Ellettsville IN Home Prices & Data 2026
Ellettsville is an incorporated town in Monroe County, Indiana, situated approximately five miles northwest of Bloomington along State Road 46. With a population of roughly 6,800 residents and a housing stock anchored by affordable single-family homes near Indiana University, Ellettsville offers real estate agents a compact, high-turnover farming territory where median prices remain well below the national average and commission volume is driven by first-time buyers and university-adjacent relocations.
Key Takeaways:
According to the Indiana Association of Realtors (IAR), Ellettsville's median sale price reached $232,000 in early 2026, up 4.8% year-over-year
The town recorded approximately 285 residential transactions in 2025, according to MIBOR MLS data
According to the U.S. Census Bureau, the median household income in Ellettsville is $62,400, yielding a price-to-income ratio of 3.7
Commission per side averages $5,800-$6,960 at prevailing 2.5-3.0% rates, according to IAR market reports
Agents using US Tech Automations can automate price-alert campaigns across Ellettsville's distinct micro-neighborhoods to capture listing appointments before competing agents respond
Median Home Prices & Historical Trends
According to IAR and MIBOR MLS data, Ellettsville's price trajectory reflects steady appreciation driven by Bloomington's employment base and the town's relative affordability compared to in-city neighborhoods.
| Year | Median Sale Price | Year-over-Year Change | Price/Sq Ft | Avg Days on Market |
|---|---|---|---|---|
| 2026 (YTD) | $232,000 | +4.8% | $138 | 18 |
| 2025 | $221,000 | +5.2% | $131 | 22 |
| 2024 | $210,000 | +4.5% | $125 | 26 |
| 2023 | $201,000 | +2.0% | $120 | 32 |
| 2022 | $197,000 | -1.5% | $117 | 28 |
| 2021 | $200,000 | +16.3% | $119 | 14 |
What is the median home price in Ellettsville IN? According to IAR, the median sale price in Ellettsville reached $232,000 in early 2026, representing a 4.8% increase from the prior year. This positions Ellettsville approximately 18% below Bloomington's in-city median of $283,000, making it an attractive alternative for buyers seeking more square footage and larger lots without sacrificing access to university employment and amenities.
According to IAR, Ellettsville's 5-year cumulative appreciation of approximately 16% trails the broader Monroe County average of 22%, but the town's lower entry price point drives higher transaction volume per capita than nearby Martinsville or Spencer.
The affordable price point attracts first-time buyers relocating from Bloomington rentals, creating a reliable transaction pipeline for agents who farm consistently.
Price Segmentation by Property Type
According to MIBOR MLS, Ellettsville's housing stock breaks into distinct price segments that require different marketing approaches and offer varying commission opportunities.
| Property Type | Median Price | Avg Sq Ft | Share of Sales | Typical Buyer Profile |
|---|---|---|---|---|
| Starter homes (2-3 BR) | $175,000 | 1,100 | 38% | First-time buyers, IU staff |
| Mid-range family (3-4 BR) | $240,000 | 1,650 | 35% | Move-up families, dual income |
| Newer construction | $310,000 | 2,100 | 15% | Professionals, remote workers |
| Rural/acreage lots | $285,000 | 1,800 | 8% | Lifestyle buyers, retirees |
| Multi-family/duplex | $195,000 | 1,400 | 4% | Investors, IU rental market |
How do Ellettsville prices compare to Bloomington? According to MIBOR MLS, Ellettsville's starter home segment at $175,000 median is roughly 22% below comparable Bloomington properties at $225,000. This price gap has narrowed from 30% in 2021, according to IAR data, as demand pressure from Bloomington's constrained inventory pushes buyers to satellite communities.
Agents leveraging US Tech Automations can build automated drip campaigns segmented by price tier, ensuring that first-time buyer prospects receive starter-home listings while move-up families get targeted to the $240,000-$310,000 range with relevant neighborhood data.
| Price Segment | Volume (2025) | Avg DOM | Avg Commission/Side | Annual Pool |
|---|---|---|---|---|
| Under $200,000 | 108 | 16 | $5,000 | $540,000 |
| $200,000-$275,000 | 102 | 22 | $6,500 | $663,000 |
| $275,000-$350,000 | 48 | 28 | $8,500 | $408,000 |
| Over $350,000 | 27 | 35 | $10,500 | $283,500 |
| Total | 285 | 22 | $6,380 | $1,894,500 |
Commission Structure & Agent Economics
According to IAR and NAR settlement data, commission structures in the Ellettsville market reflect the 2024 NAR settlement changes while maintaining competitive split rates for buyer and listing agents.
