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Cheap Homes in Ellsworth, MN

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Ellsworth, MN Foreclosures

Current Market Conditions in in Ellsworth, MN As of February 2026?
Over the past month, real estate activity in Ellsworth has seen a notable shift. The number of homes listed for sale has increased, giving buyers more selection than they had in prior months. Prices have stabilized, which may encourage hesitant buyers to finally make a purchase. The overall days on the market have increased slightly as buyers take their time making decisions, resulting in a more balanced environment between buyers and sellers.
How much do homes sell for in Ellsworth, MN?
The average home price is currently $148,062.
What’s the average rental cost in Ellsworth, MN?
The average rental price in Ellsworth is $934.
What is the most expensive home in Ellsworth?
The most expensive home sold in Ellsworth had a price of $961,872.
What is currently the cheapest priced home in Ellsworth, MN?
The cheapest home for sale in Ellsworth is priced at $46,097.

Living in Ellsworth, MN

Ellsworth, Minnesota, is a charming village perfect for families or anyone looking to immerse themselves in a close-knit community. The area offers plenty of recreational activities, thanks to its beautiful parks and proximity to outdoor adventures. With a friendly atmosphere and various local amenities, Ellsworth is an ideal place to call home.

Buyer vs Seller Market in Ellsworth, MN

The real estate market in Ellsworth is currently favoring buyers due to an increase in inventory and a slight dip in prices. More options are available, allowing buyers to choose homes that suit their needs without feeling rushed. However, certain desirable properties are still attracting attention and selling relatively quickly.

Ellsworth's low housing costs combined with its appealing community make it an attractive option for new buyers. Many families are moving to the area seeking the quality of life that the village provides, contributing to a gradual increase in home values.

Home Value Estimator For Ellsworth, MN

There are currently 250 real estate properties in Ellsworth, MN, with a median automated valuation model (AVM) price of $117,322.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ellsworth, MN, 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 Ellsworth, MN, is $148,062.00, with the most expensive house in Ellsworth, MN, topping out at $961,872.00 and the cheapest home in Ellsworth, MN, clocking in at $46,097.00. In other words, there’s something for every potential homebuyer or savvy investor in Ellsworth, MN!

Rent Prices In Ellsworth, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ellsworth, MN, is on a rollercoaster ride. The average rent price in Ellsworth, MN, is $934.00. Indeed, when looking to rent in Ellsworth, MN, you can expect to pay as little as $580.00 or as much as $1,900.00, with the average rent median estimated to be $850.00. The good news is that finding an affordable and desirable property to rent in Ellsworth, MN -- 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.

Cheap Homes in Ellsworth, MN

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