Foreclosure Homes in Elizabeth, MN

Current Market Conditions in Elizabeth, MN

The real estate market in Elizabeth is stable and steadily growing, with a mix of homes that appeal to a variety of buyers, including families looking for their first home and investors seeking rental properties. The average home prices have shown a consistent appreciation over the last few years as demand in the area increases.

Investors can benefit from the affordable entry-point for properties in this area, as well as favorable rental yields due to a growing population interested in the serene lifestyle Elizabeth offers. The influx of new families also provides optimistic projections for future property value appreciation.

Rent Prices In Elizabeth, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Elizabeth, MN, is on a rollercoaster ride. The average rent price in Elizabeth, MN, is $1,352.00. Indeed, when looking to rent in Elizabeth, MN, you can expect to pay as little as $570.00 or as much as $2,360.00, with the average rent median estimated to be $1,380.00. The good news is that finding an affordable and desirable property to rent in Elizabeth, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.