Elgin, MN Home Values & Market Trends
Real estate market trends reflect that there have been 26 transactions over the past year in Elgin. The median value for residential home transactions that occurred over the previous year is $296,556. The number of current listings in Elgin is 3, and the percentage of properties for sale in the city is 3.00%. Elgin, MN currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 3 properties for sale.
Elgin, MN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 55932 | $ 278,900 $ 128/sqft |
Housing Market Summary for Elgin, MN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $300K | $315.4K | 5.13% |
| Median Sold Price | $280K | $315.4K | 12.64% |
| Homes For Sale | 1 | 3 | 200.00% |
| Homes Sold | 15 | 6 | -60.00% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Elgin, MN
Browse Homes in Elgin, MN
Elgin home values range from $35,993 to $1,476,979. The median estimated value of a home in Elgin is $296,556. The median list price of a home is 278,900, and the total count of properties in the city is 621.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Elgin, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Elgin, MN; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Elgin, MN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Elgin, MN. There is 1 zips within Elgin, MN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Elgin, MN. Auction homes and other auction properties account for 0% of all properties in Elgin, MN. There is 1 zips within Elgin, MN; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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