Home prices
The median home in Ellicottville is valued at $256,000. This is approximately $184,040 (255%) higher in comparison to other places in this area.It is roughly $38,500 (17%) higher compared to the rest of the country, and compared to the city of Buffalo is approximately $166,200 (185%) higher.
Rents
In Ellicottville the median monthly rent is $775. Compared to its surrounding areas it is roughly $123 (18%) higher.Compared to the US as a whole it is roughly $287 (27%) lower, and it is is very similar compared to the city of Buffalo.
Nearby places
Little Valley
Little Valley is about 5 miles west of Ellicottville. Real estate prices there are a lot less expensive. The median home price in Little Valley is $68,500, which comes out to $187,500 (273%) lower than Ellicottville. Rents there are a lot less expensive. The median monthly rent in Little Valley is $582, which comes out to $193 (33%) lower than Ellicottville.
Salamanca
Salamanca is about 7 miles south from Ellicottville. Its housing prices are substantially less expensive. The median home in Salamanca costs $64,100, which is $191,900 (299%) lower than Ellicottville. Rent there is a little less expensive. Salamanca's median monthly rent is $654, which works out to $121 (18%) lower than Ellicottville.
West Valley
West Valley is approximately 8 miles north from Ellicottville. Housing prices there are substantially less expensive. West Valley's median home value is $90,000, which works out to $166,000 (184%) lower than Ellicottville. Rent there is a little more expensive. West Valley's median monthly rent is $923, which comes out to $148 (16%) higher than Ellicottville.
Cattaraugus
Cattaraugus is roughly 9 miles northwest of Ellicottville. Real estate prices there are substantially less expensive. The median home in Cattaraugus is valued at $68,000, which works out to $188,000 (276%) lower than Ellicottville. Rent there is substantially less expensive. Cattaraugus's median rent is $464 per month, which comes out to $311 (67%) lower than Ellicottville.
Franklinville
Franklinville is about 10 miles northeast of Ellicottville. The real estate prices there are a lot less expensive. Franklinville's median home cost is $69,200, which comes out to $186,800 (269%) lower than Ellicottville. Rents there are a bit less expensive. In Franklinville the median rent is $638 per month, which is $137 (21%) lower than Ellicottville.