Housing · Elysian

Elysian, MN housing market

The median sale price was $415,000 in May 2026.

Home values, sales, trends and how Elysian compares with the towns next door — updated as new data is published.

The market right now

Elysian at a glance

Median sale price
$415K
May 2026 · Redfin
Homes sold
1
in May · 7 for sale

Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.

New construction

13 new homes permitted in 2025

Builders were permitted 13 new homes in Elysian in 2025: 9 single-family houses and 4 in buildings with two or more homes, worth about $3.9 million to build. Over the past 10 years, Elysian has permitted 88 homes in all.

New homes, 2025
13
5 in 2024
2026 so far
0
Jan–Aug
Single-family
69%
of 2025’s new homes
Single-familyTwo or more homes per building2026 so far
05101520 2000: 11 homes 2000 2001: 11 homes 2002: 11 homes 2003: 12 homes 2004: 16 homes 2005: 13 homes (8 single-family, 5 in buildings with 2+ homes) 2005 2006: 13 homes 2007: 6 homes 2008: 3 homes 2009: 3 homes 2010: 2 homes 2010 2011: 2 homes 2012: 6 homes 2013: 5 homes 2014: 3 homes 2015: 2 homes 2015 2016: 6 homes 2017: 10 homes (8 single-family, 2 in buildings with 2+ homes) 2018: 9 homes (7 single-family, 2 in buildings with 2+ homes) 2019: 14 homes (10 single-family, 4 in buildings with 2+ homes) 2020: 13 homes (5 single-family, 8 in buildings with 2+ homes) 2020 2021: 9 homes (5 single-family, 4 in buildings with 2+ homes) 2022: 2 homes 2023: 7 homes (3 single-family, 4 in buildings with 2+ homes) 2024: 5 homes (3 single-family, 2 in buildings with 2+ homes) 2025: 13 homes (9 single-family, 4 in buildings with 2+ homes) 2025 2026 so far: 0 homes

Homes vs. people, 2010–2020

Residents+56
New homes+59

Between the 2010 and 2020 censuses, Elysian gained 56 residents while 59 new homes were permitted: about 0.9 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. 17% of Elysian's homes are seasonal or vacation homes, which adds housing without adding residents. Across Minnesota: 2.2 new residents per new home.

Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.

Show as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)000—
20251394$3.9 million
2024532$850,000
2023734$1.3 million
2022220$600,000
2021954$2.6 million
20201358$2.3 million
201914104$4.2 million
2018972$3 million
20171082$2 million
2016660$1.6 million
2015220$512,000
2014330$532,000
2013550$1.1 million
2012660$1.3 million
2011220$403,000
2010220$387,000
2009330$619,000
2008330$609,000
2007660$1.2 million
200613130$2.4 million
20051385$1.6 million
200416160$1.8 million
200312120$1.2 million
200211110$1.1 million
200111110$1.1 million
200011110$1.1 million

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.

Nearby

Elysian and its neighbors

The towns that share a border. Tap one to see its housing page.
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Elysian — — $1,280 13 $89,632
Elysian $424K +2.2% $1,180 — $99,766
Janesville $285K +4.4% $1,080 — $111,719
The homes

Owners, rent & taxes

Homeownership
82.6%
Median tax bill
$3,393
Median rent
$1,088
Typical home built
1988

U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $1,280

HUD's Fair Market Rent for a two-bedroom in Elysian is $1,280 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Elysian pay a median of $1,088, so moving in tends to cost more than staying put.

1 bedroom
$980
a month, with utilities
2 bedrooms
$1,280
a month, with utilities
3 bedrooms
$1,780
a month, with utilities

Studio $970 · 4 bedrooms $2,070

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (56028; Le Sueur County, MN HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

On the market

Recent listings in Elysian

Listed in the past 60 days. Each opens on the listing site.

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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