Home prices
The median home in Ellsworth costs $107,900. It is about $10,240 (8%) lower in comparison to other places in this area.Compared to the rest of the nation it is approximately $109,600 (50%) lower, and it is approximately $158,200 (59%) lower in comparison to the city of Traverse City.
Rents
Ellsworth's median monthly rent is $570. In comparison to other places in this area it is about $50 (8%) lower.It is approximately $492 (46%) lower compared to the entire country, and in comparison to the city of Traverse City it is roughly $335 (37%) lower.
Nearby places
East Jordan
East Jordan is approximately 4 miles east of Ellsworth. Its housing prices are significantly less expensive. The price of the median home in East Jordan is $81,200, which comes out to $26,700 (32%) lower than Ellsworth. The rent there is pretty similar. In East Jordan the median rent is $573 per month, which is very similar to Ellsworth.
Central Lake
Central Lake is about 6 miles south from Ellsworth. The real estate prices there are a little less expensive. The median home in Central Lake is valued at $84,400, which works out to $23,500 (27%) lower than Ellsworth. The rent there is similar. The median monthly rent in Central Lake is $581, which comes out to $11 (1%) higher than Ellsworth.
Charlevoix
Charlevoix is roughly 9 miles north from Ellsworth. The real estate prices there are significantly more expensive. The price of the median home in Charlevoix is $167,800, which comes out to $59,900 (35%) higher than Ellsworth. Rent there is fairly similar. Charlevoix's median monthly rent is $567, which is very similar to Ellsworth.
Boyne City
Boyne City is approximately 9 miles east of Ellsworth. Housing prices there are somewhat more expensive. The median home in Boyne City is valued at $147,500, which comes out to $39,600 (26%) higher than Ellsworth. Rents there are a little more expensive. In Boyne City the median monthly rent is $737, which comes out to $167 (22%) higher than Ellsworth.
Bellaire
Bellaire is about 12 miles south from Ellsworth. The housing prices there are similar. The cost of the median home in Bellaire is $109,800, which works out to $1,900 (1%) higher than Ellsworth. The rent there is somewhat more expensive. Bellaire's median monthly rent is $640, which comes out to $70 (10%) higher than Ellsworth.