Why Live in Old Town Erie
Old Town Erie is a neighborhood with a variety of things to do, centered around Briggs Street, which features fine dining options such as 24 Carrot Bistro, Birdhouse, Lucile’s Creole Café, and Wapos. The street also hosts two breweries, boutique clothing stores, sporting goods shops, and toy outlets. The Erie Farmers Market, held every Thursday afternoon, offers fresh produce, live music, and crafts. Coal Creek Park, located just east of Briggs Street, spans 6.7 acres and includes walking trails, picnic shelters, Maddie’s Playground, a splash pad in summer, and an ice rink in winter. Reliance Park, to the north, has a dog park called the Boneyard, while Erie Community Park, less than 2 miles south, features youth ballgames, a skating area, and a BMX pump track. The neighborhood is served by highly rated schools, including Erie Elementary School, Erie Middle School, and Erie High School, which offers an Academy of Engineering and Aerospace program. Housing styles in Old Town Erie range from early 1900s miner cabins to 1970s ranchers and remodeled multi-story homes, often situated on large lots with mature oak trees. The area is quieter, with street parking common due to the lack of attached garages. Public transportation is accessible via the JUMP Bus Line-RTD, and Interstate 25 provides a route 27 miles south to downtown Denver, while State Highway 7 connects to Boulder 15 miles west.
Frequently Asked Questions
Is Old Town Erie a good place to live?
Old Town Erie is a good place to live. Old Town Erie is considered somewhat walkable and bikeable. Old Town Erie has 8 parks for recreational activities. It is fairly sparse in population with 5.2 people per acre and a median age of 43. The average household income is $87,955 which is below the national average. College graduates make up 16.7% of residents. A majority of residents in Old Town Erie are home owners, with 31.7% of residents renting and 68.3% of residents owning their home. A
local real estate agent serving Old Town Erie can help you decide if this neighborhood is the right one for you. Learn more on our
Old Town Erie neighborhood guide.
How much do you need to make to afford a house in Old Town Erie?
The median home price in Old Town Erie is $522,500. If you put a 20% down payment of $104,500 and had a 30-year fixed mortgage with an interest rate of 6.35%, your estimated principal and interest payment would be $2,600 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $111K a year to afford the median home price in Old Town Erie. The average household income in Old Town Erie is $88K.
What are the best public schools in Old Town Erie?
The best public schools that serve Old Town Erie are:
What are the best private schools in Old Town Erie?
The best private schools that serve Old Town Erie are:
What are the most popular zip codes in Old Town Erie, Erie, CO?
What are the most popular neighborhoods near Old Town Erie, Erie, CO?
Are home prices dropping in Old Town Erie?
Yes, home prices in Old Town Erie are down 3% in the last 12 months.
Home Trends in Old Town Erie, CO
On average, homes in Old Town Erie, Erie sell after 34 days on the market compared to the national average of 52 days. The median sale price for homes in Old Town Erie, Erie over the last 12 months is $470,000, down 6% from the median home sale price over the previous 12 months.
Median Sale Price
$470,000
Median Single Family Sale Price
$494,500
Average Price Per Sq Ft
$363
Number of Homes for Sale
5
Last 12 months Home Sales
19
Median List Price
$522,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-6%
