OfferBackedBuyer Tools Run my numbers

Is Elizabeth, MN 56533 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Elizabeth is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market
Sold above original list—Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market—Listing to accepted offer
Median price per sq ft—

Run the numbers for 56533

Prefilled for 56533Can I win this house?Multiple-offer likelihood for a listing Prefilled for 56533Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Battle Lake 56515Balanced $251 /sq ftBluffton 56518Buyer’s market $170 /sq ftClitherall 56524Seller’s market $215 /sq ftDalton 56324Seller’s market $160 /sq ft Browse all markets →

Local agents

See all agents in 56533 →

No sponsored agents in 56533 yet. Are you an agent here? Put your name in front of local buyers.

More tools for 56533

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology