Zip 56026 (Ellendale, MN) Housing

The housing market in Ellendale, MN (zip code 56026) is doing very well compared to the US average. According to recent data, the median value of housing in Ellendale is $251,400, which is significantly less than the US median value of $338,100. Furthermore, the house appreciation rate over the last year in Ellendale was 11.33%, much higher than the 8.27% appreciation rate seen nationally. This suggests that housing prices are increasing more quickly in Ellendale and could be a great investment opportunity for potential homebuyers.

The median home cost in Ellendale (zip 56026) is $251,400. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Ellendale (zip 56026) is up 11.6%.

Average Age of Homes

- The median age of Ellendale (zip 56026) real estate is 57 years old

The Rental Market in Ellendale (zip 56026)

- Renters make up 11.1% of the Ellendale (zip 56026) population
- 0.9% of houses and apartments in Ellendale (zip 56026), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Ellendale, Minnesota	United States
	817.0	139,647,020.0
	70	42
	$251,400	$338,100
	11.6%	16.6%
	43.0%	57.0%
	70.2%	101.1%
	$13.16	$10.98
	$1,766	$2,690
	80.8%	57.4%
	6.7%	11.2%
	12.5%	31.4%
Vacant Housing
	0.9%	1.9%
	0.0%	0.4%
	0.5%	0.7%
	0.0%	0.4%
	0.9%	3.6%
	4.5%	4.1%
Value of Owner-Occupied Housing
	0.2%	2.6%
	2.1%	2.4%
	1.5%	2.8%
	4.4%	3.9%
	6.8%	4.5%
	24.1%	11.3%
	12.0%	13.0%
	31.7%	20.1%
	12.3%	13.6%
	1.1%	8.3%
	2.9%	9.7%
	0.2%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	14.9%	13.6%
	14.9%	13.6%
	5.5%	13.6%
	3.6%	13.2%
	12.7%	14.8%
	5.5%	13.6%
	4.3%	10.0%
	4.7%	4.7%
	44.8%	12.2%

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