Market Overview
Home Prices in Ellenwood, GA
The median home value in Ellenwood, GA is $281,337 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.8% compared to a year ago and down 6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ellenwood are priced31% below average. Ellenwood is part of the Atlanta-Sandy Springs-Alpharetta, GA metro area.
Over the past five years, Ellenwood home values have risen by approximately21.2%, reflecting strong long-term appreciation in this market.
Price History
Ellenwood Home Price Trend
City Comparison
Ellenwood vs. National Median
At $281,337, homes in Ellenwood cost 31% below the national median of $410,000. This makes Ellenwood a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Ellenwood?
20% Down Payment
$56,267
on $281,337
Monthly P&I
$1,467/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,863/mo
incl. taxes & insurance
Income Needed
$74,520
gross annual (30% rule)
10% Down Option
$28,134
+ PMI applies
Loan Amount (20% dn)
$225,070
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Ellenwood, GA?
The median home value in Ellenwood is $281,337 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.8% year-over-year.
How much have home prices changed in Ellenwood?
Over the past year, home values in Ellenwood have decreased by 2.8%. Over five years, prices have risen approximately 21.2%.
How much do I need to earn to buy a home in Ellenwood?
To comfortably afford the median home price of $281,337 with a 20% down payment ($56,267) at today's rates (6.8%), you'd need a gross annual income of approximately $74,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Ellenwood compare to the national average home price?
The national median home value is approximately $410,000. At $281,337, homes in Ellenwood are 31% below the national average.
What metro area is Ellenwood part of?
Ellenwood is part of the Atlanta-Sandy Springs-Alpharetta, GA metropolitan area. Home prices and market conditions can vary across the broader metro region.