The median home value in Elbow Lake, MN is $157,900. This is lower than the county median home value of $193,200. The national median home value is $338,100. The average price of homes sold in Elbow Lake, MN is $157,900. Approximately 60.88% of Elbow Lake homes are owned, compared to 28.89% rented, while 10.24% are vacant. Elbow Lake real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Elbow Lake real estate agent to arrange a tour today!
Elbow Lake, Minnesota 56531 has a population of 1,129. Elbow Lake 56531 is less family-centric than the surrounding county with 27.61% of the households containing married families with children. The county average for households married with children is 27.66%.
The median household income in Elbow Lake, Minnesota 56531 is $47,031. The median household income for the surrounding county is $60,781 compared to the national median of $69,021. The median age of people living in Elbow Lake 56531 is 40.9 years.
The average high temperature in July is 81.5 degrees, with an average low temperature in January of -0.2 degrees. The average rainfall is approximately 24.8 inches per year, with 44.3 inches of snow per year.