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Foreclosure Homes in Elrosa, MN

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Elrosa, MN Foreclosures

How much do homes sell for in Elrosa, MN?
The average home price is currently $251,149.
In Elrosa, MN, how many homes are available?
There are currently 253 active home listings available in Elrosa.
What’s the average rental cost in Elrosa, MN?
The average rental price in Elrosa is $1,214.
What is the most expensive home in Elrosa?
The most expensive home sold in Elrosa had a price of $1,187,285.
What is currently the cheapest priced home in Elrosa, MN?
The cheapest home for sale in Elrosa is priced at $62,223.

Living in Elrosa, MN

Elrosa is a quaint small town in Minnesota that offers a peaceful and serene lifestyle with a close-knit community atmosphere. Nestled in a picturesque landscape, it is surrounded by lakes and nature trails, making it perfect for outdoor enthusiasts. With friendly neighbors and local activities, Elrosa is an ideal place for families and retirees looking for a quiet retreat.

Current Market Conditions in Elrosa, MN

The Elrosa real estate market has remained stable, with an increasing interest from buyers looking for affordable housing options in small towns. Properties typically sell within a few weeks on the market, indicating a healthy demand.

New families are moving into the area, led by the appeal of Elrosa's charming environment and affordable home prices, contributing positively to the real estate market.

Home Value Estimator For Elrosa, MN

There are currently 100 real estate properties in Elrosa, MN, with a median automated valuation model (AVM) price of $223,213.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Elrosa, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Elrosa, MN, is $251,149.00, with the most expensive house in Elrosa, MN, topping out at $1,187,285.00 and the cheapest home in Elrosa, MN, clocking in at $62,223.00. In other words, there’s something for every potential homebuyer or savvy investor in Elrosa, MN!

Rent Prices In Elrosa, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Elrosa, MN, is on a rollercoaster ride. The average rent price in Elrosa, MN, is $1,214.00. Indeed, when looking to rent in Elrosa, MN, you can expect to pay as little as $640.00 or as much as $1,860.00, with the average rent median estimated to be $1,220.00. The good news is that finding an affordable and desirable property to rent in Elrosa, 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.

Elrosa, MN Foreclosures


Market Trend for Elrosa, MN

Total Listings Available: 253

Market Values:

Home Prices from $62,223 to $1,187,285

Average Sales Price: $251,149

Rental Values:

Rental from $640 to $1,860

Average Rent Value: $1,214 / month

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