Erie County, NY real estate

What the numbers say

Erie County, NY real estate at a glance

By AstroCore · Realtor.com, US Census and Freddie Mac data

In September 2026, the median home in Erie County listed for $279,150, down 0.3% from a year earlier. That is 54% below the New York median of $605,000.

Homes spent a median of 43 days on the market, slower than 40 days a year ago. That makes Erie County the #5 fastest-selling of 48 New York counties we track.

Homeowners in Erie County pay a median of $4,622 a year in property taxes on a median home value of $233,800, an effective rate of about 1.98%. The New York average is 1.55%, which makes Erie County the #26 lowest-tax of 62 counties in the state with published tax data.

Renters pay a median of $1,090 a month, and $1,110 for a two-bedroom. At today's prices a typical home costs about 21 times a year's rent, which generally favors renting over buying in the short term.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $279,000 home here comes to about $2,098 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $90,000 a year (the median household here earns $72,839).