Housing in Elba, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — October 2025Median Sale Price
$400,000
Median List Price
N/A
Price Per Sq Ft
$155
Days on Market
14
Active Inventory
1
Months of Supply
1.0
Seller's market
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
100.0%
Sale-to-List Ratio
106.7%
Seller's market
Market Activity
Source: RedfinHomes Sold
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$155
Elba vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Elba is highlighted.
Median Home Value
Median Price Per Sq Ft
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$166,700
Median Rent
N/A
Total Housing Units
52
Vacancy Rate
28.9%
Owner Occupied
91.9%
Renter Occupied
8.1%
Median Property Tax
$1,111
per year
Monthly Cost (w/ Mortgage)
$825
Housing Types
The current median sale price in Elba, MN is $400,000 according to Redfin data. Homes spend a median of 14 days on the market. 100.0% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $155. About 91.9% of housing units are owner-occupied. The median year homes were built is 1962. There are 52 total housing units.