The housing market in 58436 Ellendale, ND is doing well compared to the national median value of $338,100. The median value for housing in Ellendale is $136,800 which is lower than the US median but offers a great opportunity for buyers. In addition, the house appreciation rate for Ellendale over the last year was 9.41%, which is higher than the US average of 8.27%. This high appreciation rate means that homeowners in Ellendale have seen their property values increase significantly over the past year. For those looking to invest in a home, Ellendale could be an excellent choice due to its relatively low housing costs and high appreciation rates.
The median home cost in Ellendale (zip 58436) is $136,800. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Ellendale (zip 58436) is up 10.5%.
Average Age of Homes
- The median age of Ellendale (zip 58436) real estate is 53 years old
The Rental Market in Ellendale (zip 58436)
- Renters make up 22.2% of the Ellendale (zip 58436) population
- 7.0% of houses and apartments in Ellendale (zip 58436), 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.