Elbow Lake, MN Home Values & Market Trends
Real estate market trends reflect that there have been 0 transactions over the past year in Elbow Lake. The median value for residential home transactions that occurred over the previous year is $173,496.43. The number of current listings in Elbow Lake is 4, and the percentage of properties for sale in the city is 4.00%. Elbow Lake, MN currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 4 properties for sale.
Elbow Lake, MN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 56531 | $ 157,960 $ 104/sqft |
Housing Market Summary for Elbow Lake, MN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $160.5K | $0 | -100.00% |
| Median Sold Price | $0 | $0 | - |
| Homes For Sale | 4 | 5 | 25.00% |
| Homes Sold | 0 | 0 | - |
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 Elbow Lake, MN
Browse Homes in Elbow Lake, MN
Elbow Lake home values range from $25,846 to $1,800,692. The median estimated value of a home in Elbow Lake is $173,496.43. The median list price of a home is 114,450, and the total count of properties in the city is 764.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Elbow Lake, 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 Elbow Lake, 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 Elbow Lake, 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 Elbow Lake, MN. There is 1 zips within Elbow Lake, 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 Elbow Lake, MN. Auction homes and other auction properties account for 0% of all properties in Elbow Lake, MN. There is 1 zips within Elbow Lake, 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.
Compare Nearby Cities
More Real Estate Resources for Elbow Lake, MN
Guide for Elbow Lake, MN
Overview of the real estate trends in Saint Paul over the past year, analyzing various aspects like sale prices, property values, market activity, and market dynamics on a monthly basis, discussing influences such as economic conditions, interest rates, seasonal changes, and local employment levels.
The article provides a comprehensive analysis of real estate market trends in Minneapolis and its surrounding cities, highlighting various shifts in property values and sales. The observations reflect a diverse and dynamic market catering to varying buyer preferences and budgets.
Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?
RTO homes can sometimes be tricky to understand. Here are the questions you should if you are considering a rent-to-own property.