Market Overview
Home Prices in Ellensburg, WA
The median home value in Ellensburg, WA is $459,945 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.3% compared to a year ago and up 0.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ellensburg are priced12% above average. Ellensburg is part of the Ellensburg, WA metro area.
Over the past five years, Ellensburg home values have risen by approximately15.1%, reflecting steady appreciation in this market.
Price History
Ellensburg Home Price Trend
City Comparison
Ellensburg vs. National Median
At $459,945, homes in Ellensburg cost 12% above the national median of $410,000. Buyers in Ellensburg should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Ellensburg?
20% Down Payment
$91,989
on $459,945
Monthly P&I
$2,399/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,047/mo
incl. taxes & insurance
Income Needed
$121,880
gross annual (30% rule)
10% Down Option
$45,995
+ PMI applies
Loan Amount (20% dn)
$367,956
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 Ellensburg, WA?
The median home value in Ellensburg is $459,945 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.3% year-over-year.
How much have home prices changed in Ellensburg?
Over the past year, home values in Ellensburg have decreased by 0.3%. Over five years, prices have risen approximately 15.1%.
How much do I need to earn to buy a home in Ellensburg?
To comfortably afford the median home price of $459,945 with a 20% down payment ($91,989) at today's rates (6.8%), you'd need a gross annual income of approximately $121,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Ellensburg compare to the national average home price?
The national median home value is approximately $410,000. At $459,945, homes in Ellensburg are 12% above the national average.
What metro area is Ellensburg part of?
Ellensburg is part of the Ellensburg, WA metropolitan area. Home prices and market conditions can vary across the broader metro region.