Ellensburg, WA


Highest Appreciating Ellensburg Neighborhoods Since 2000

Ellensburg, WA Real Estate Data

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 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Ellensburg Housing Market Information

With 19,001 people, 7,314 houses or apartments, and a median cost of homes of $270,785, Ellensburg real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Ellensburg, accounting for 44.93% of the city's housing units. Other types of housing that are prevalent in Ellensburg include large apartment complexes or high rise apartments ( 26.90%), duplexes, homes converted to apartments or other small apartment buildings ( 22.69%), and a few row houses and other attached homes ( 3.60%).

Ellensburg is dominated by renter-occupied one, two, or no bedrooms apartments. 70.88% of Ellensburg's dwellings are rentals.

There is a lot of housing in Ellensburg 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 Ellensburg built between 1940-1969 ( 25.26%). A lesser amount of the housing stock also hails from between 2000 and later ( 19.58%). There's also some housing in Ellensburg built before 1939 ( 12.55%).

Ellensburg Home Appreciation Rates

Real estate appreciation rates in Ellensburg's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.31% during the period.

Appreciation rates are so strong in Ellensburg that despite a nationwide downturn in the housing market, Ellensburg real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Ellensburg appreciation rates continue to be some of the highest in America, at 8.17%, which is higher than appreciation rates in 87.53% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Ellensburg. Ellensburg appreciation rates in the latest quarter were at 1.50%, which equates to an annual appreciation rate of 6.14%.

Relative to Washington, our data show that Ellensburg's latest annual appreciation rate is lower than 70% of the other cities and towns in Washington.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Ellensburg differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Ellensburg - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Ellensburg real estate investment or home purchase decisions.

Average Home Values


Median Home Value:

Ellensburg, WA HOME PRICES

Value Range
> $1,181,000 0.4
$886,001 - $1,181,000 0.0
$591,001 - $886,000 0.4
$473,001 - $591,000 1.1
$354,001 - $473,000 14.9
$236,001 - $354,000 35.1
$118,001 - $236,000 39.8
$59,001 - $118,000 5.6
$0 - $59,000 2.7

Average for WA
Very High for Nation

Value Relative to Nation Value Relative to State
19.6238134302121 49.645390070922

Number Of Homes And Apartments:

Ellensburg Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
59.68% 2.75% 3 7
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,043 / per month

Homeownership Rate

Owners 29.12
Renters 70.88
Vacant 7.66

Housing Market Details


Age of Homes

AGE OF Ellensburg HOMES
2000 or Newer 19.6
1970 - 1999 42.6
1940 - 1969 25.3
1939 or Older 12.5

Types of Homes

TYPE OF Ellensburg HOMES
Single-Family 44.9
Townhomes 3.6
Small Apt. Buildings 22.7
Apt. Complexes 26.9
Mobile Homes 1.9
Other 0.0

Home Size

SIZE OF Ellensburg HOMES
No Bedroom 6.05
1 Bedroom 19.42
2 Bedrooms 29.86
3 Bedrooms 36.67
4 Bedrooms 5.30
5 or more bedrooms 2.70