Call or Text (240) SELL-123
City / Town Overview

Elgin, MN

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
June 2026  ·  Source: Realtor.com

Market Analysis

Data as of June 2026. Source: Realtor.com.

The Elgin, MN real estate market currently shows 10 active listings, with 4 pending sales. Homes are averaging 50 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 50 days on market compared to 14 days last year.

The median listing price has risen 9.9% year-over-year, from $302,475 to $332,500.

Whether you are buying or selling in Elgin, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for Elgin, MN and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 2,035  ·  Density: 15.0/mi²  ·  Median household income: $96,382

Typical home value: $262,101  ·  Homeownership: 81.7%

Included Areas

Elgin: 55932

Area Map

Market Overview

Active Listings
10
⇧ 150% vs 4 last year
Pending
4
40% pending ratio
Median Price
$332,500
⇧ 9.9% vs $302,475 last year
Average Price
$339,295
⇧ 23.8% vs $273,958 last year
Days on Market
50
⇧ 257.1% vs 14 days last year

Price Per Square Foot

Median $/sqft
$174
⇧ 10.8% vs $157/sqft last year
Median Home Size
1,706 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %