39Alpha

Ellensburg, WA metro area Housing Market Brief

metro · as of May 2026

Buyer's

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.

Price Momentum20%
-18.751
Inventory Health25%
-6.642
Affordability20%
4
Economic Strength20%
No data
50
Rental Yield15%
49

Where is Ellensburg, WA metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Ellensburg, WA metro area is classified as Matureholding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.

Ellensburg, WA metro area housing market data

MetricValueYoY
Median Sale Price$479K-12.7%
Median Days on Market21 days-32.3%
Months of Supply5.7▲ +16.3%
Homes for Sale395▲ +2.9%
Homes Sold69-12.7%
Median Price / Sq Ft$315▲ +0.7%
Sale-to-List Ratio98.9%▲ +0.1%

How has Ellensburg, WA metro area’s Alpha Score moved?

Now: 39
4-period trend
Median sale price · 12 mo

Markets like Ellensburg, WA metro area

Frequently asked questions

Is Ellensburg, WA metro area a buyer's or seller's market?

As of May 2026, Ellensburg, WA metro area is classified as a Buyer's Market, based on its Alpha Score of 39 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 4 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 Price Momentum (51/100) and its weakest is Affordability (4/100). 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.