What is the median home value in Elmwood Township, MN?

The median value of owner-occupied homes in Elmwood Township, MN is $340,900 (±$63,362), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Elmwood Township, the median home value went from $229,700 in 2015–2019 to $340,900 in 2020–2024 (+48.4%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median home value
$340,900 (±$63,362)
Owner-occupied homes
159 (±33)
Most common range
$300,000 to $499,999

Home values in Elmwood Township

Owner-occupied homes by value, 2020–2024
ValueElmwood TownshipClay CountyMinnesotaUnited States
Less than $50,0000.6% (±2.1 points)3.8%4.0%5.3%
$50,000 to $99,9993.8% (±6.1 points)1.7%3.7%6.1%
$100,000 to $149,9992.5% (±2.5 points)5.7%5.2%6.8%
$150,000 to $199,99911.9% (±11.6 points)13.3%8.1%9.0%
$200,000 to $299,99922.6% (±10.3 points)34.5%22.6%17.8%
$300,000 to $499,99945.3% (±13.0 points)32.3%36.9%26.9%
$500,000 to $999,99911.9% (±5.6 points)7.8%17.0%20.9%
$1,000,000 or more1.3% (±1.9 points)0.8%2.6%7.1%

The most common range is $300,000 to $499,999, 45.3% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Elmwood Township against Clay County, its state and the nation

Estimate (90% margin of error)
Elmwood TownshipClay CountyMinnesotaUnited States
Median home value$340,900 (±$63,362)$265,500 (±$7,783)$329,300 (±$903)$332,700
Owner-occupied homes159 (±33)17,424 (±488)1,666,687 (±7,556)84,210,142

In Elmwood Township, the median home value is higher than in Clay County ($265,500).

It is not measurably different from Minnesota ($329,300).

It is not measurably different from the national figure ($332,700).

In Clay County, Elmwood Township ranks 15 of 40 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 555 of 2,558.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Elmwood Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$229,700 (±$48,954)$340,900 (±$63,362)+48.4%No measurable change after inflation
Median owner cost with a mortgage$1,389 (±$304)$2,063 (±$479)+48.5%No measurable change after inflation
Median real estate taxes$2,041 (±$317)$2,824 (±$299)+38.4%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Elmwood Township

Nearest places with a published estimate, compared with Elmwood Township
PlaceDistanceMedian home valueCompared with this place
Elmwood Township—$340,900 (±$63,362)—
Sabin2.5 mi$265,700 (±$33,803)Lower
Glyndon Township5.5 mi$307,100 (±$82,336)Not measurably different
Kurtz Township5.7 mi$385,200 (±$44,317)Not measurably different
Elkton Township5.9 mi$331,500 (±$29,421)Not measurably different
Alliance Township6.0 mi$235,400 (±$62,836)Lower
Moorhead Township6.8 mi$407,100 (±$153,438)Not measurably different
Glyndon7.7 mi$264,800 (±$16,891)Lower
Barnesville Township8.4 mi$309,500 (±$89,162)Not measurably different

Nearby places with a measurably lower figure: Sabin, MN ($265,700), Alliance Township, MN ($235,400), Glyndon, MN ($264,800).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Clay County, place by place

RankPlaceMedian home value
9Kurtz Township$385,200 (±$44,317)
10Kragnes Township$371,400 (±$35,139)
11Cromwell Township$351,100 (±$27,938)
12Moland Township$346,500 (±$39,350)
13Humboldt Township$344,400 (±$31,721)
14Morken Township$342,900 (±$108,220)
15Elmwood Township$340,900 (±$63,362)
16Highland Grove Township$335,200 (±$28,713)
17Georgetown Township$333,300 (±$24,608)
18Elkton Township$331,500 (±$29,421)
19Goose Prairie Township$322,700 (±$57,678)
20Tansem Township$317,500 (±$52,793)
21Flowing Township$315,600 (±$31,679)

Showing 13 of 40 places in Clay County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Elmwood Township

What is the average home value in Elmwood Township, MN?

The Census Bureau publishes the median: $340,900 (±$63,362) for owner-occupied homes in Elmwood Township (2020–2024 American Community Survey).

Have home values in Elmwood Township gone up?

In Elmwood Township, the median home value went from $229,700 in 2015–2019 to $340,900 in 2020–2024 (+48.4%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Elmwood Township sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Elmwood township, Clay County, Minnesota (county subdivision:19052, in state:27 county:027).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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