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Town comparisons › Erie vs Milliken

Erie vs Milliken

Erie and Milliken are both in Weld County. There are 245 homes for sale in Erie and 37 in Milliken as this page loaded. Erie is the more expensive of the two: a median asking price of $695,000 against $475,000 in Milliken, about 46% higher. Homes are moving faster in Milliken — a median of 44 days on market against 53 in Erie. Erie is a balanced market right now and Milliken is a seller's market.

Side by side

MeasureErieMilliken
Homes for sale24537
New in last 30 days8215
Median asking price$695,000$475,000
Median price per sq ft$289$278
Median size (sq ft)2,3862,172
Median bedrooms43
Median days on market5344
Months of supply3.42.9
Sold, last 12 months870155
Median sold price$750,000$451,000
Median days to sell7360
Sold vs asking price99.0%100.0%

The darker figure in each row is the lower price, the shorter wait or the larger number — which of those is the good news depends entirely on whether you are buying or selling.

What each market is doing

Erie is a balanced marketBetween three and six months of supply is the range where neither side has the upper hand - well-priced homes sell and buyers still have room to negotiate.
Milliken is a seller's marketUnder three months of supply means the homes for sale would run out in under three months at the current pace of sales. Sellers tend to hold their price and good homes go quickly.

Erie

245
Homes for sale
$695,000
Median asking price
$289
Median per sq ft
53
Median days on market

Milliken

37
Homes for sale
$475,000
Median asking price
$278
Median per sq ft
44
Median days on market

Look at either town on its own

Questions people ask

Is Erie or Milliken more expensive?

Erie is more expensive. The median asking price is $695,000 in Erie against $475,000 in Milliken. By price per square foot, Erie runs $289 and Milliken $278.

Which moves faster, Erie or Milliken?

Homes for sale in Milliken have been on the market a median of 44 days, against 53 days in Erie. Of the homes that actually closed in the last twelve months, Erie took a median of 73 days and Milliken 60.

Is Erie or Milliken the better market for a buyer?

Erie is a balanced market and Milliken is a seller's market, measured on months of supply — 3.4 months in Erie and 2.9 in Milliken. More months of supply means more choice and more room to negotiate, so on that measure Erie is the easier of the two to buy in today. That is the arithmetic, not advice — the right town is the one you want to live in.

How many homes are for sale in Erie and Milliken?

There are 245 homes for sale in Erie and 37 in Milliken as this page loaded, 82 and 15 of them new in the last 30 days.

How current are these figures?

They are not published on a schedule and they are not a monthly snapshot. Both towns are read from the live MLS feed at the same instant, when you open this page, so the two sides are always measured against each other rather than against different weeks.

Both sides of this comparison are recalculated from the live MLS feed at the moment the page loads - neither is a monthly snapshot, and the two are read at the same instant so they are always comparable. Figures cover residential homes for sale; rentals, land and commercial are excluded, as are fractional co-ownership shares, which are priced per share and would distort the medians. Sold figures cover the last twelve complete calendar months. Market data is deemed reliable but not guaranteed - talk to us before making a decision on it.