The housing market in Ellington, MN is very strong, with the median value being $284,600. This is significantly lower compared to the US House Median Value of $338,100. While the US House Appreciation has been 8.27% over the past year, Ellington's house appreciation rate has been 6.78%. This suggests that Ellington's housing market is growing at a slower rate than the rest of the country, but still healthy enough to make for an attractive target for potential new homeowners.
The median home cost in Ellington is $284,600. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Ellington is up 11.4%.
Average Age of Homes
- The median age of Ellington real estate is 69 years old
The Rental Market in Ellington
- Renters make up 12.1% of the Ellington population
- 0.0% of houses and apartments in Ellington, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.