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Information and statistics on the latest trends in the Elizabeth real estate market. *
Rolling three-month data ending on quarter boundaries when available.
Rolling three-month data ending on quarter boundaries when available.
Rolling three-month data ending on quarter boundaries when available.
Rolling three-month supply and activity totals for the selected period.
Rolling three-month supply and activity totals for the selected period.
Rolling three-month supply and activity totals for the selected period.
Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Jul 2026 - Sep 2026).
Inventory in Elizabeth is very limited in this rolling three-month view. Active listings have risen to just 3, more than triple where they were a year ago, and new listings have also tripled year over year. Even with such small numbers, two-thirds of listings have been going off the market within two weeks, underscoring how quickly well-priced homes can attract offers.
Pricing has moved sharply higher alongside this tighter supply. The median list price over the latest three-month period is about 61 percent higher than it was a year ago, climbing from around the mid-$160,000s to the mid-$250,000s. Looking back further, sale prices have stepped up from roughly $90,000 in early 2024 to about $202,000 by mid-2026, indicating that buyers have been willing to pay significantly more over time.
Other signs also point to strong conditions for sellers, including a seller’s market reading on the local market gauge. Homes often sell without price cuts above list being rare in past quarters, suggesting that accurate initial pricing matters more than aggressive overpricing. With only a handful of properties changing hands in any period, local expertise is crucial to interpret these shifts, and Agent Pronto can connect both buyers and sellers with an agent who knows how to navigate Elizabeth’s evolving conditions.
Elizabeth offers residents a close-knit community with welcoming neighbors, engaging local events, and abundant outdoor recreation opportunities.
Elizabeth offers a quieter, small‑town alternative to regional hubs like Fergus Falls while still keeping you close to everyday conveniences. Surrounded by fields, lakes, and classic Midwest scenery, it feels rooted and familiar, the kind of place where local events and school activities matter as much as any big city attraction.
Residents often connect around community traditions and the outdoors. Nearby Eagle Lake and the region’s fishing and boating access create easy weekend escapes, while parks and township spaces give kids room to play. Families appreciate the connection to Fergus Falls Public Schools, with programs that draw students from surrounding rural areas. The historic core of downtown Fergus Falls provides dining, coffee, and arts within a short drive, including performances at A Center for the Arts.
For homeowners in Elizabeth, understanding how demand shifts between town and nearby Otter Tail County lakes properties is essential when deciding when to list. Buyers weighing Elizabeth against places like Pelican Rapids will want insight into commute patterns, school options, and long‑term value.
Whether you are planning months ahead or ready to move quickly, timing and preparation make a real difference in this local market. Agent Pronto can connect both buyers and sellers in Elizabeth with an agent who understands the community, current conditions, and how to position your move for success.
See why so many people rely on Agent Pronto to make their real estate journey a success.
“Peter was AMAZING!! He helped us from the beginning, and as first time homebuyers we didn’t know much about the process or what to expect, but he made sure to always inform us and help us in every way possible. He went above and beyond, always replying quick and with a kind spirit, sincerely if you’re looking for a realtor, there’s no one better than Peter”
“Michele was incredible to work with again! This was our third time working with Michele in regards to buying/selling a home. As always, Michele was very professional, friendly, knowledgeable and punctual. She has helped us both with homes in the Fargo Moorhead West Fargo area and in MN lakes area. Michele has excellent communication skills, was proactive in sharing listings when buying home and in reaching out to potential buyers when selling a home. Michele also proactively communicated with us in all stages of the negiotiation process, offered helpful advice and advocated for us to get us a great deal. We would highly recommend asking Michele to be your realtor and have already recommended her to friends and family!”
“Excellent service from beginning to end. Was absolutely focused on the right investment for our family vs pushing a sale. Will use for all real estate needs moving forward.”
“Roger was great to work with. He gave no pressure to buy and was very knowledgeable on items we did not understand. We would recently his services to everyone.”
