Market Overview
Home Prices in Erin, NY
The median home value in Erin, NY is $202,447 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.1% compared to a year ago and up 1.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Erin are priced51% below average. Erin is part of the Elmira, NY metro area.
Price History
Erin Home Price Trend
2024
$184,663
$185K
—
2025
$187,353
$187K
+1.5%
2026
$202,447
$202K
+8.1%
City Comparison
Erin vs. National Median
🏠 Erin
$202,447
National Median
$410,000
At $202,447, homes in Erin cost 51% below the national median of $410,000. This makes Erin a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Erin?
20% Down Payment
$40,489
on $202,447
Monthly P&I
$1,056/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,341/mo
incl. taxes & insurance
Income Needed
$53,640
gross annual (30% rule)
10% Down Option
$20,245
+ PMI applies
Loan Amount (20% dn)
$161,958
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Erin, NY?
The median home value in Erin is $202,447 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.1% year-over-year.
How much have home prices changed in Erin?
Over the past year, home values in Erin have increased by 8.1%.
How much do I need to earn to buy a home in Erin?
To comfortably afford the median home price of $202,447 with a 20% down payment ($40,489) at today's rates (6.8%), you'd need a gross annual income of approximately $53,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Erin compare to the national average home price?
The national median home value is approximately $410,000. At $202,447, homes in Erin are 51% below the national average.
What metro area is Erin part of?
Erin is part of the Elmira, NY metropolitan area. Home prices and market conditions can vary across the broader metro region.