| Commission Metric | Ellettsville | Monroe County | Indiana State |
|---|---|---|---|
| Avg listing-side rate | 2.7% | 2.8% | 2.8% |
| Avg buyer-side rate | 2.5% | 2.6% | 2.6% |
| Combined avg rate | 5.2% | 5.4% | 5.4% |
| Median commission/side | $5,800 | $7,200 | $7,800 |
| Avg annual transactions/agent | 8.2 | 7.5 | 6.8 |
What commission do Ellettsville agents earn? According to IAR, the median commission per side in Ellettsville is $5,800, which falls below the statewide median of $7,800. However, according to NAR's member survey, agents who farm smaller communities like Ellettsville consistently achieve higher transaction counts per year (8.2 vs. 6.8 statewide), offsetting the lower per-transaction income through volume.
According to NAR's 2025 Member Profile, agents specializing in communities under 10,000 population report 15-20% higher close rates on listing presentations compared to urban generalists, largely because consistent community presence builds trust that translates directly to appointment conversion.
The US Tech Automations platform helps agents in smaller markets like Ellettsville maximize their per-contact conversion rate through automated follow-up sequences that maintain consistent touchpoints without requiring manual effort for each of the 285 annual transactions.
Neighborhood Price Comparison
According to MIBOR MLS, Ellettsville's distinct neighborhoods show measurable price variation based on lot size, construction age, and proximity to key corridors.
| Neighborhood/Area | Median Price | Price/Sq Ft | 1-Year Change | Key Feature |
|---|---|---|---|---|
| Edgewood Heights | $245,000 | $142 | +5.1% | Near SR 46 corridor |
| West Ellettsville | $218,000 | $130 | +4.2% | Established older homes |
| Richland-Bean Blossom corridor | $260,000 | $148 | +6.0% | Newer subdivisions |
| Downtown core | $195,000 | $125 | +3.5% | Walkable, smaller lots |
| Rural north | $275,000 | $115 | +4.8% | Acreage properties |
Which Ellettsville neighborhoods are appreciating fastest? According to MIBOR MLS, the Richland-Bean Blossom corridor leads appreciation at 6.0% year-over-year, driven by newer subdivision development that attracts families from Bloomington seeking updated homes with modern amenities. The rural north sector shows strong gains as well, fueled by remote-worker demand for acreage properties.
Agents can use the US Tech Automations analytics dashboard to identify which micro-neighborhoods are generating the most listing activity, then deploy targeted farming campaigns to those specific streets and subdivisions rather than blanketing the entire town.
Buyer Demographics & Demand Drivers
According to the U.S. Census Bureau and Indiana University employment data, Ellettsville's buyer pool is shaped by the university economy and affordable housing relative to Bloomington.
| Buyer Segment | Share of Sales | Median Budget | Primary Motivation |
|---|---|---|---|
| IU employees/staff | 28% | $230,000 | Proximity to campus |
| First-time buyers | 32% | $185,000 | Affordability vs. Bloomington |
| Move-up families | 22% | $265,000 | Space, schools, lots |
| Retirees/downsizers | 10% | $210,000 | Cost of living, community |
| Investors | 8% | $175,000 | Rental income near IU |
According to NAR's Home Buyer and Seller Generational Trends report, first-time buyers in university-adjacent markets like Ellettsville tend to begin their search 4-6 months before closing. This extended timeline makes automated nurture campaigns particularly effective.
According to the U.S. Census Bureau, Ellettsville's population grew 8.2% between 2020 and 2025, outpacing Monroe County's overall growth of 3.5%. This population influx is driving new construction and supporting continued price appreciation across all segments.
Comparable Market Analysis
According to IAR and MIBOR MLS, Ellettsville's pricing positions it within a competitive cluster of small Indiana communities near university or employment centers.
| Market | Median Price | Price/Sq Ft | Transactions (2025) | Growth Rate |
|---|---|---|---|---|
| Ellettsville IN | $232,000 | $138 | 285 | +4.8% |
| Spencer IN | $198,000 | $118 | 165 | +3.9% |
| Nashville IN | $315,000 | $185 | 120 | +5.5% |
| Mooresville IN | $265,000 | $145 | 310 | +4.2% |
| Martinsville IN | $215,000 | $128 | 245 | +3.6% |
USTA vs. Competitor Platforms for Price-Based Farming
| Feature | US Tech Automations | BoomTown | Ylopo | Follow Up Boss |
|---|---|---|---|---|
| Price-alert automation | Advanced (multi-tier) | Standard | Standard | Basic |
| Neighborhood price tracking | Block-level | ZIP-level | ZIP-level | Manual |
| Commission ROI calculator | Built-in | Third-party | Not available | Not available |
| Farming-specific CRM | Purpose-built | General CRM | General CRM | General CRM |
| Multi-touch drip campaigns | Unlimited sequences | 5 sequences | 10 sequences | 3 sequences |
| Cost per agent/month | Competitive | $1,000+ | $600+ | $400+ |
| Small-market optimization | Tuned for towns <25K | Metro-focused | Metro-focused | All markets |
According to NAR's Technology Survey, agents using farming-specific platforms report 28% higher listing conversion rates than those using general-purpose CRMs. The US Tech Automations platform's block-level price tracking is particularly valuable in compact markets like Ellettsville where street-by-street price variations directly impact farming ROI.
