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Elizabeth, MN real estate

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Elizabeth real estate Market Report.

Information and statistics on the latest trends in the Elizabeth real estate market. *

Quarterly Inventory and Sales Activity for Elizabeth

Rolling three-month supply and activity totals for the selected period.

Quarterly Inventory and Sales Activity for Elizabeth Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q1 '26 Active listings in Apr 2021 - Jun 2021: 1 Active listings in Jul 2021 - Sep 2021: 1 Active listings in Oct 2021 - Dec 2021: 1 Active listings in Apr 2022 - Jun 2022: 1 Active listings in Oct 2022 - Dec 2022: 1 Active listings in Apr 2023 - Jun 2023: 1 Active listings in Oct 2023 - Dec 2023: 2 Active listings in Jan 2024 - Mar 2024: 1 Active listings in Apr 2024 - Jun 2024: 1 Active listings in Oct 2024 - Dec 2024: 1 Active listings in Apr 2025 - Jun 2025: 2 Active listings in Jul 2025 - Sep 2025: 1 Active listings in Oct 2025 - Dec 2025: 3 Active listings in Jan 2026 - Mar 2026: 2 Apr 2021 - Jun 2021 Active listings 1 Jul 2021 - Sep 2021 Active listings 1 Oct 2021 - Dec 2021 Active listings 1 Jan 2022 - Mar 2022 Active listings Unknown Apr 2022 - Jun 2022 Active listings 1 Jul 2022 - Sep 2022 Active listings Unknown Oct 2022 - Dec 2022 Active listings 1 Jan 2023 - Mar 2023 Active listings Unknown Apr 2023 - Jun 2023 Active listings 1 Jul 2023 - Sep 2023 Active listings Unknown Oct 2023 - Dec 2023 Active listings 2 Jan 2024 - Mar 2024 Active listings 1 Apr 2024 - Jun 2024 Active listings 1 Jul 2024 - Sep 2024 Active listings Unknown Oct 2024 - Dec 2024 Active listings 1 Jan 2025 - Mar 2025 Active listings Unknown Apr 2025 - Jun 2025 Active listings 2 Jul 2025 - Sep 2025 Active listings 1 Oct 2025 - Dec 2025 Active listings 3 Jan 2026 - Mar 2026 Active listings 2
Active listings
* Data provided by Redfin, a national real estate brokerage.
10
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Feb 2026 - Apr 2026).

Inventory in Elizabeth is extremely limited in this rolling three-month view, with only 2 active listings and just 1 home sold. New listings and homes sold are flat year over year, highlighting how few properties change hands. Even with low sales counts, pending sales have doubled compared with a year ago, suggesting more deals are working their way toward closing.

Contract activity is unfolding in a slower-paced environment than last year. The median days on market has surged to 94 days in the latest period, more than triple year-ago levels, and only about half of homes go off the market within two weeks.

Pricing has moved sharply higher over the past year despite the slower selling tempo. The typical home value is up more than 80 percent year over year, and the median list price has risen even faster, climbing well over 100 percent. At the same time, the average sale-to-list price ratio has slipped to about 89 percent, down notably from a year ago, indicating buyers are negotiating more of a discount off asking prices. In a small, rapidly shifting market like Elizabeth, buyers and sellers can both benefit from an Agent Pronto–recommended real estate professional who understands these dynamics and can guide them through each step of the process.



Learn more about what Elizabeth has to offer.

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.

Find your Elizabeth real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“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!!”

Jim & Sheila Waclawik · Moorhead, MN

Photo of Rochelle Roesler
Century 21 FM Realty
“Michele did such an amazing job selling my house. Through every step of the way she explained the process, helped me understand what to expect, and advocated for me as the seller. I genuinely feel that Michele would have sold my house with the same level of care and attention if it had been a $5 million dollar home.”

Haley Kaspari · Fargo, ND

Photo of Michele Evert
Realty Xperts
“Caitlin was wonderful for my fiancee and I as we were looking for our first home! Caitlin was incredibly prompt and was able to answer all of the questions we had. She was very easy to work with and we'd recommend her to anyone!”

Taylor · Moorhead, MN

Photo of Caitlin Wachsmuth
Vesta Real Estate Brokered by Exp Realty
“We were very happy with the process of purchasing a new home and were always well informed. John made sure that our needs were met.”

Madonna Mayer · West Fargo, ND

Photo of John Colvin
Century 21 FM Realty
“Roger Hahn was fantastic to work with on buying our new home. He was always available and responded to our question in a timely manner. He is very friendly and not pushy. Would work with him again.”

