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ERIE, IL 61250

Real Estate Market Report  ·  Whiteside County
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The ERIE, IL real estate market (61250) currently shows 6 active listings, with 3 pending sales. Homes are averaging 62 days on the market before going under contract.

Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 62 days on market compared to 30 days last year.

The median listing price has fallen 23.6% year-over-year, from $245,500 to $187,500.

Whether you are buying or selling in ERIE, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 2,713  ·  Density: 12.0/mi²  ·  Median household income: $81,141

Typical home value: $161,524  ·  Homeownership: 75.9%

Market Overview

Active Listings
6
⇩ 45.5% vs 11 last year
Pending
3
50% pending ratio
Median Price
$187,500
⇩ 23.6% vs $245,500 last year
Average Price
$184,863
⇩ 18.9% vs $227,954 last year
Days on Market
62
⇧ 106.7% vs 30 days last year

Price Per Square Foot

Median $/sqft
$122
⇧ 22% vs $100/sqft last year
Median Home Size
1,398 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 6 this year vs 11 last year
  • Days on market: 62 now vs 30 last year

Median & Average Pricing

Year over Year
  • Median: $187,500 (-23.6% YoY)
  • Average: $184,863 (-18.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 18.8 miles — 328 listings ($80,790,290 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61250Erie, IL 612500.0 mi5$912,250$187,500$182,450
61257Hillsdale, IL 612577.9 mi2$356,450$148,950$178,225
61277Prophetstown, IL 612779.5 mi7$1,342,425$166,000$191,775
61261Lyndon, IL 6126110.9 mi2$399,866$189,900$199,933
61252Fulton, IL 6125212.8 mi16$3,430,896$189,999$214,431
61254Geneseo, IL 6125413.6 mi31$12,914,414$235,000$416,594
61270Morrison, IL 6127013.7 mi31$7,084,306$154,900$228,526
52753Le Claire, IA 5275315.1 mi39$17,260,659$380,000$442,581
61241Colona, IL 6124116.4 mi22$4,398,768$235,000$199,944
61256Hampton, IL 6125617.0 mi5$1,097,250$214,900$219,450
61244East Moline, IL 6124417.9 mi43$7,315,289$166,200$170,123
52732Clinton, IA 5273218.4 mi114$20,891,070$144,900$183,255
61239Carbon Cliff, IL 6123918.8 mi11$3,386,647$335,000$307,877

Frequently Asked Questions

How many homes are for sale in ERIE, IL 61250?

As of February 2026, there are 6 active listings in ERIE, IL (zip code 61250), compared to 11 the prior year.

What is the median home price in ERIE, IL 61250?

The median listing price in ERIE, IL 61250 is $187,500 as of February 2026, a 23.6% decrease from $245,500 the prior year.

How long do homes stay on the market in ERIE, IL?

Homes in ERIE, IL 61250 spend an average of 62 days on the market before going under contract, compared to 30 days the prior year.

Is it a seller's or buyer's market in ERIE, IL 61250?

Based on current inventory and days-on-market data as of February 2026, ERIE, IL 61250 is currently a Balanced Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 62 days on market compared to 30 days last year.

How much can I save on real estate commission in ERIE, IL?

With SELL123.com's maximum 3% commission, sellers in ERIE, IL 61250 save an estimated $3,750 compared to a typical 5% commission on the median listing price of $187,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.