How to Farm Ellettsville Using Price Data
Pull current price data by neighborhood. Access MIBOR MLS to extract median prices, DOM, and volume for each Ellettsville subdivision, establishing your baseline metrics.
Segment your farm by price tier. Divide Ellettsville into the five price segments identified above and create separate marketing messages for each tier's typical buyer profile.
Build automated price-alert campaigns. Configure US Tech Automations to send neighborhood-specific price updates to homeowners when comparable sales close within 0.25 miles of their property.
Create comparative market snapshots. Develop monthly one-page market reports comparing Ellettsville prices to Bloomington, Spencer, and Nashville IN to demonstrate value for prospective sellers.
Target expired and withdrawn listings. According to IAR, approximately 3.8% of Ellettsville listings expire annually. Set up automated outreach sequences for expired listings within 24 hours.
Leverage IU employment cycles. Time farming campaigns to coincide with university hiring seasons (March-June), when incoming faculty and staff begin housing searches.
Track price-per-square-foot trends. Monitor monthly price/sq ft changes by neighborhood to identify emerging appreciation patterns before they become obvious to competitors.
Deploy equity-based seller outreach. Use property records to identify homeowners with 5+ years of ownership and substantial equity gains, then send personalized equity reports showing their home's current estimated value.
Automate investor prospecting. According to the U.S. Census Bureau, rental properties comprise approximately 18% of Ellettsville's housing stock. Target absentee owners with cap-rate analyses and management cost comparisons.
Measure and refine monthly. Review farming campaign performance metrics through the US Tech Automations dashboard, adjusting neighborhood targeting based on which areas generate the highest appointment-to-listing conversion rates.
Equity and Ownership Tenure Analysis
Understanding how long homeowners have held their properties and how much equity they have accumulated helps agents identify the highest-probability seller prospects. According to ATTOM Data Solutions and Monroe County property records, Ellettsville's ownership tenure distribution reveals actionable farming insights.
| Ownership Duration | % of Homeowners | Avg Purchase Price | Est. Current Value | Equity Gained |
|---|---|---|---|---|
| 0-2 years | 14% | $218,000 | $232,000 | $14,000 |
| 3-5 years | 22% | $195,000 | $232,000 | $37,000 |
| 6-10 years | 28% | $168,000 | $232,000 | $64,000 |
| 11-15 years | 18% | $142,000 | $232,000 | $90,000 |
| 16-20 years | 10% | $118,000 | $232,000 | $114,000 |
| 20+ years | 8% | $95,000 | $232,000 | $137,000 |
According to ATTOM Data Solutions, homeowners who have held their properties for 6-15 years represent the highest-probability seller pool because they have accumulated meaningful equity ($64,000-$90,000) while being less emotionally anchored than 20-year owners. In Ellettsville, this cohort represents 46% of all homeowners, providing a deep pool of prospective sellers for farming agents. According to NAR's Profile of Home Sellers, 62% of homeowners who sell in their 6-15 year ownership window cite "home no longer meets needs" as their primary motivation, making move-up messaging particularly effective for this segment.
Agents can use US Tech Automations to filter their farm databases by ownership tenure and automatically deliver equity update mailers to homeowners in the 6-15 year sweet spot, converting passive homeowners into active listing prospects.
Seasonal Price Patterns
According to IAR, Ellettsville's pricing follows seasonal patterns influenced by the IU academic calendar and Midwest weather cycles.
| Quarter | Avg Median Price | Price vs Annual Avg | Transaction Volume | Best Farming Action |
|---|---|---|---|---|
| Q1 (Jan-Mar) | $220,000 | -5.2% | 55 | Equity mailers, pre-spring |
| Q2 (Apr-Jun) | $240,000 | +3.4% | 95 | Peak listing push |
| Q3 (Jul-Sep) | $238,000 | +2.6% | 85 | IU move-in, investor focus |
| Q4 (Oct-Dec) | $228,000 | -1.7% | 50 | Holiday follow-up, planning |
When is the best time to buy in Ellettsville? According to IAR data, Q1 offers the lowest median prices, averaging 5.2% below the annual average. Buyers who close in January through March capture approximately $12,000 in savings compared to peak Q2 pricing. Agents who communicate this timing advantage through automated seasonal campaigns gain a significant edge in appointment conversion.
