Ellison Bay, WI Foreclosures
Current Market Conditions in in Ellison Bay, WI As of February 2026?
Over the past month, the Ellison Bay real estate market has remained stable, with slight fluctuations in the number of new listings. The average time on market has decreased, indicating that homes are selling faster than in previous months. There has been a slight uptick in prices due to higher buyer interest, particularly for waterfront properties, suggesting that demand is still strong despite seasonal shifts.
How much do homes sell for in Ellison Bay, WI?
The average home price is currently $653,649.
What’s the average rental cost in Ellison Bay, WI?
The average rental price in Ellison Bay is $1,560.
What is the most expensive home in Ellison Bay?
The most expensive home sold in Ellison Bay had a price of $4,239,581.
What is currently the cheapest priced home in Ellison Bay, WI?
The cheapest home for sale in Ellison Bay is priced at $21,709.
Living in Ellison Bay, WI
Nestled along the shores of Lake Michigan, Ellison Bay, WI, is a picturesque community in Door County, known for its stunning landscapes and charming small-town atmosphere. Residents enjoy a wealth of outdoor activities, unique local shops, and frequent community events. Its close-knit community and beautiful nature make it an inviting place to live or visit.
Buyer vs Seller Market in Ellison Bay, WI
The real estate market in Ellison Bay is characterized by steady demand, driven largely by buyers seeking vacation homes and retirement properties. The area's natural beauty, combined with its access to outdoor activities, keeps the market active, especially during the summer months when tourism peaks. Overall, home prices have shown a gradual appreciation over the past year, reflecting the desirability of the neighborhood.
There has been a notable trend in buyers seeking larger homes with more outdoor space, particularly in light of ongoing changes in work-from-home policies. Properties that offer proximity to water and recreational areas are particularly sought after, with many homes receiving multiple offers shortly after listing.
Home Value Estimator For Ellison Bay, WI
There are currently 1,391 real estate properties
in Ellison Bay, WI,
with a median automated valuation model (AVM) price
of $526,869.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ellison Bay, WI, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Ellison Bay, WI,
is $653,649.00, with the most expensive house
in Ellison Bay, WI, topping out
at $4,239,581.00 and the cheapest home
in Ellison Bay, WI,
clocking in at $21,709.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ellison Bay, WI!
Rent Prices
In Ellison Bay, WI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ellison Bay, WI, is on
a rollercoaster ride. The
average rent price in Ellison Bay, WI,
is $1,560.00. Indeed, when looking to rent in
Ellison Bay, WI, you can expect to pay as little
as $930.00 or as much
as $2,200.00,
with the average rent median estimated to
be $1,600.00. The good news is that finding
an affordable and desirable property to rent in Ellison Bay, WI
-- 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.
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