Data as of September 2026. Source: Realtor.com.
The ELGIN, MN real estate market (55932) currently shows 11 active listings, with 4 pending sales. Homes are averaging 56 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 56 days on market compared to 53 days last year.
The median listing price has fallen 13.4% year-over-year, from $395,000 to $342,175.
Population: 2,035 · Density: 15.0/mi² · Median household income: $96,382
Typical home value: $262,101 · Homeownership: 81.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 55932 | Elgin, MN 55932 | 0.0 mi | 8 | $2,636,560 | $353,725 | $329,570 |
| 55964 | Plainview, MN 55964 | 7.5 mi | 17 | $5,765,244 | $263,675 | $339,132 |
| 55991 | Zumbro Falls, MN 55991 | 10.2 mi | 1 | $599,900 | $599,900 | $599,900 |
| 55960 | Oronoco, MN 55960 | 11.6 mi | 9 | $5,139,756 | $492,450 | $571,084 |
| 55929 | Dover, MN 55929 | 13.5 mi | 2 | $900,000 | $450,000 | $450,000 |
| 55956 | Mazeppa, MN 55956 | 15.2 mi | 4 | $2,174,900 | $543,725 | $543,725 |
| 55902 | Rochester, MN 55902 | 15.9 mi | 138 | $133,996,068 | $845,000 | $970,986 |
| 55041 | Lake City, MN 55041 | 17.8 mi | 23 | $11,346,176 | $459,900 | $493,312 |
| 55963 | Pine Island, MN 55963 | 18.2 mi | 32 | $11,490,752 | $356,150 | $359,086 |
| 55923 | Chatfield, MN 55923 | 20.8 mi | 14 | $8,229,816 | $499,500 | $587,844 |
| 55969 | Rollingstone, MN 55969 | 21.4 mi | 1 | $457,500 | $457,500 | $457,500 |
| 55992 | Zumbrota, MN 55992 | 22.2 mi | 20 | $8,081,180 | $396,175 | $404,059 |
| 55027 | Goodhue, MN 55027 | 24.5 mi | 3 | $644,325 | $226,825 | $214,775 |
As of September 2026, there are 11 active listings in ELGIN, MN (zip code 55932), compared to 5 the prior year.
The median listing price in ELGIN, MN 55932 is $342,175 as of September 2026, a 13.4% decrease from $395,000 the prior year.
Homes in ELGIN, MN 55932 spend an average of 56 days on the market before going under contract, compared to 53 days the prior year.
Based on current inventory and days-on-market data as of September 2026, ELGIN, MN 55932 is currently a Buyer's Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 56 days on market compared to 53 days last year.
With SELL123.com's maximum 3% commission, sellers in ELGIN, MN 55932 save an estimated $6,844 compared to a typical 5% commission on the median listing price of $342,175. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.