Financing & Affordability Metrics
According to the U.S. Census Bureau and Federal Reserve mortgage data, Ellettsville remains one of the more affordable markets in southern Indiana.
| Affordability Metric | Ellettsville | Monroe County | Indiana |
|---|---|---|---|
| Median household income | $62,400 | $52,800 | $61,900 |
| Price-to-income ratio | 3.7 | 5.0 | 3.8 |
| Monthly payment (20% down) | $1,210 | $1,470 | $1,310 |
| Payment as % of income | 23.3% | 33.4% | 25.4% |
| FHA-eligible properties | 72% | 58% | 65% |
According to the Federal Reserve Bank of St. Louis, Indiana's median mortgage rate in early 2026 is 6.45%, consistent with national averages. At this rate, Ellettsville's $232,000 median price translates to a monthly principal and interest payment of approximately $1,210 with 20% down — well within affordable thresholds for the local income base.
Frequently Asked Questions
What is the average price per square foot in Ellettsville IN?
According to MIBOR MLS data, the average price per square foot in Ellettsville is $138, which is approximately 15% below Bloomington's $163 per square foot average. Newer construction in the Richland-Bean Blossom corridor commands $148 per square foot, while older homes in the downtown core average $125.
How many homes sell annually in Ellettsville?
According to IAR, Ellettsville recorded approximately 285 residential transactions in 2025, representing a 6.7% increase from 267 transactions in 2024. This volume supports approximately 35 full-time equivalent agent positions in the local market.
What commission rate do Ellettsville agents charge?
According to IAR post-settlement data, the average combined commission rate in Ellettsville is 5.2%, split between a 2.7% listing-side rate and a 2.5% buyer-side rate. These rates align closely with Indiana statewide averages.
Are home prices in Ellettsville expected to keep rising?
According to Zillow's forecast models and IAR projections, Ellettsville is expected to appreciate 3.5-4.5% through the remainder of 2026, supported by Bloomington's employment base and the town's ongoing population growth of 8.2% since 2020.
How does Ellettsville compare to Spencer for investment properties?
According to MIBOR MLS, Ellettsville's median price of $232,000 is 17% above Spencer's $198,000 median, but Ellettsville's proximity to Indiana University generates higher rental demand and lower vacancy rates, making it more attractive for buy-and-hold investors.
What types of homes are most common in Ellettsville?
According to the U.S. Census Bureau, approximately 68% of Ellettsville's housing stock consists of single-family detached homes built between 1970 and 2010, with a growing share of newer construction in subdivisions along the Richland-Bean Blossom corridor.
How long do homes stay on the market in Ellettsville?
According to MIBOR MLS, the average days on market in Ellettsville is 22 days as of early 2026, down from 32 days in 2023. Starter homes priced under $200,000 sell fastest at an average of 16 days, while properties above $350,000 average 35 days.
What percentage of Ellettsville buyers are first-time buyers?
According to NAR's Home Buyer and Seller Generational Trends report, approximately 32% of Ellettsville buyers are first-time purchasers, significantly above the national average of 26%. The town's affordable entry price of $175,000 for starter homes drives this higher first-time buyer share.
Is Ellettsville a good market for geographic farming?
According to NAR's member survey data, small communities adjacent to employment centers generate the highest farming ROI per dollar spent, because name recognition builds faster in a population of 6,800 than in a metro of 180,000. Ellettsville's 285 annual transactions provide sufficient volume for a dedicated farming agent to close 12-18 sides annually.
Conclusion: Maximize Ellettsville Price Data for Farming Success
Ellettsville's combination of affordable pricing, steady appreciation, and university-driven demand creates an ideal farming environment for agents willing to commit to data-driven outreach. The town's 285 annual transactions and $1.89 million commission pool offer meaningful income potential for agents who dominate their farm through consistent, automated marketing.
The US Tech Automations platform gives Ellettsville agents the tools to track block-level price changes, automate equity-based seller outreach, and measure farming ROI with precision — turning local price data into a sustainable competitive advantage in one of southern Indiana's most active small-town markets.
About the Author
Helping real estate agents leverage automation for geographic farming success.
