The housing market in Ellisville, IL is much more affordable than the national average. The median value for a house in Ellisville is $56,900 compared to the US median value of $338,100. Over the past year, house values in Ellisville have appreciated by 7.76%, considerably lower than the 8.27% appreciation experienced nationally. As such, buying a home in Ellisville may be more financially attainable and potentially more advantageous due to the slower rate of appreciation.
The median home cost in Ellisville is $56,900. Home appreciation the last 10 years has been 28.7%. Home Appreciation in Ellisville is up 8.9%.
Average Age of Homes
- The median age of Ellisville real estate is 78 years old
The Rental Market in Ellisville
- Renters make up 16.7% of the Ellisville population
- 0.0% of houses and apartments in Ellisville, 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.