Housing market · ZIP 56533

Elizabeth, MN Home Prices & Forecast

Median value and 12-month outlook · as of April 2026

Median home value

$218,453

3-month+2.4%

6-month+2.5%

12-month+4.5%

Touse 12-month forecast

+5.3%

Projected median near $229,946 over the next 12 months

As of April 2026, the median home value in Elizabeth, MN (ZIP 56533) is $218,453. Prices are stable, up 4.5% over the past year. Touse's model projects a +5.3% change over the next 12 months, putting the median near $229,946.

See what you can afford here →

Nearby areas in Otter Tail

Dalton 56324 Parkers Prairie 56361 Battle Lake 56515 Bluffton 56518 Clitherall 56524 Deer Creek 56527 Dent 56528 Erhard 56534

Estimates are derived from Zillow Research price history and Touse's forecasting model (LightGBM + Prophet). Forecasts are 12-month projections with inherent uncertainty, not guarantees, and are not financial advice. Confirm with a licensed professional before any decision.