Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 4,129, 1,881 total housing units (homes and apartments), and a median house value of $349,858, Ellenton real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Ellenton, accounting for 60.45% of the town's housing units. Other types of housing that are prevalent in Ellenton include mobile homes or trailers ( 21.88%), large apartment complexes or high rise apartments ( 9.15%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.80%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Ellenton. Owner-occupied housing accounts for 69.02% of Ellenton's homes, and 59.67% have either three or four bedrooms, which is average sized relative to America.
Ellenton homes and real estate are some of the newest in America. 40.28% of Ellenton's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Ellenton real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 38.13%), and between 1940-1969 ( 21.59%).
In the last 10 years, Ellenton has experienced some of the highest home appreciation rates of any community in the nation. Ellenton real estate appreciated 232.23% over the last ten years, which is an average annual home appreciation rate of 12.76%, putting Ellenton in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Ellenton definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Ellenton that despite a nationwide downturn in the housing market, Ellenton real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Ellenton appreciation rates continue to be some of the highest in America, at 13.70%, which is higher than appreciation rates in 82.54% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Ellenton. Ellenton appreciation rates in the latest quarter were at 5.31%, which equates to an annual appreciation rate of 22.99%.
Importantly, this makes Ellenton one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to Florida, our data show that Ellenton's latest annual appreciation rate is higher than 70% of the other cities and towns in Florida.
$349,858
for Florida
for nation
1,881
$2,435 / per month