Home prices
The value of the median home in Ellicott City is $537,400. Compared to its nearby areas it is approximately $227,500 (73%) higher.It is about $319,900 (147%) higher compared to the United States as a whole, and in comparison to the city of Washington it is roughly $64,100 (10%) lower.
Rents
The median rent in Ellicott City is $1,615 per month. Compared to other places in this area this is approximately $104 (6%) higher.It is roughly $553 (52%) higher compared to the country as a whole, and it is roughly $74 (4%) higher compared to the city of Washington.
Nearby places
Catonsville
Catonsville is Ellicott City's neighbor to the east. Real estate prices there are substantially less expensive. The median home price in Catonsville is $327,900, which works out to $209,500 (63%) lower than Ellicott City. The rent there is a little less expensive. Catonsville's median monthly rent is $1,462, which is $153 (10%) lower than Ellicott City.
Ilchester
Ilchester is Ellicott City's neighbor to the southeast. The real estate prices there are substantially less expensive. The price of the median home in Ilchester is $390,600, which comes out to $146,800 (37%) lower than Ellicott City. Rent there is a bit more expensive. Ilchester's median rent is $1,799 a month, which comes out to $184 (10%) higher than Ellicott City.
Columbia
Columbia is Ellicott City's neighbor to the south. Real estate prices there are significantly less expensive. The median home price in Columbia is $378,300, which is $159,100 (42%) lower than Ellicott City. Rent there is a little more expensive. Columbia's median monthly rent is $1,722, which comes out to $107 (6%) higher than Ellicott City.
Milford Mill
Milford Mill is approximately 5 miles northeast from Ellicott City. Its real estate prices are a lot less expensive. The median home price in Milford Mill is $210,100, which is $327,300 (155%) lower than Ellicott City. The rent there is a little less expensive. The median monthly rent in Milford Mill is $1,353, which works out to $262 (19%) lower than Ellicott City.
Randallstown
Randallstown is roughly 6 miles north from Ellicott City. Its housing prices are substantially less expensive. The cost of the median home in Randallstown is $242,600, which comes out to $294,800 (121%) lower than Ellicott City. The rent there is significantly less expensive. Randallstown's median monthly rent is $1,221, which works out to $394 (32%) lower than Ellicott City.
