Current Price

$281,593

1 Month Forecast

â–² $310,378

1-Year Forecast *

â–² $329,763

5-Year Forecast *

â–² $396,577

"Is it a good time to buy homes in Ellendale?" "Does investing in real estate in Ellendale (Minnesota State, Steele County) worth it?" According to our live Forecast System, buying a house in Ellendale is a good short-term (1-year) investment*. The Ellendale average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Ellendale" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Ellendale in Minnesota State, Steele County. If you are looking for homes for sale with good flipping profit, Ellendale can be a profitable property investment option. The median price of an average house in Ellendale was 281,593 USD on 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Ellendale" area is 396,577 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +40.83% meaning that investing 100000 USD today may yield a profit of 40,833 USD by 2031.

Current Median Listing Price: 281,593 USD Median Listing Price Per Square Foot: 156 USD

Ellendale Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Ellendale (Minnesota State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Ellendale Price Target

Ellendale median home price target in 12 months: $329,763* (upside of 17.1%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $300,913 $308,363 $300,913 $308,363
2024 $265,338 $281,593 $265,338 $281,593
2023 $252,920 $265,400 $252,920 $266,125
2022 $237,420 $252,409 $237,420 $255,812
2021 $210,119 $233,816 $210,119 $233,816
2020 $190,204 $207,271 $190,204 $207,271
2019 $178,704 $189,561 $178,704 $189,561
2018 $168,528 $177,357 $168,528 $177,357
2017 $157,940 $167,421 $157,940 $167,421
2016 $146,073 $156,069 $146,073 $156,069
2015 $137,748 $145,270 $137,748 $145,270
2014 $132,360 $137,831 $132,360 $138,639
2013 $125,162 $132,371 $125,162 $132,375
2012 $120,125 $124,939 $120,125 $125,015

Questions & Answers about the Ellendale Housing Market Forecast

How much does an average home cost in Ellendale today?

The value of an average home (the listing price) in Ellendale is $281,593 USD.

What is the average price per square foot in Ellendale?

According to Walletinvestor the median price per square foot in Ellendale is 156 USD.

Will the median listing price of homes in Ellendale grow / rise / go up?

Yes. The Ellendale home prices may rise from 281,593 USD to 329,763 USD in one year.

Is it profitable to invest in Ellendale homes?

Yes. The long-term profit potential is +17.11% in one year.

Will Ellendale house prices fall / drop?

No. See above.

What is the predicted price of a Ellendale home in 2030?

The predicted home sales price of a Ellendale home in 2030 in Ellendale is 374,278 USD.

What is the predicted price of a Ellendale home in 2035?

The predicted home sales price of a Ellendale home in 2035 in Ellendale is 482,217 USD.

Will real estate prices decrease in Ellendale?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Ellendale is the 11994. largest city in the United States, located in Minnesota State.

During the last 12 months the real estate prices in Steele, Ellendale decreased, looking at the past 12 months.

According to Walletinvestor's Ellendale real estate market research, home values will increase in the next 12 months.

Median home values decreased by 7.060% to 281,593 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 18.846% in 2021
  • 15.986% in 2022
  • 15.286% in 2023
  • 18.996% in 2024
  • 17.296% in 2025
  • 15.546% in 2026

Based on our Ellendale real estate market research and report the predicted sales prices will increase by 385.059% in the next 10 years.

Over the last 12 months, the value of homes in Ellendale fluctuated: increasing 4 times .

Ellendale (Minnesota) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Ellendale Housing Market Forecast with Real Estate Prices for 2025
August 2025 310378 281202 339553
September 2025 312405 283351 341458
October 2025 314445 291805 337085
November 2025 316499 300674 332324
December 2025 318566 299771 337362
Ellendale Housing Market Forecast with Real Estate Prices for 2026
January 2026 318977 287717 350236
February 2026 319202 294304 344099
March 2026 321287 304901 337672
April 2026 323385 297191 349579
May 2026 325497 295226 355768
June 2026 327623 299448 355799
July 2026 329763 300744 358782
August 2026 331917 308019 355815
September 2026 334085 308360 359809
October 2026 336267 313064 359469
November 2026 338234 306102 370366
December 2026 337863 317253 358472
Ellendale Housing Market Forecast with Real Estate Prices for 2027
January 2027 336614 309685 363543
February 2027 335370 302504 368237
March 2027 335048 311930 358167
April 2027 334603 309173 360032
May 2027 335280 301752 368809
June 2027 336243 305645 366841
July 2027 338439 312379 364499
August 2027 340649 308288 373011
September 2027 342874 315787 369961
October 2027 345114 315779 374449
November 2027 347048 314078 380017
December 2027 348728 321876 375580
Ellendale Housing Market Forecast with Real Estate Prices for 2028
January 2028 350139 327030 373248
February 2028 350667 326471 374863
March 2028 350330 320202 380459
April 2028 349712 329778 369645
May 2028 349631 331100 368161
June 2028 350681 324029 377333
July 2028 352971 319439 386503
August 2028 355277 329697 380857
September 2028 357597 332923 382271
October 2028 358949 328080 389819
November 2028 360002 329042 390962
December 2028 361500 342341 380660
Ellendale Housing Market Forecast with Real Estate Prices for 2029
January 2029 363018 333976 392059
February 2029 365117 335907 394326
March 2029 366912 340127 393696
April 2029 369308 337548 401069
May 2029 371720 338266 405175
June 2029 373718 345316 402121
July 2029 374278 337599 410958
August 2029 374949 338204 411694
September 2029 376170 339682 412659
October 2029 378156 350928 405383
November 2029 380626 356265 404986
December 2029 383112 359359 406864
Ellendale Housing Market Forecast with Real Estate Prices for 2030
January 2030 385614 352065 419162
February 2030 388132 368726 407539
March 2030 390667 356679 424656
April 2030 393219 366480 419958
May 2030 393726 357109 430342
June 2030 394004 367999 420008
July 2030 396577 363264 429889
August 2030 399167 361246 437088
September 2030 401774 380480 423068
October 2030 404398 383370 425427
November 2030 407040 381803 432276
December 2030 409698 382658 436738
Ellendale Housing Market Forecast with Real Estate Prices for 2031
January 2031 412374 381034 443715
February 2031 415068 382692 447443
March 2031 417496 384096 450895
April 2031 417037 375334 458741
May 2031 415496 387658 443335
June 2031 413961 383328 444594
July 2031 413564 376343 450784
August 2031 413013 379146 446881
September 2031 413850 385708 441992
October 2031 415038 380590 449486
November 2031 417749 390595 444903
December 2031 420477 379271 461684
Ellendale Housing Market Forecast with Real Estate Prices for 2032
January 2032 423224 401216 445231
February 2032 425988 404263 447713
March 2032 428375 404815 451936
April 2032 430449 390848 470051
May 2032 432191 404530 459851
June 2032 432843 407738 457948
July 2032 432427 393941 470913

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.