Ellington, CT Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Ellington, CT Housing Market Trends

With 16,467 people, 7,000 houses or apartments, and a median cost of homes of $305,780, Ellington real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Ellington, accounting for 56.52% of the town's housing units. Other types of housing that are prevalent in Ellington include large apartment complexes or high rise apartments ( 21.81%), duplexes, homes converted to apartments or other small apartment buildings ( 14.02%), and a few row houses and other attached homes ( 7.64%).

The most prevalent building size and type in Ellington are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 62.52% owning and 37.48% renting.

There is a lot of housing in Ellington built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Ellington built between 1940-1969 ( 23.63%). A lesser amount of the housing stock also hails from between 2000 and later ( 23.44%). There's also some housing in Ellington built before 1939 ( 9.58%).

Ellington Home Appreciation Rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Ellington, where house values have increased just 7.87%, which is annualized rate of 0.76%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.

Over the last year, Ellington appreciation rates have trailed the rest of the nation. In the last twelve months, Ellington's appreciation rate has been 3.97%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Ellington were at 2.15%, which equates to an annual appreciation rate of 8.87%.

Relative to Connecticut, our data show that Ellington's latest annual appreciation rate is lower than 90% of the other cities and towns in Connecticut.

Average Home Values

 

Median Home Value:
$305,780

Ellington, CT HOME PRICES

> $1,081,000
0.6%
0.6%
$811,001 - $1,081,000
1.6%
1.6%
$541,001 - $811,000
4.7%
4.7%
$432,001 - $541,000
12.7%
12.7%
$324,001 - $432,000
24.0%
24.0%
$216,001 - $324,000
36.8%
36.8%
$108,001 - $216,000
14.4%
14.4%
$54,001 - $108,000
3.9%
3.9%
$0 - $54,000
1.3%
1.3%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

Average for CT

Value Relative To Nation

Number Of Homes And Apartments:
7,000

Ellington Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CT*
Compared To
America*
Latest Quarter:
2020 Q4 - 2021 Q1
Last 12 Months:
2020 Q1 - 2021 Q1
Last 2 Years:
2019 Q1 - 2021 Q1
Last 5 Years:
2016 Q1 - 2021 Q1
Last 10 Years:
2011 Q1 - 2021 Q1
Since 2000:
2000 Q1 - 2021 Q1
48.27% 1.87%
5
2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,588 / per month

Homeownership Rate

Owners
62.5%
62.5%
Renters
37.5%
37.5%
Vacant
5.6%
5.6%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
23.4%
23.4%
1970 - 1999
43.3%
43.3%
1940 - 1969
23.6%
23.6%
1939 or Older
9.6%
9.6%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
56.5%
56.5%
Townhomes
7.6%
7.6%
Small Apt. Buildings
14.0%
14.0%
Apt. Complexes
21.8%
21.8%
Mobile Homes
0.0%
0.0%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.0%
0.0%
1 Bedroom
24.6%
24.6%
2 Bedrooms
20.8%
20.8%
3 Bedrooms
32.1%
32.1%
4 Bedrooms
21.9%
21.9%
5 or more bedrooms
0.7%
0.7%
0.0% 100.0%
% OF HOMES

Popular Neighborhoods in Ellington

Zip Codes in Ellington, CT