Housing in Elizabeth, MN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — December 2025

Median Sale Price

$177,500

Median List Price

$179,000

Price Per Sq Ft

$100

Days on Market

50

Active Inventory

1

Months of Supply

0.5

Seller's market

Price Trends

Source: Redfin
Sale Price 145.2%List Price 23.5%Dec 24Dec 25

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

97.6%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
0.0%

Market Activity

Source: Redfin

Homes Sold

2

New Listings

1

Pending Sales

1

Homes Sold 100.0%New Listings 0.0%Pending 0.0%Dec 24Dec 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$100

Median List $/SF

$198

Sale $/SF 11.1%List $/SF 26.9%Dec 24Dec 25

Elizabeth vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Elizabeth 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

$114,600

Median Rent

$1,333

Total Housing Units

75

Vacancy Rate

22.7%

Owner Occupied

82.8%

Renter Occupied

17.2%

Median Property Tax

$1,308

per year

Monthly Cost (w/ Mortgage)

$967

Housing Types

Single Family
78.7%
Multi-Family
2.7%
Mobile Home
18.7%

The current median sale price in Elizabeth, MN is $177,500 according to Redfin data. Homes spend a median of 50 days on the market. 0.0% of homes sold above asking price. The market has 0.5 months of supply. The median price per square foot is $100. The median rent is $1,333 per month (Census ACS). About 82.8% of housing units are owner-occupied. The median year homes were built is 1981. There are 75 total housing units.