Market Overview
Home Prices in Elysian, MN
The median home value in Elysian, MN is $432,470 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.9% compared to a year ago and up 3.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Elysian are priced5% above average. Elysian is part of the Minneapolis-St. Paul-Bloomington, MN-WI metro area.
Over the past five years, Elysian home values have risen by approximately26.0%, reflecting strong long-term appreciation in this market.
Price History
Elysian Home Price Trend
City Comparison
Elysian vs. National Median
At $432,470, homes in Elysian cost 5% above the national median of $410,000. Buyers in Elysian should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Elysian?
20% Down Payment
$86,494
on $432,470
Monthly P&I
$2,256/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,865/mo
incl. taxes & insurance
Income Needed
$114,600
gross annual (30% rule)
10% Down Option
$43,247
+ PMI applies
Loan Amount (20% dn)
$345,976
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Elysian, MN?
The median home value in Elysian is $432,470 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.9% year-over-year.
How much have home prices changed in Elysian?
Over the past year, home values in Elysian have increased by 1.9%. Over five years, prices have risen approximately 26.0%.
How much do I need to earn to buy a home in Elysian?
To comfortably afford the median home price of $432,470 with a 20% down payment ($86,494) at today's rates (6.8%), you'd need a gross annual income of approximately $114,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Elysian compare to the national average home price?
The national median home value is approximately $410,000. At $432,470, homes in Elysian are 5% above the national average.
What metro area is Elysian part of?
Elysian is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.