Housing in Ellendale, ND is quite affordable compared to the national median value. The median value of a house in Ellendale, ND is $79,000 while the US median house value stands at $338,100. In addition to being more affordable than the national average, house values have appreciated by 9.41% over the past year which is higher than the US 1 year House Appreciation of 8.27%. This makes Ellendale an attractive destination for people looking for a home that's more affordable than other parts of the country yet still offers potential appreciation opportunities.
The median home cost in Ellendale is $79,000. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Ellendale is up 10.5%.
Average Age of Homes
- The median age of Ellendale real estate is 52 years old
The Rental Market in Ellendale
- Renters make up 32.0% of the Ellendale population
- 11.3% of houses and apartments in Ellendale, 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.