71051 Home Values & Market Trends
There are 13 homes currently listed for 71051. 71051 real estate market trends show that home prices range from $47,750 to $320,000, and the median sales price in the 71051 zip code is $314,900. The total number of properties sold within the past twelve months is 11. In 71051, 2 properties are in foreclosure, 1 are bank owned properties,and 1 are headed for auction.
Housing Market Summary for 71051
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $304.5K | $145K | -52.38% |
| Median Sold Price | $254K | $199.4K | -21.51% |
| Homes For Sale | 10 | 13 | 30.00% |
| Homes Sold | 14 | 4 | -71.43% |
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 71051
Browse Homes in 71051
The median list price of a home in Elm Grove, is $314,900. A total of 13 properties are for sale, and the percentage of properties for sale in the zip code is 13.00%. The total count of 71051 properties is 20.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 71051 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 71051; of that cities, 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 71051 ranges from the highest value of $215,126 in elm grove to the lowest value of $215,126 in elm grove. Bank owned homes and properties account for 5.00% of properties in 71051. There is 1 cities within 71051; elm grove containing 1 REO properties, has the highest number of bank owned properties in a single city.
- Auctionselm grove has 1 auction properties, the highest number of properties going to auction in a single city in the state of 71051. Auction homes and other auction properties account for 5.00% of all properties in 71051. There is 1 cities within 71051; of that cities, the median estimated home value for homes going to auction ranges from $0 in elm grove to the lowest value of $0 in elm grove.
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More Real Estate Resources for 71051
Guide for 71051
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.