Market Overview
Home Prices in Ellwood City, PA
The median home value in Ellwood City, PA is $160,976 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.4% compared to a year ago and down 0.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ellwood City are priced61% below average. Ellwood City is part of the New Castle, PA metro area.
Over the past five years, Ellwood City home values have risen by approximately15.6%, reflecting steady appreciation in this market.
Price History
Ellwood City Home Price Trend
City Comparison
Ellwood City vs. National Median
At $160,976, homes in Ellwood City cost 61% below the national median of $410,000. This makes Ellwood City a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Ellwood City?
20% Down Payment
$32,195
on $160,976
Monthly P&I
$840/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,067/mo
incl. taxes & insurance
Income Needed
$42,680
gross annual (30% rule)
10% Down Option
$16,098
+ PMI applies
Loan Amount (20% dn)
$128,781
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 Ellwood City, PA?
The median home value in Ellwood City is $160,976 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.4% year-over-year.
How much have home prices changed in Ellwood City?
Over the past year, home values in Ellwood City have increased by 0.4%. Over five years, prices have risen approximately 15.6%.
How much do I need to earn to buy a home in Ellwood City?
To comfortably afford the median home price of $160,976 with a 20% down payment ($32,195) at today's rates (6.8%), you'd need a gross annual income of approximately $42,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Ellwood City compare to the national average home price?
The national median home value is approximately $410,000. At $160,976, homes in Ellwood City are 61% below the national average.
What metro area is Ellwood City part of?
Ellwood City is part of the New Castle, PA metropolitan area. Home prices and market conditions can vary across the broader metro region.