Laurie Hoppe · New York Mills, MN

Photo of Roger Hahn
Century 21 Atwood
“Susan helped me sell my dad's house after he unexpectedly passed away in 2025. She was so kind and empathetic about my situation, and very patient as it took us months to empty the house before it was listed. But from the start she worked hard to get us the right resources and information. She was incredibly helpful during the selling process and gave great suggestions on price. She made the process pretty easy!”

Cyndi · Apple Valley, MN

Photo of Susan Jackson
RE/MAX Results
“We strongly recommend Larry Nielson for selling/buying your next home. He was very knowledgeable, confident and easy to work with.”

Fran & Lisa · Lake City, MN

Photo of Larry Nielson
Nielson Real Estate Services
“Becky was incredible to work with and helped us not only with the purchase of our home in Florida, but was a huge help through our whole process of moving from Minnesota and even assisted with finding a rental until we could find a place to build. Truly went above and beyond and took the time to really understand what we want. Highly recommend!”

Dustin · Lakewood Ranch, FL

Photo of Becky Gonzales
RE/MAX Profere
“Selling this house was particularly stressful with a few pitfalls. Marissa helped us navigate through them and stayed on top of the details. She always had our best interest in mind. We appreciate her persistence and will recommend her to our friends.”

Mary and Rick · Sauk Rapids, MN

Photo of Marissa Haakonson
Marissa Haakonson Real Estate brokered by eXp Realty
“I purchased my first home with the help of Heather Warner. From a quick google search of realators specializing in first time homebuyers I found the Barker Hedges team which led me to Heather. Leaning heavily on her experience I had unwavering faith in her to provide valuable consultation in all aspects of the house buying process. Strongly reccomend Heather to any homebuyers. She simplified the process for me tremedously and will was extremely honest in the house touring process. She will be a strong voice for you communicating at a very high level.”

Nate · Blaine, MN

Photo of Heather Warner
RE/MAX REMAX Results
“The team was efficient, thoughtful, disciplined and committed. The access to immediate contractor support was also helpful.”

PCG · Rochester, MN

Photo of Deanna Brumbaugh
RE/MAX Advantage Plus
“Jennifer was a pleasure to work with, along with being professional and educated on all aspects of the transaction. She was able to provide insight into the market and reacted to the situation. Plus we had lots of fun working together!”

Diane Smith · Tampa, FL

Photo of Jenny Dedrick
exp realty
“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!”

Pam Geyer · Little Falls, MN

Photo of Noah Goedker
eXp Realty
“I had an exceptional experience working with my real estate agent in selling my house in Plymouth, Minnesota. He provided invaluable advice on repairs, staging, and pricing, ensuring that every aspect of the sale was optimized. He even took the time to show me comparable properties, helping me determine the best listing price. Thanks to his expertise and dedication, I’m taking the time to leave reviews on multiple websites. I couldn’t have asked for a better realtor.”

Josh · Plymouth, MN

Photo of Minnesota Property Group
RE/MAX Results
“Shari was wonderful to work with. We have known each other for years but never worked together in this capacity. It is very obvious how much she loves her job! She was knowledgable and took my needs into consideation throughout the whole process. It was wonderful to work with her!”

Michele Berndt · Albertville, MN

Photo of Shari McGuire
Pemberton RE
“Amy was very helpful and knowledgeable. Everything went well.”

Barbara S. · Minneapolis, MN

Photo of Amy Westerlund
Keller Williams Premier Realty
“All went well. Carly was great and responded immediately to any inquiries.”

Alan N. · Duluth, MN

Photo of Carly Gosar
Messina & Associates
“Great job. Skip was great to work with.”

Mary C. · St. Cloud, MN

Photo of Skip Halverson
RE/MAX Results
“Chad Luscomb was very polite, helpful, knowledgeable and professional. I would recommend him in a heartbeat to anyone looking to sell a home!”

Eric K. · Mankato, MN

Photo of Chad Luscomb
Coldwell Banker River Valley REALTORS
“I was pleasantly surprised when I only had 1 phone call from realtors. My realtor (Jeremy) was amazing. I believe his commitment is what sold the house. He was very fluent in keeping in touch and letting me know what was happening.”

Tammey A. · Coon Rapids, MN

Photo of Jeremy Ellingson
RE/MAX Advantage Plus

Frequently Asked Questions

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.