Housing in Elsie, MI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$157,500
Median List Price
$187,450
Price Per Sq Ft
$114
Days on Market
39
Active Inventory
3
Months of Supply
3.0
Seller's market
Zillow Home Value
$189,784
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
100.0%
Off Market in 2 Weeks
33.3%
Sale-to-List Ratio
105.1%
Seller's market
Market Activity
Source: RedfinHomes Sold
1
New Listings
2
Pending Sales
3
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$114
Median List $/SF
$137
Elsie vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Elsie is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$107,600
Median Rent
$692
Total Housing Units
444
Vacancy Rate
5.4%
Owner Occupied
80.2%
Renter Occupied
19.8%
Median Property Tax
$1,725
per year
Monthly Cost (w/ Mortgage)
$604
Housing Types
The current median sale price in Elsie, MI is $157,500 according to Redfin data. Homes spend a median of 39 days on the market. 100.0% of homes sold above asking price. The market has 3.0 months of supply. The median price per square foot is $114. The median rent is $692 per month (Census ACS). About 80.2% of housing units are owner-occupied. The median year homes were built is 1958. There are 444 total housing units.