The housing market in Ellsworth, MN has been quite strong in the last year. The median value of a house in Ellsworth is lower than the US median at $94,300 compared to $338,100. However, this does not mean that there are no opportunities for appreciation. In fact, the one year house appreciation in Ellsworth is actually higher than the US figure at 9.54% compared to 8.27%. This suggests that now may be an excellent time to purchase a home in Ellsworth and take advantage of a potential increase in value over the coming year.
The median home cost in Ellsworth is $94,300. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Ellsworth is up 14.7%.
Average Age of Homes
- The median age of Ellsworth real estate is 64 years old
The Rental Market in Ellsworth
- Renters make up 15.5% 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.