What to know before you move: cost, market timing, who it fits.
If you're considering a move to Erie, CO, the most important variables are the local housing market, the cost structure (taxes, insurance, utilities), and how well the city fits your day-to-day life. This page summarizes the housing market read; pair it with the cost of living page for the full picture.
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.
Sideways market (-2.6% YoY). No urgency to time the macro trend — focus on the home and neighborhood.
Reasons people move here
- 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.
Things to know first
- 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.
More about Erie
Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.