Similar to the surrounding areas, it's a little less expensive compared to the rest of the nation. Compared to the city of Minneapolis however, it's a lot less expensive.
Home prices
The median home in Ellsworth costs $157,400. This is is very similar in comparison to nearby areas.It is roughly $60,100 (27%) lower in comparison to the US as a whole, and it is approximately $94,200 (37%) lower in comparison to the city of Minneapolis.
Rents
The median rent in Ellsworth is $748 per month. It is about $85 (10%) lower in comparison to nearby areas.Compared to the rest of the country it is about $314 (29%) lower, and in comparison to the city of Minneapolis it is about $279 (27%) lower.
Nearby places
Hager City
Hager City is about 8 miles south from Ellsworth. The real estate prices there are similar. The price of the median home in Hager City is $161,300, which is $3,900 (2%) higher than Ellsworth. Rent there is similar. The median rent in Hager City is $738 a month, which is $10 (1%) lower than Ellsworth.
Bay City
Bay City is approximately 9 miles south from Ellsworth. The real estate prices there are somewhat less expensive. The median home in Bay City costs $125,400, which works out to $32,000 (25%) lower than Ellsworth. Rents there are fairly similar. The median monthly rent in Bay City is $729, which comes out to $19 (2%) lower than Ellsworth.
River Falls
River Falls is approximately 9 miles northwest from Ellsworth. Real estate prices there are a little more expensive. The median home price in River Falls is $197,000, which is $39,600 (20%) higher than Ellsworth. Rent there is a bit more expensive. In River Falls the median rent is $893 a month, which comes out to $145 (16%) higher than Ellsworth.
Red Wing
Red Wing is roughly 11 miles southwest of Ellsworth. Its real estate prices are a little more expensive. The median home in Red Wing is valued at $174,000, which works out to $16,600 (9%) higher than Ellsworth. Rent there is somewhat more expensive. Red Wing's median rent is $899 a month, which is $151 (16%) higher than Ellsworth.
Spring Valley
Spring Valley is roughly 12 miles northeast from Ellsworth. Its housing prices are a bit less expensive. Spring Valley's median home value is $124,100, which comes out to $33,300 (26%) lower than Ellsworth. Rents there are somewhat more expensive. In Spring Valley the median monthly rent is $905, which is $157 (17%) higher than Ellsworth.