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Featured local agent — Ellettsville, IN
Sarah Mitchell
Compass Real Estate · Ellettsville, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Ellettsville, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$324,900median sale price
How is the Ellettsville, IN housing market right now?
The median home sale price in Ellettsville, IN is $324,900, up 0.9% year-over-year. Homes sell in an average of 111 days with 54 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Ellettsville a buyer's or seller's market?
Ellettsville, IN is currently a balanced market, based on 2.8 months of supply and homes selling in about 111 days. How we determine this →
Homes sold
19
Last 12 weeks
Days on market
111
Average pace
Active listings
54
2.8 months supply
Sale-to-list
97.9%
Below asking
What does the Ellettsville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $324,900 |
| Median list price | $335,000 |
| Year-over-year price change | +0.9% |
| Average days on market | 111 days |
| Active inventory | 54 listings |
| Months of supply | 2.8 months |
| Sale-to-list price ratio | 97.9% |
| Median price per sq ft | $194/sq ft |
| Homes sold (latest month) | 19 |
| New listings (latest month) | 14 |
| Listings with a price cut | 20.4% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Ellettsville by property type?
How the Ellettsville, IN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $337,450 | $198/sq ft | 16 | 71 days |
| Condo / Co-op | $227,000 | $146/sq ft | 3 | 222 days |
| Townhouse | $222,000 | $143/sq ft | 1 | 76 days |
Source: Redfin · Updated monthly
The Ellettsville housing market is currently classified as a balanced market with a median sale price of $324,900. Prices have risen 0.9% compared to last year, with homes spending an average of 111 days on market, indicating 2.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.4x provides context for how home values compare to local earning capacity.
Homes for sale in Ellettsville
There are currently 54 homes listed for sale in Ellettsville, Indiana. The median listing price is $335K.
Active listings
54
Homes on market
Median list price
$335K
Avg. days on market
111
Days until sale
New this week
14
Newly listed
Who lives in Ellettsville?
Population
6,653
Median income
$82,238/yr
Median age
35.4 years
Owner-occupied
88.3%
College grads
35.9%
Avg commute
20.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Ellettsville?
Zillow home value
$280,938
Price-to-income
3.4x
Source: Zillow Research
What is it like to live in Ellettsville?
Ellettsville is a community of approximately 7K residents with a median age of 35.4 years.The median household income is $82,238, which reflects a relatively affluent area with strong earning potential. 35.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 88.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 20.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Ellettsville offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Ellettsville?
4 schools tracked · 1,993 students
The largest public schools serving Ellettsville, IN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Edgewood High School
Grades 9-12 · 762 students
Edgewood Junior High School
Grades 6-8 · 620 students
Seven Oaks Classical School
Grades K-12 · 514 students
Edgewood Early Childhood Center
Grades PK · 97 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Ellettsville, IN?
Want a head-to-head view? Compare Ellettsville side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Ellettsville?
The median home sale price in Ellettsville is $324,900, up 0.9% from last year.
How long do homes stay on market in Ellettsville?
Homes typically spend 111 days on market before going under contract.
What is the median income in Ellettsville?
The median household income is $82,238 per year.
Is Ellettsville a buyer's or seller's market?
With 2.8 months of supply, Ellettsville is currently a balanced market.
What is the Zillow home value estimate for Ellettsville?
The Zillow Home Value Index (ZHVI) for Ellettsville is $280,938, representing the typical home value in the area.
What is the median condo price in Ellettsville?
The median condo/co-op sale price in Ellettsville, IN is $227,000, compared to $337,450 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Ellettsville?
The median single-family home price in Ellettsville, IN is $337,450 (about $198 per square foot).
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