Erie, CO — Momentum Score, Home Values & Best-For

Weld County · Greeley · population 38,594

Growing fastRenter-friendly
Erie, CO
Image: Wikipedia · Erie, Colorado
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54
Stable
Momentum score · 0–100

Where Erie stands

Population growing 6.5% per year.

Median home $733,568
1-year -2.6%
5-yr CAGR +3.2%
vs 5-yr peak -9.4%
Population +6.5%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2022-07$734k$416k$558k$700k$842k201620182020202220242026

Lifestyle scores

🚶
Walkability
32/100
Very car-dependent
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
22/100
Transit limited
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
70/100
Strong remote-work fit
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent trajectory · last 5 years

Zillow ZORI · monthly
$2,783/mo$2,118$2,559$3,000202220242026

Home value vs rent · indexed to 100

Both rebased at first month of ZORI data (~2015)
Home valueRent117123100120202220242026

Rent vs buy

Price-to-rent ratio: 22.0
Lean rent

At a 22.0 price-to-rent ratio, the math is starting to lean toward renting in Erie. Owner-occupier ROI requires longer holds and the assumption that prices keep appreciating roughly at the rate of rent.

How the momentum score breaks down

methodology →
Home YoY
37 · w22%
Home 5-yr CAGR
54 · w22%
Distance from peak
47 · w18%
Population growth
90 · w16%
Rent YoY
40 · w12%
Home 10-yr CAGR
61 · w10%
Long thesis

Erie has held up across the cycle: home values at $733,568 with +3.2% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.

Short thesis

Erie's bear case is the boring one: the cycle is real and any market that's run hard can stall. Watch for slowing population growth, rising days-on-market, or builder discounts as the early warning signals.

About Erie

Erie is a city in Weld County, Colorado, with an estimated population of 38,594. It anchors the Greeley metro area. The population has grown 6.5% per year on average between 2020 and 2024 — among the faster-growing communities in the state. The median home value in Erie is $733,568 as of 2026-04, down 2.6% over the last 12 months. Over the last five years, home values have averaged +3.2% annual growth (-9.4% from the 5-year peak). Rents in Erie average $2,783 per month, roughly flat year-over-year (-1.0%). The composite momentum score is 54 of 100 (Stable). Conditions are neither hot nor cold, so the local fit matters more than market timing.

Bull case

People are voting with their feet: population growing 6.5% per year since 2020 — that’s faster than ~80% of US cities.
The data is the data: Erie has at least 5 years of Zillow tracking, full Census identification, and is included in the 2-criteria momentum score on this page.

Bear case

Expensive AND not growing: median home $733,568 with only -2.6% YoY. You’re paying premium pricing for a flat trend.
Cooling: -2.6% over the trailing year — momentum has stalled.

About Erie (Wikipedia)

The Town of Erie is a home rule town located in Weld and Boulder counties, Colorado, United States. The town population was 30,038 at the 2020 United States census, a +65.64% increase since the 2010 United States census. At the 2020 census, 17,387 (58%) Erie residents lived in Weld County and 12,651 (42%) lived in Boulder County. Erie is a part of the Denver-Aurora-Greeley, CO Combined Statistical Area and the Front Range Urban Corridor. Erie is the most populous statutory town in Colorado.

Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.

Playbook

Buyer

Lifestyle fit matters more than market timing in a Stable market. Take your time on the home and neighborhood; the macro trend isn't urgent. Negotiate normally.

Seller

Price competitively from day one or risk a 60+ day listing. Staging, photography, and presentation matter more in Stable markets than in Hot ones.

Investor

Stable cap rates, no big appreciation story to lean on. Underwrite this as a pure cash-flow play — the math has to work on rent alone.

Local safety & alerts

No active National Weather Service alerts for Weld County right now.

Public-safety links are official .gov sources, not curated by us. Weld County routes NWS alerts; check the state EM portal for non-weather emergencies.

Cities like Erie

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
43° / 16°
avg high / low
Summer (Jul)
86° / 56°
avg high / low
Sunny days/yr
245
~67% of year
Annual precip
17″ rain
55″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
Very low
Tornado
Moderate
Wildfire
High
Earthquake
Low
Flood
Low

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Erie listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local news & community

Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.

Local sports teams

Major professional teams the Greeley area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Local economy & environment

Humidity
54%
Dry climate
Median household income
$87,600
Colorado state median
Top industries (state-level)
TechAerospaceHealthcare

Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.

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