The housing market in Ellsworth, MI is booming! The median value of houses in this area is $234,900, which is significantly lower than the median value of houses in the United States as a whole. However, while the US 1 year house appreciation rate is 8.27%, the rate for Ellsworth, MI is much higher at 16.52%, meaning that the housing market here is growing and changing rapidly. It's a great spot for those looking to invest or purchase a home!
The median home cost in Ellsworth is $234,900. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Ellsworth is up 21.4%.
Average Age of Homes
- The median age of Ellsworth real estate is 54 years old
The Rental Market in Ellsworth
- Renters make up 20.9% 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.