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Today: September 23, 2025

Current Price

$281,593

1 Month Forecast

$310,401

1-Year Forecast *

$331,957

5-Year Forecast *

$402,105

"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 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Ellendale" area is 402,105 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +42.80% meaning that investing 100000 USD today may yield a profit of 42,796 USD by 2030.

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: 2025-2031

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: $331,957* (upside of 17.9%)

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 $120,004 $124,939 $119,904 $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 331,957 USD in one year.

Is it profitable to invest in Ellendale homes?

Yes. The long-term profit potential is +17.89% 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 402,105 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 524,345 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 increased, 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 increased by 1.842% to 281,593 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 16.635% in 2020
  • 17.955% in 2021
  • 18.465% in 2022
  • 18.705% in 2023
  • 16.475% in 2024
  • 17.195% in 2025

Based on our Ellendale real estate market research and report the predicted sales prices will increase by 418.314% in the next 10 years.

Over the last 12 months, the value of homes in Ellendale fluctuated: increasing 10 times .

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

Below you will find the price predictions for 2025, 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 310401 283706 337095
September 2025 312452 295579 329324
October 2025 314516 287153 341879
November 2025 316594 289050 344138
December 2025 318686 289367 348005
Ellendale Housing Market Forecast with Real Estate Prices for 2026
January 2026 320791 290637 350946
February 2026 322911 295463 350358
March 2026 325044 308792 341297
April 2026 327192 304289 350095
May 2026 329354 312557 346151
June 2026 331530 302355 360704
July 2026 331957 301085 362829
August 2026 332191 299304 365078
September 2026 334386 310645 358127
October 2026 336595 311014 362177
November 2026 338819 311714 365925
December 2026 341058 308316 373799
Ellendale Housing Market Forecast with Real Estate Prices for 2027
January 2027 343311 312070 374553
February 2027 345579 318624 372535
March 2027 347863 326295 369430
April 2027 350161 316896 383426
May 2027 352209 323680 380738
June 2027 351823 321918 381728
July 2027 350608 330273 370944
August 2027 349398 326687 372109
September 2027 349063 314505 383620
October 2027 348598 315481 381715
November 2027 349304 316819 381790
December 2027 350307 332792 367822
Ellendale Housing Market Forecast with Real Estate Prices for 2028
January 2028 352621 331817 373426
February 2028 354951 329395 380508
March 2028 357296 325497 389096
April 2028 359657 340955 378359
May 2028 361673 328399 394947
June 2028 363424 328899 397949
July 2028 364894 340081 389707
August 2028 365445 343883 387006
September 2028 365093 341727 388459
October 2028 364449 332742 396156
November 2028 364364 343960 384769
December 2028 365459 335856 395061
Ellendale Housing Market Forecast with Real Estate Prices for 2029
January 2029 367873 343961 391785
February 2029 370304 351048 389560
March 2029 372750 349267 396234
April 2029 374160 352833 395487
May 2029 375257 347488 403026
June 2029 376819 356094 397544
July 2029 378401 341696 415106
August 2029 380588 353567 407610
September 2029 382460 348038 416881
October 2029 384987 363428 406546
November 2029 387530 366604 408457
December 2029 389613 367405 411821
Ellendale Housing Market Forecast with Real Estate Prices for 2030
January 2030 390197 355079 425315
February 2030 390897 370570 411223
March 2030 392170 357267 427073
April 2030 394239 361123 427355
May 2030 396844 370652 423036
June 2030 399466 376696 422236
July 2030 402105 377979 426232
August 2030 404762 379262 430262
September 2030 407436 381360 433512
October 2030 410128 389212 431045
November 2030 412838 379398 446278
December 2030 415566 374840 456291
Ellendale Housing Market Forecast with Real Estate Prices for 2031
January 2031 418311 376899 459724
February 2031 421075 392021 450129
March 2031 423857 387405 460309
April 2031 426658 393805 459510
May 2031 427207 396021 458393
June 2031 427509 402286 452732
July 2031 430333 392464 468203
August 2031 433177 394191 472163
September 2031 436039 407696 464381
October 2031 438920 401611 476228
November 2031 441820 415310 468329
December 2031 444739 415386 474091
Ellendale Housing Market Forecast with Real Estate Prices for 2032
January 2032 447677 404252 491102
February 2032 450635 410979 490291
March 2032 453271 415649 490892
April 2032 452774 421985 483562
May 2032 451210 414662 487758
June 2032 449653 425821 473484
July 2032 449221 423616 474827
August 2032 448623 407350 489897
September 2032 449532 410873 488192
October 2032 450823 407093 494552
November 2032 453801 430657 476945
December 2032 456800 433960 479640
Ellendale Housing Market Forecast with Real Estate Prices for 2033
January 2033 459818 431769 487867
February 2033 462856 418422 507290
March 2033 465450 429610 501289
April 2033 467703 435432 499975
May 2033 469595 433906 505284
June 2033 470304 424214 516394
July 2033 469852 429445 510259

> 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.