$109,450$0-
Lyndon41300%$100,500$98,5002%
Morrison1316-18.8%$100,000$114,250-12.5%
Fulton186200%$97,575$85,00014.8%
Erie73133.3%$97,000$125,000-22.4%
Sterling373312.1%$95,000$68,00039.7%
Grimes Addition110%$84,500$72,50016.6%
Albany23-33.3%$75,500$58,00030.2%
Rock Falls261752.9%$69,750$61,60013.2%
Douglas Park110%$40,000$48,500-17.5%

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