Market Overview
Home Prices in Erin, WI
The median home value in Erin, WI is $641,566 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.7% compared to a year ago and up 2.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Erin are priced56% above average. Erin is part of the Milwaukee-Waukesha, WI metro area.
Over the past five years, Erin home values have risen by approximately28.6%, reflecting strong long-term appreciation in this market.
Price History
Erin Home Price Trend
City Comparison
Erin vs. National Median
At $641,566, homes in Erin cost 56% above the national median of $410,000. Buyers in Erin should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Erin?
20% Down Payment
$128,313
on $641,566
Monthly P&I
$3,346/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,249/mo
incl. taxes & insurance
Income Needed
$169,960
gross annual (30% rule)
10% Down Option
$64,157
+ PMI applies
Loan Amount (20% dn)
$513,253
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, WI?
The median home value in Erin is $641,566 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.7% year-over-year.
How much have home prices changed in Erin?
Over the past year, home values in Erin have increased by 8.7%. Over five years, prices have risen approximately 28.6%.
How much do I need to earn to buy a home in Erin?
To comfortably afford the median home price of $641,566 with a 20% down payment ($128,313) at today's rates (6.8%), you'd need a gross annual income of approximately $169,960. 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 $641,566, homes in Erin are 56% above the national average.
What metro area is Erin part of?
Erin is part of the Milwaukee-Waukesha, WI metropolitan area. Home prices and market conditions can vary across the broader metro region.