April 2024

Ellendale Housing Market Report Steele County, Minnesota

Report Updated 28 Days Ago

Housing Prices in Ellendale, MN

How much do homes in Ellendale, MN cost?

Median List Price

$250,000

$123/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

+$38,000(+17.9%)

Key Takeaway

The list price of homes in Ellendale has increased by 17.9% since last year.

Summary: The median home list price in Ellendale was $250,000 in April 2024, up 17.9% from the previous year, and the median price per square foot was $123.

Median List Price By Bedroom Count

# BEDS# BEDROOMS	Apr 2023	Apr 2024	CHANGE
1 Bedroom	$94.9K	$249.9K	+163.3%
2 Bedrooms	$159.9K	$229.9K	+43.8%
3 Bedrooms	$214.4K	$262.5K	+22.4%
4 Bedrooms	$259.7K	$229.3K	-11.7%
5+ Bedrooms	$175K	-	N/A

Summary: Ellendale housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 163.3%, 2 bedroom homes increased by 43.8%, 3 bedroom homes increased by 22.4%, 4 bedroom homes decreased by 11.7%, and 5+ bedroom homes did not change.

Housing Supply in Ellendale, MN

How many homes are available in Ellendale, MN?

Number of Homes For Sale

Mar 2024	Apr 2024	CHANGE
2	4	+100.0%

Summary: The Ellendale real estate market had 4 homes for sale in April 2024, a 100.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDS# BEDROOMS	Mar 2024	Apr 2024	CHANGE
1 Bedroom	0	0	0.0%
2 Bedrooms	1	0	-100.0%
3 Bedrooms	1	4	+300.0%
4 Bedrooms	0	0	0.0%
5+ Bedrooms	0	0	0.0%

Summary: The Ellendale housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 300%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Ellendale, MN

How long does it take to sell a home in Ellendale, MN?

Average Listing Age

Apr 2023	Apr 2024	CHANGE
63 Days	87 Days	+38.3%

Summary: Homes in Ellendale had an average listing age of 87 days in Apr 2024, up by 38.3% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

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Newest Listings in Ellendale, MN

Nearby Markets to Ellendale, MN

MLS Disclaimers and Copyright

Based on information from NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc. for the period 05/01/2022 - 05/01/2024

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Last updated on: 5/28/2024, 10:22:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.