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Elliot Park housing market, August 2026

Past report · Minneapolis Area REALTORS® Local Market Update · current as of September 8, 2026. See the newest report (September 2026)

  • Median sale price$200K−14.6% vs. August 2025
  • Homes sold5−28.6% vs. August 2025
  • Days on market202August 2026
  • Months of supply7end of August 2026

The short version

Elliot Park in August 2026

In August 2026, 5 homes sold in Elliot Park, against 7 in August 2025.

The median sale price was $199,900, down 14.6% from a year earlier, and homes spent 202 days on market, with sellers receiving 93.1% of their original list price.

The month ended with 29 homes for sale, 7 months of supply (a buyer’s market by the usual measure).

Over the 12 months through August 2026, the median was $310,000 (down 2.4%) across 53 sales.

Only 5 homes sold here in August 2026, so this month's numbers can swing a lot. The 12-month figures are steadier.

Median sale price by month through August 2026, Elliot Park
0200k400k600kOct 2024Feb 2025Jun 2025Oct 2025Feb 2026Aug 2026$257,500Oct 2024$257,500Nov 2024$375,000Dec 2024$323,625Jan 2025$325,000Feb 2025$286,500Mar 2025$378,500Apr 2025$360,000May 2025$322,500Jun 2025$462,500Jul 2025$283,000Aug 2025$234,000Sep 2025$360,000Oct 2025$265,000Nov 2025$299,900Dec 2025$327,500Jan 2026$257,500Feb 2026$312,000Mar 2026$250,000Apr 2026$310,000Jun 2026$288,500Jul 2026$360,000$199,900Aug 2026$199,900

Single months can swing when few homes sell.

Show as a table
YearMedian price
Oct 2024$257,500
Nov 2024$375,000
Dec 2024$323,625
Jan 2025$325,000
Feb 2025$286,500
Mar 2025$378,500
Apr 2025$360,000
May 2025$322,500
Jun 2025$462,500
Jul 2025$283,000
Aug 2025$234,000
Sep 2025$360,000
Oct 2025$265,000
Nov 2025$299,900
Dec 2025$327,500
Jan 2026$257,500
Feb 2026$312,000
Mar 2026$250,000
Apr 2026$310,000
Jun 2026$288,500
Jul 2026$360,000
Aug 2026$199,900

All the numbers

Elliot Park, August 2026 vs. August 2025

August 202612 months through August 2026
MeasureYear beforeThis yearChangeYear beforeThis yearChange
Median sale price$234,000$199,900−14.6%$317,500$310,000−2.4%
Average sale price$320,414$221,670−30.8%$352,935$327,181−7.3%
Price per square foot$243$235−3.4%$270$266−1.3%
Closed sales75−28.6%7153−25.4%
New listings49+125.0%149103−30.9%
Days on market146202+38.4%162167+3.1%
% of original list price received95.9%93.1%−2.9%94.6%93.5%−1.2%
Homes for sale (end of month)4029−27.5%———
Months of supply6.57+7.7%———
Twin Cities region, median price$400,000$405,000+1.3%$389,000$395,000+1.5%

Source: Minneapolis Area REALTORS® Local Market Update, Elliot Park, August 2026. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of September 8, 2026. Does not account for seller concessions. Activity for one month can sometimes look extreme due to small sample size.

Quick answers

Elliot Park in August 2026: questions

What was the median home price in Elliot Park, Minneapolis in August 2026?

$199,900, from 5 sales (down 14.6% from August 2025), according to the Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data). With so few sales, a single month can swing a lot; the 12-month median was $310,000.

How many homes sold in Elliot Park, Minneapolis in August 2026?

5, against 7 in August 2025. 9 new listings came on the market that month.

Was Elliot Park a buyer's or seller's market in August 2026?

Elliot Park ended August 2026 with 7 months of supply (29 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.

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