The housing market in Ellsworth, IL is currently thriving compared to the US average. According to recent data, the median value of a house in Ellsworth is $186,600 which is significantly lower than the US median of $338,100. Additionally, the one-year appreciation rate for houses in Ellsworth was 14.21%, which is substantially higher than the US average of 8.27%. This indicates that there is strong demand for housing in Ellsworth and it may be a good time for potential buyers to enter the market.
The median home cost in Ellsworth is $186,600. Home appreciation the last 10 years has been 40.7%. Home Appreciation in Ellsworth is up 16.3%.
Average Age of Homes
- The median age of Ellsworth real estate is 74 years old
The Rental Market in Ellsworth
- Renters make up 18.4% of the Ellsworth population
- 0.0% of houses and apartments in Ellsworth, 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.