Lawrence County · New Castle · population 7,416
Where Ellwood City stands
Population shrinking 0.7% per year.
Home value trajectory · last 10 years
Zillow ZHVI · monthlyLifestyle scores
Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.
Rent vs buy
At a 10.9 price-to-rent ratio, buying generally beats renting in Ellwood City on a long-enough horizon. The headline math is that one year of mortgage payments approximates 10.9 years of rent — well below the 15+ threshold where ownership starts to dominate.
How the momentum score breaks down
methodology →Ellwood City has held up across the cycle: home values at $155,826 with +2.9% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.
Ellwood City's population is shrinking 0.7% per year. Housing demand has to come from somewhere — if people are leaving, the buyer pool is shrinking faster than the inventory. That eventually shows up in price.
About Ellwood City
Ellwood City is a city in Lawrence County, Pennsylvania, with an estimated population of 7,416. It anchors the New Castle metro area. The population has contracted 0.7% per year on average since 2020. The median home value in Ellwood City is $155,826 as of 2026-04, down 1.3% over the last 12 months. Over the last five years, home values have averaged +2.9% annual growth (-2.2% from the 5-year peak). Rents in Ellwood City average $1,195 per month. The composite momentum score is 52 of 100 (Stable). Conditions are neither hot nor cold, so the local fit matters more than market timing.
▲ Bull case
▼ Bear case
Playbook
Lifestyle fit matters more than market timing in a Stable market. Take your time on the home and neighborhood; the macro trend isn't urgent. Negotiate normally.
Price competitively from day one or risk a 60+ day listing. Staging, photography, and presentation matter more in Stable markets than in Hot ones.
Stable cap rates, no big appreciation story to lean on. Underwrite this as a pure cash-flow play — the math has to work on rent alone.
Local safety & alerts
No active National Weather Service alerts for Lawrence County right now.
Public-safety links are official .gov sources, not curated by us. Lawrence County routes NWS alerts; check the state EM portal for non-weather emergencies.
Neighborhoods of Ellwood City
1 tracked · ranked by median home valueCities like Ellwood City
Run the numbers for Ellwood City
Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.
Climate & natural-disaster risk
State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.
Current weather
Find rentals & listings
Open current Ellwood City listings on the major real-estate sites.
Links open the live search on the destination site — results are always current.
Local sports teams
Major professional teams the New Castle area cheers for. Detailed stats, schedules, and player pages on intherafters.com.
Local economy & environment
Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.
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