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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Ellabell, GA 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 Q3 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2021 (latest available). Updated annually.

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

Ellabell, GA Housing Market Trends

With a population of 7,046, 1,492 total housing units (homes and apartments), and a median house value of $173,828, house prices in Ellabell are solidly below the national average.

Single-family detached homes are the single most common housing type in Ellabell, accounting for 67.06% of the town's housing units. Other types of housing that are prevalent in Ellabell include mobile homes or trailers ( 32.31%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Ellabell. Owner-occupied housing accounts for 74.82% of Ellabell's homes, and 75.04% have either three or four bedrooms, which is average sized relative to America.

Ellabell homes and real estate are some of the newest in America. 44.49% of Ellabell'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 Ellabell real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 41.89%), and between 1940-1969 ( 10.12%). There's also some housing in Ellabell built before 1939 ( 3.50%).

Vacant housing appears to be an issue in Ellabell. Fully 12.85% of the housing stock is classified as vacant. Left unchecked, vacant Ellabell homes and apartments can be a drag on the real estate market, holding Ellabell real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Ellabell Home Appreciation Rates

Real estate appreciation rates in Ellabell's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.58% during the period.

NeighborhoodScout's data show that during the latest twelve months, Ellabell's appreciation rate, at 4.30%, has been at or slightly above the national average. In the latest quarter, Ellabell's appreciation rate has been 6.68%, which annualizes to a rate of 29.51%.

Importantly, this makes Ellabell 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 Georgia, our data show that Ellabell's latest annual appreciation rate is lower than 60% of the other cities and towns in Georgia.

Average Home Values

Median Home Value

$173,828

Ellabell, GA Home Prices
> $1,299,000
$974,001 - $1,299,000
$650,001 - $974,000
$520,001 - $650,000
$390,001 - $520,000
$260,001 - $390,000
$130,001 - $260,000
$65,001 - $130,000
$0 - $65,000
0.3%
0.3%
0.0%
0.0%
0.0%
0.0%
1.6%
1.6%
3.5%
3.5%
14.4%
14.4%
56.5%
56.5%
12.8%
12.8%
10.8%
10.8%
0% 100.0%
% of Homes
Low

for Georgia

Low

for nation

Number of Homes And Apartments:

1,492

Ellabell Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,043 / per month

Homeownership Rate

Owners
Renters
Vacant
74.8%
74.8%
25.2%
25.2%
12.9%
12.9%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
44.5%
44.5%
41.9%
41.9%
10.1%
10.1%
3.5%
3.5%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
67.1%
67.1%
0.2%
0.2%
0.0%
0.0%
0.0%
0.0%
32.3%
32.3%
0.4%
0.4%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
1.2%
1.2%
17.8%
17.8%
59.6%
59.6%
15.4%
15.4%
6.0%
6.0%
0% 100.0%
% of Homes

Popular Neighborhoods in Ellabell

Zip Codes in Ellabell, GA