Home prices
The median home in Ellerbe is valued at $82,600. This is approximately $8,560 (11%) higher compared to other places in this area.In comparison to the nation as a whole it is approximately $134,900 (62%) lower, and in comparison to the city of Charlotte is roughly $137,700 (62%) lower.
Rents
Ellerbe's median monthly rent is $555. Compared to other places in this area it is approximately $156 (21%) lower.It is approximately $507 (47%) lower in comparison to the United States as a whole, and in comparison to the city of Charlotte is about $580 (51%) lower.
Nearby places
Rockingham
Rockingham is approximately 9 miles south from Ellerbe. Its real estate prices are a bit more expensive. Rockingham's median home value is $97,100, which comes out to $14,500 (14%) higher than Ellerbe. The rent there is a little more expensive. The median rent in Rockingham is $619 a month, which works out to $64 (10%) higher than Ellerbe.
Hoffman
Hoffman is about 10 miles east from Ellerbe. Housing prices there are a little less expensive. The median home cost in Hoffman is $71,700, which is $10,900 (15%) lower than Ellerbe. Its rents are somewhat more expensive. In Hoffman the median monthly rent is $783, which is $228 (29%) higher than Ellerbe.
East Rockingham
East Rockingham is about 11 miles south of Ellerbe. Housing prices there are substantially less expensive. The median home in East Rockingham costs $50,000, which comes out to $32,600 (65%) lower than Ellerbe. Rent there is somewhat more expensive. In East Rockingham the median monthly rent is $780, which works out to $225 (28%) higher than Ellerbe.
Cordova
Cordova is approximately 11 miles south of Ellerbe. Its real estate prices are a little more expensive. The median home price in Cordova is $101,100, which is $18,500 (18%) higher than Ellerbe. The rent there is a lot more expensive. The median monthly rent in Cordova is $910, which is $355 (39%) higher than Ellerbe.
Dobbins Heights
Dobbins Heights is roughly 12 miles south of Ellerbe. Its housing prices are significantly less expensive. The cost of the median home in Dobbins Heights is $50,300, which comes out to $32,300 (64%) lower than Ellerbe. Rent there is a little less expensive. The median monthly rent in Dobbins Heights is $463, which works out to $92 (19%) lower than Ellerbe.
