Market Overview
Home Prices in Ellis, KS
The median home value in Ellis, KS is $170,717 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.2% compared to a year ago and up 7.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ellis are priced58% below average. Ellis is part of the Hays, KS metro area.
Over the past five years, Ellis home values have risen by approximately25.6%, reflecting strong long-term appreciation in this market.
Price History
Ellis Home Price Trend
2020
$126,970
$127K
—
2021
$135,916
$136K
+7.0%
2022
$153,634
$154K
+13.0%
2023
$149,930
$150K
-2.4%
2024
$154,256
$154K
+2.9%
2025
$165,346
$165K
+7.2%
2026
$170,717
$171K
+3.2%
City Comparison
Ellis vs. National Median
🏠 Ellis
$170,717
National Median
$410,000
At $170,717, homes in Ellis cost 58% below the national median of $410,000. This makes Ellis a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Ellis?
20% Down Payment
$34,143
on $170,717
Monthly P&I
$890/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,130/mo
incl. taxes & insurance
Income Needed
$45,200
gross annual (30% rule)
10% Down Option
$17,072
+ PMI applies
Loan Amount (20% dn)
$136,574
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 Ellis, KS?
The median home value in Ellis is $170,717 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.2% year-over-year.
How much have home prices changed in Ellis?
Over the past year, home values in Ellis have increased by 3.2%. Over five years, prices have risen approximately 25.6%.
How much do I need to earn to buy a home in Ellis?
To comfortably afford the median home price of $170,717 with a 20% down payment ($34,143) at today's rates (6.8%), you'd need a gross annual income of approximately $45,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Ellis compare to the national average home price?
The national median home value is approximately $410,000. At $170,717, homes in Ellis are 58% below the national average.
What metro area is Ellis part of?
Ellis is part of the Hays, KS metropolitan area. Home prices and market conditions can vary across the broader metro region.