Elbow Lake, MN
City market trends and history
Public Record
Median Sale Price
$152.7K
12-Month Sales
24
1-Year Appreciation
—
Properties Tracked
394
Median Sale Price History
Top Neighborhoods
| Name | Median |
|---|
Top Neighborhoods by Activity
No neighborhood data available
Neighborhood-level stats are available for ~24k of the ~215k U.S. neighborhoods — Elbow Lake is not currently covered.
Top ZIP Codes
| ZIP | Sales 12mo | Median |
|---|---|---|
| 56531 | 1 | $60K |
Recent Sales
| Date | Address | Price |
|---|---|---|
| Dec 4, 2025 | 2nd St SE | $60K |
| Sep 19, 2025 | 10th Ave SE | $186K |
| Sep 17, 2025 | 7th Ave SE | $121K |
| Aug 25, 2025 | 10th Ave SE | $222K |
| Feb 26, 2025 | 1st Ave NW | $114.9K |
| Jan 13, 2025 | 2nd St NW | $60.1K |
| Oct 31, 2024 | Golf Course Rd Lot 2 | $37.5K |
| Sep 23, 2024 | 1st Ave NW | $159.9K |
| Jul 12, 2024 | 6th Ave SE | $425K |
| Jul 10, 2024 | 5th Ave NE | $199.9K |
| May 28, 2024 | 12th Ave SE | $154.7K |
| May 24, 2024 | 3rd St SE | $195K |
| May 24, 2024 | 2nd Ave NW | $86K |
| May 24, 2024 | 9th Ave NE | $74.9K |
| May 23, 2024 | 8th Ave NE | $109.9K |
| Apr 22, 2024 | E Division St | $200K |
| Mar 29, 2024 | 1st St NE | $180K |
| Mar 28, 2024 | County Road 1 E | $145K |
| Feb 29, 2024 | E Division St | $200K |
| Feb 20, 2024 | 250th St | $215K |
4-Quarter Forecast
Linear projection from past trendQuarterly trend
-0.9%
Implied 1-yr
-3.5%
2026 Q1
$117.5K
2026 Q2
$116.4K
Median Price — History + Forecast
Property type mix
Share by property type
Year-built distribution
Properties by build era
Map
Recent top sales — most expensive
| Address | Sale date | Sale price |
|---|---|---|
| 10th Ave SE | Sep 14, 2020 | $579,773 |
| 10th Ave SE | Sep 14, 2020 | $579,773 |
| 1st St NW | Mar 8, 2022 | $550,000 |
| Ave | Jul 19, 2023 | $512,367 |
| Point Comfort Rd | Nov 20, 2023 | $495,000 |
| 6th Ave SE | Jul 12, 2024 | $425,000 |
| 120th Ave | Aug 31, 2022 | $385,000 |
| County Road 20 | Mar 31, 2023 | $350,000 |
| State Highway 78 | Mar 23, 2023 | $274,900 |
| Point Comfort Rd | Jun 22, 2022 | $250,000 |
How Elbow Lake compares
| Metric | Elbow Lake | Minnesota avg | US avg |
|---|---|---|---|
| Median price | $152.7K | $404.7K | $535.4K |
| 1-year change | — | -0.7% | -5.4% |
| Sales (12mo) | 24 | 7,149 | — |
| Median sqft | — | — | — |
Other cities in Minnesota
How Elbow Lake ranks in Minnesota
1-year appreciation
#403 of 943
Median price
#435 of 943
Frequently asked about Elbow Lake
What is the median sale price in Elbow Lake, MN?
The median sale price in Elbow Lake over the last 12 months is $152.7K, based on 24 transactions.
How many sales happen each year in Elbow Lake?
Roughly 24 home sales were recorded in Elbow Lake over the trailing 12 months.
What types of properties are most common in Elbow Lake?
single_family is the most common property type tracked in Elbow Lake.
When were most homes in Elbow Lake built?
Most homes in Elbow Lake were built in the Pre-1950 era.