There are currently 4,581 real estate properties in Ellenton, FL, with a median automated valuation model (AVM) price of $286,794.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ellenton, FL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Ellenton, FL, is $346,724.00, with the most expensive house in Ellenton, FL, topping out at $15,565,500.00 and the cheapest home in Ellenton, FL, clocking in at $35,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Ellenton, FL!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ellenton, FL, is on a rollercoaster ride. The average rent price in Ellenton, FL, is $1,427.00. Indeed, when looking to rent in Ellenton, FL, you can expect to pay as little as $630.00 or as much as $3,660.00, with the average rent median estimated to be $1,440.00. The good news is that finding an affordable and desirable property to rent in Ellenton, FL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Ellenton is located in Manatee, Florida, with an estimated municipal population of 4,192 residents. All of the best foreclosed homes for sale in Ellenton are located in the following zip code areas on Foreclosure.com: 34222 34221. The estimated population per square kilometer (.62 miles) in Ellenton is 484.
So, about how much do homes cost in Ellenton? The most recent median value of resident-owned homes in Ellenton is 130,195. An estimated 73.8 percent of households in Ellenton own their homes, with an average family size of 3.12. The median household income in Ellenton is 56,937, with16.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Ellenton, the median commute time of resident workers (in minutes) is 31.6. And last, but certainly not least, are you looking for homes to rent in Ellenton? If so, the average rent price paid by renters in Ellenton is 887, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Ellenton, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Ellenton is 50.3, split between 43.6 percent male versus 56.4 female. The percentage of residents who report being married in Ellenton is 59.7, with an average family size of 3.12.
The percentage of residents who report their race in Ellenton is as follows:
White | 91.3% |
Black / African American | 6.5% |
Asian | 0.6% |
American Indian / Alaskan Native | 0% |
Native Hawaiian / Other Pacifc Islander | 0% |
Multi-racial | 1.6% |
Other | 0% |
Looking for family-friendly neighborhoods in and/or near Ellenton? Or maybe you are searching for 55+ active adult communities in and/or near Ellenton?
The percentage of residents who report their age in Ellenton is as follows:
Under 10 | 12.6% |
Aged 10-19 | 13.5% |
20s | 3.7% |
30s | 14.6% |
40s | 5.5% |
50s | 9.1% |
60s | 18.3% |
70s | 15.5% |
80+ | 7.2% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Ellenton with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Ellenton.
How do you know that living in -- or moving to -- Ellenton is right where you need to be? Perhaps you grew up in Ellenton or already live nearby; therefore, the decision to buy a home in Ellenton is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Ellenton for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Ellenton:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Ellenton.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Ellenton can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Ellenton, meanwhile, can field multiple offers from more qualified buyers.
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