Ernest—15739
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ernest
As of Nov '25, the median home price in Ernest is $84,000, with a year-over-year change of 12.7%. This indicates that home prices in Ernest are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $84,000 | 12.7% |
| Single Family | $84,000 | 12.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Ernest
Ernest lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Ernest
As of Nov '25, Realtor.com reports that the median days on market for a home in Ernest is 52. This is a decrease of -81.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $69,500 | 4.0% |
Listing Count | 1 | 0.0% |
| Listings as % of Homes | N/A | 0.0% |
Days on Market | 52 | -81.0% |
Demographics — Ernest
As of the latest ACS Survey released in 2023, Ernest has a population of 368, which has decreased by -28.4% over the past 5 years. Ernest is a popular place for families, as children make up 26.6% of the population. The area has a moderately educated workforce, with 30.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 368 | -28.4% |
% Under 18 | 26.6% | -17.1% |
% Seniors | 10.9% | 7.9% |
% WFH | 2.7% | ∞% |
% w/ College Degree | 30.0% | 38.2% |
Ernest lacks sufficient race and ethnicity data for analysis.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.8% | -1.8% |
% Black | 0.0% | -100.0% |
% Hispanic | 1.4% | ∞% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | N/A |
Mortgage and Risk — Ernest
Ernest lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Rentals and Section 8 — Ernest
Ernest lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $890 |
| 2 Bedroom | N/A | N/A | $1,010 |
| 3 Bedroom | N/A | N/A | $1,370 |
| 4 Bedroom | N/A | N/A | $1,550 |
Affordability — Ernest
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1 |
| Median Home Price | $84,000 |
| Median Household Income | $68,800 |