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ELMORE, MN 56027

Real Estate Market Report  ·  Faribault County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
3
Pending
1
33% pending ratio
Median Price
$130,000
Average Price
$125,767
Days on Market
82

Market Context

Population: 645  ·  Density: 3.9/mi²  ·  Median household income: $46,858

Typical home value: $54,597  ·  Homeownership: 79.1%

Market Analysis

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

The ELMORE, MN real estate market (56027) currently shows 3 active listings, with 1 pending sales. Homes are averaging 82 days on the market before going under contract.

Whether you are buying or selling in ELMORE, 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.

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Market Trends

Inventory & Days on Market

Year over Year

Median & Average Pricing

Year over Year

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 24.4 miles — 116 listings ($25,753,084 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56027Elmore, MN 560270.0 mi3$377,301$130,000$125,767
56013Blue Earth, MN 560137.1 mi21$4,193,427$189,000$199,687
56033Frost, MN 5603310.1 mi2$319,900$159,950$159,950
50424Buffalo Center, IA 5042411.9 mi9$1,421,442$155,000$157,938
56039Granada, MN 5603914.0 mi3$412,800$139,900$137,600
56014Bricelyn, MN 5601415.6 mi2$254,000$127,000$127,000
56098Winnebago, MN 5609818.0 mi11$1,784,046$139,700$162,186
56031Fairmont, MN 5603118.6 mi50$15,394,050$267,000$307,881
50480Titonka, IA 5048018.9 mi7$572,250$81,750$81,750
56025Easton, MN 5602519.3 mi1$255,000$255,000$255,000
50484Woden, IA 5048422.3 mi1$59,000$59,000$59,000
50522Burt, IA 5052223.3 mi4$339,868$75,000$84,967
56121Ceylon, MN 5612124.4 mi2$370,000$185,000$185,000

Frequently Asked Questions

How many homes are for sale in ELMORE, MN 56027?

As of January 2026, there are 3 active listings in ELMORE, MN (zip code 56027).

What is the median home price in ELMORE, MN 56027?

The median listing price in ELMORE, MN 56027 is $130,000 as of January 2026.

How long do homes stay on the market in ELMORE, MN?

Homes in ELMORE, MN 56027 spend an average of 82 days on the market before going under contract.

Is it a seller's or buyer's market in ELMORE, MN 56027?

Based on current inventory and days-on-market data as of January 2026, ELMORE, MN 56027 is currently a Balanced Market.

How much can I save on real estate commission in ELMORE, MN?

With SELL123.com's maximum 3% commission, sellers in ELMORE, MN 56027 save an estimated $2,600 compared to a typical 5% commission on the median listing price of $130,000. 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.