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Featured local agent — Ellicottville, NY

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Ellicottville, NY

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Ellicottville, NY(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Ellicottville, NY Housing Market & Real Estate

Leaning buyer's+42.9% YoY

Housing market overview · Updated monthly ·

$500,000median sale price

How is the Ellicottville, NY housing market right now?

The median home sale price in Ellicottville, NY is $500,000, up 42.9% year-over-year. Homes sell in an average of 170 days with 11 active listings. The market is currently a leaning buyer's. (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 Ellicottville a buyer's or seller's market?

Leaning buyer's3.7 months of supply170 avg. days on market

Ellicottville, NY is currently a leaning buyer's, based on 3.7 months of supply and homes selling in about 170 days. How we determine this →

Homes sold

3

Last 12 weeks

Days on market

170

Average pace

Active listings

11

3.7 months supply

Sale-to-list

90.3%

Below asking

What does the Ellicottville housing market data show?

Current housing market statistics for Ellicottville, NY
MetricValue
Median sale price$500,000
Median list price$329,000
Year-over-year price change+42.9%
Average days on market170 days
Active inventory11 listings
Months of supply3.7 months
Sale-to-list price ratio90.3%
Median price per sq ft$301/sq ft
Homes sold (latest month)3
New listings (latest month)1
Listings with a price cut18.2%
Market conditionLeaning buyer's

Source: Redfin · Updated monthly

How much do homes cost in Ellicottville by property type?

How the Ellicottville, NY market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Ellicottville, NY
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$615,650$252/sq ft2268 days
Condo / Co-op$440,000$301/sq ft176 days
Townhouse$345,000$249/sq ft120 days

Source: Redfin · Updated monthly

The Ellicottville housing market is currently classified as a leaning buyer's with a median sale price of $500,000. Prices have risen 42.9% compared to last year, with homes spending an average of 170 days on market, indicating 3.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Homes for sale in Ellicottville

There are currently 11 homes listed for sale in Ellicottville, New York. The median listing price is $329K.

Active listings

11

Homes on market

Median list price

$329K

Avg. days on market

170

Days until sale

New this week

1

Newly listed

Price drops:18.2%of listings
Sale-to-list:90.3%

Who lives in Ellicottville?

Population

342

Median income

$88,333/yr

Median age

47.6 years

Owner-occupied

82.2%

College grads

54.3%

Avg commute

21.1 min

Source: U.S. Census Bureau ACS

What is it like to live in Ellicottville?

Ellicottville is a community of approximately 0K residents with a median age of 47.6 years.The median household income is $88,333, which reflects a relatively affluent area with strong earning potential. 54.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 82.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 21.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Ellicottville offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Ellicottville?

2 schools tracked · 539 students

The largest public schools serving Ellicottville, NY 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.

ELLICOTTVILLE MIDDLE SCHOOL HIGH SCHOOL

Grades 6-12 · 306 students

Public

ELLICOTTVILLE ELEMENTARY SCHOOL

Grades PK-5 · 233 students

Public

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 Ellicottville, NY?

Want a head-to-head view? Compare Ellicottville side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Ellicottville?

The median home sale price in Ellicottville is $500,000, up 42.9% from last year.

How long do homes stay on market in Ellicottville?

Homes typically spend 170 days on market before going under contract.

What is the median income in Ellicottville?

The median household income is $88,333 per year.

Is Ellicottville a buyer's or seller's market?

With 3.7 months of supply, Ellicottville is currently a leaning buyer's.

What is the median condo price in Ellicottville?

The median condo/co-op sale price in Ellicottville, NY is $440,000, compared to $615,650 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Ellicottville?

The median single-family home price in Ellicottville, NY is $615,650 (about $252 per square foot).

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