“Caitlin was great both times we worked with her; she was always on top of her game no matter what! She always replied fast to questions or comments, not that there were many of those, given how hands-on she was in explaining everything. She was incredibly knowledgeable about the entire process and had an answer for every question I sent her way. Not to mention how smooth she made the closing process, I thought that was going to be the biggest stressor, but she made it simpler than I thought possible for closing a house! I already absolutely recommend her to everyone I know and have no plans on changing that anytime soon!”
“We highly recommend Rochelle Roesler to anyone looking for an experienced, trustworthy and very knowledgeable real estate agent. Her communication was amazing! She was super responsive by promptly answering all of our calls and emails. We always felt like we were top priority on her list. From our first meeting to the closing process, Rochelle was by our side. This level of dedication and sincerity is rare in the real estate industry. Rochelle's genuine care and dedication made our journey so much easier and enjoyable. In the end, we found the perfect buyers for our beautiful home. Thanks Rochelle!!”
“Steve was an all around professional to work with. We had a few unique situations to get through on the buying side, and he took the lead and reassured everything would work out. He also did a fantastic job of marketing our house to sell during the slowest January in 4 years. We had a ton of exposure and he helped find the lucky buyers! I would highly recommend working with Steve and the EXP team!”
“Andrew was very professional and helped our family close on selling our family cabin in less than 4 days. Andrew gave A++ service while helping us from the start to the very end. I highly recommend using Andrew. Very knowledgeable! Chris Caspers”
“Jenn Johnson is a great agent! I worked with her on a previous purchase and now this purchase. She always represented us and our needs in a professional manner and with great dedication. She is knowledgeable, friendly, available and works tirelessly. If you are looking for an agent that will absolutely work for you and meet your needs and requirements than select Jenn.”
“Noah provided excellent pictures/media/decsriptions. He was very strategic in marketing my house and I was able to receive more than my asking price. Noah was very responsive and reassuring throughout the whole process. Highly, Highly Recommended!”
“Dan is easy to work with. He is very responsive to calls, emails and texts. He was with me every step of the way from showing through closing. Dan works with Buyers and sellers and is also a great Pro to have on speed dial if you are an Investor in real estate. I purchased a primary residence using Dan, and have spoken to him about investment real estate and he is full of knowledge and experience.”
“Jill Macnamara was unusual as a realtor...for all the right reasons. We've never had a realtor so attuned to the area and so eager to be the best. She worked so hard to sell our home, I felt like it was her home. It wasn't on the market much more than a week before it was snapped up. She staged it; literally brought in furniture and tasteful pictures and knickknacks; I wanted to move back in it looked so nice. She took her own photographs to get our house online early as a "Coming Soon" property, and her professional photographer then did a wonderful job; Jill even had him make a walkthrough video which was a real attention-getter. She knew local cleaners who were excellent (carpet, entire house) and who worked us into their busy schedule because Jill had recommended them. Even after our house sold, Jill was following up to make sure every document, every check, every little detail was complete and that we were satisfied. Wish all realtors were like this. Jill is a gem.”
There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Elizabeth. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.
Choosing a real estate agent to help you buy or sell property is one of the most important decisions you’ll make in your lifetime. You want to make sure your agent is an expert in your area, has a proven record helping people buy and sell similar homes to yours, and is well regarded by their previous clients. Let us know a few details about the property you are selling or the kind of home you want to buy, and Agent Pronto will match you with trusted real estate agents that have the experience you need. And before you interview an agent, check out our top five questions to ask a buyer’s agent and listing agent.
We consider performance metrics, close rates, specialties, and client reviews to qualify the best full-time agents. We then take the information you provide about the home you are selling or the kind of home you want to buy, and analyze the top local agents with the right experience for your specific needs. For more than a decade, we've helped hundreds of thousands of home buyers and sellers find the right agent. Get started now and find the perfect real estate agent.
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