Foreclosure Homes in Ellettsville, IN

Current Market Conditions in Ellettsville, IN

The real estate market in Ellettsville has shown steady growth, with increasing demand for homes as more families and individuals seek the benefits of small-town living. The average price point for homes remains affordable compared to the nearby city of Bloomington, making Ellettsville an attractive option for first-time buyers.

Home prices have seen a moderate increase over the past year, attributed to the town’s appealing community and closeness to larger urban areas. The inventory of available homes is relatively low, which can sometimes lead to competitive bidding situations, especially for well-maintained properties.

Rent Prices In Ellettsville, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ellettsville, IN, is on a rollercoaster ride. The average rent price in Ellettsville, IN, is $1,201.00. Indeed, when looking to rent in Ellettsville, IN, you can expect to pay as little as $610.00 or as much as $2,180.00, with the average rent median estimated to be $1,190.00. The good news is that finding an affordable and desirable property to rent in Ellettsville, IN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.