Ellensburg, WA metro area Housing Market Brief
metro · as of July 2026
What is Ellensburg, WA metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Ellensburg, WA metro area in its market cycle?
Ellensburg, WA metro area is classified as Mature — holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Ellensburg, WA metro area?
Our model forecasts Ellensburg, WA metro area’s home prices to rise about 17.9% over the next 12 months (medium confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
Ellensburg, WA metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $479K | ▼ -12.7% |
| Median Days on Market | 58 days | ▲ +5.5% |
| Months of Supply | 5.7 | ▲ +16.3% |
| Homes for Sale | 395 | ▲ +2.9% |
| Homes Sold | 69 | ▼ -12.7% |
| Median Price / Sq Ft | $315 | ▲ +0.7% |
How has Ellensburg, WA metro area’s Alpha Score moved?
Markets like Ellensburg, WA metro area
- Oak Harbor, WA metro areametro41
- Cedar City, UT metro areametro40
- Glenwood Springs, CO metro areametro38
- Cañon City, CO metro areametro39
- Longview, WA metro areametro45
- Milledgeville, GA metro areametro41
- Prineville, OR metro areametro45
- Aberdeen, WA metro areametro38
- Newport, OR metro areametro35
- Grants Pass, OR metro areametro36
Frequently asked questions
Is Ellensburg, WA metro area a buyer's or seller's market?
As of July 2026, Ellensburg, WA metro area is classified as a Balanced Market, based on its Alpha Score of 41 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Ellensburg, WA metro area?
The median sale price in Ellensburg, WA metro area is $479K, having fallen 12.7% over the past year.
How affordable is Ellensburg, WA metro area?
Ellensburg, WA metro area scores 9 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Ellensburg, WA metro area's Alpha Score?
Ellensburg, WA metro area's strongest dimension is Rental Yield (54/100) and its weakest is Affordability (9/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Ellensburg, WA metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.