Ellsworth, MN 56129 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Ellsworth, MN—56129

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$135,000

N/A

Household Income

$66,700

31.0% YoY Growth

Days on Market

149

360.0% Longer YoY

Home Price Forecast

N/A

Median Rent

$719

0.0% YoY Growth

1-Bed Rent

$719

0.0% YoY Growth

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Ellsworth, MN

Ellsworth, MN lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	N/A	N/A
Single Family	N/A	N/A
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Ellsworth, MN

As of July '25, Rentcast reports the average rent in Ellsworth, MN is $719, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Ellsworth, MN is 1-bedrooms: $719. The most common rental property sizes in Ellsworth, MN are 3-bedroom and 1-bedroom, accounting for 40.0% and 28.9% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$719	$719
Studio Rent	N/A	N/A
1 Bed Rent	$719	$719
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

28.9%

2 Bedrooms

4.4%

3 Bedrooms

40.0%

4 Bedrooms

26.7%

Property Listings — Ellsworth, MN

As of Nov '25, Realtor.com reports that the median days on market for a home in Ellsworth, MN is 149. This is a increase of 360.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$135,000	87.0%
Listing Count	1	0.0%
Listings as % of Homes	N/A	0.0%
Days on Market	149	360.0%

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Demographics — Ellsworth, MN

As of the latest ACS Survey released in 2023, Ellsworth, MN has a population of 780, which has increased by 5.3% over the past 5 years. Ellsworth, MN is a popular place for families, as children make up 27.3% of the population. The area has a poorly educated workforce, with 16.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	780	5.3%
% Under 18	27.3%	21.3%
% Seniors	22.3%	-11.2%
% WFH	13.8%	181.6%
% w/ College Degree	16.4%	-12.8%

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As of the latest ACS Survey released in 2023, Ellsworth, MN is a predominantly white area, with 96.4% of the population identifying as white. The white population has shrunk by 0.1% in the last 5 years. The second most common race or ethnicity in Ellsworth, MN is hispanic, making up 1.9% of the population. Foreign-born residents account for 1.5% of the population in Ellsworth, MN, and this percentage has decreased by 31.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	96.4%	-0.1%
% Black	0.1%	-85.7%
% Hispanic	1.9%	-26.9%
% Asian	0.3%	-72.7%
% Foreign Born	1.5%	-31.8%

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Mortgage and Risk — Ellsworth, MN

According to HUD data as of 2023, there were 20 mortgage originations in Ellsworth, MN, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Ellsworth, MN. Investor activity is low, as 10.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	20
% Conventional Loans	80.0%
% Government Loans	20.0%
% Investor Loans	10.0%
% Second Loans	0.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Ellsworth, MN

Ellsworth, MN lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	14
Total Units Section 8	14
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$11	$719	$730
2 Bedroom	N/A	N/A	$960
3 Bedroom	N/A	N/A	$1,170
4 Bedroom	N/A	N/A	$1,280

Ellsworth, MN—56129

Key Metrics at a Glance

Home Price Trends — Ellsworth, MN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Ellsworth, MN

% of Rental Stock

Property Listings — Ellsworth, MN

Demographics — Ellsworth, MN

Race and Ethnicity

Mortgage and Risk — Ellsworth, MN

Mortgages

Rentals and Section 8 — Ellsworth, MN

Section 8 Market Size

Section 8 Opportunity

Affordability — Ellsworth, MN

Home Price to Income Ratio

Ellsworth, MN — ZIP Code Boundary Map

Nearby ZIP Codes

Magnolia, MN

Adrian, MN

Rushmore, MN

Lismore, MN

Leota

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	N/A
Median Home Price	N/A
Median Household Income	$66,700

Ellsworth, MN—56129

Key Metrics at a Glance

Home Price Trends — Ellsworth, MN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Ellsworth, MN

% of Rental Stock

Property Listings — Ellsworth, MN

Demographics — Ellsworth, MN

Race and Ethnicity

Mortgage and Risk — Ellsworth, MN

Mortgages

Rentals and Section 8 — Ellsworth, MN

Section 8 Market Size

Section 8 Opportunity

Affordability — Ellsworth, MN

Home Price to Income Ratio

Ellsworth, MN — ZIP Code Boundary Map

Nearby ZIP Codes

Magnolia, MN

Adrian, MN

Rushmore, MN

Lismore, MN

Leota

Frequently Asked Questions

What is the average home price in Ellsworth, MN 56129?

How have home prices in Ellsworth, MN 56129 changed over the past year?

What is the home price projection for Ellsworth, MN 56129?

What are the demographics of Ellsworth, MN 56129?

How long does it take homes to sell in Ellsworth, MN 56129?

What is the average rent price in Ellsworth, MN 56129?