Elmwood, MN Housing Market
The Elmwood housing market is very competitive. The median sale price of a home in Elmwood was $364K last month, down 14.7% since last year. The median sale price per square foot in Elmwood is $227, down 3.8% since last year.
Elmwood Housing Market Trends
In July 2025, Elmwood home prices were down 14.7% compared to last year, selling for a median price of $364K. On average, homes in Elmwood sell after 18 days on the market compared to 31 days last year. There were 10 homes sold in July this year, up from 10 last year.

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How hot is the Elmwood housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% above list price and go pending in around 19 days.
- Hot homescan sell for about 4% above list price and go pending in around 12 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 16 days.
- Hot homescan sell for about 5% above list price and go pending in around 9 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 14 days.
- Hot homescan sell for about 6% above list price and go pending in around 6 days.
View houses in Elmwood that sold recently
Recently sold homes
- $400,000 Last Sold Price2 beds2 baths—sq ft5900 Oxford St #10, Minneapolis, MN 55416List Price$400,000Sale to List0% over listDays on Market85 days5900 Oxford St #10, Minneapolis, MN 55416
- $378,000 Last Sold Price4 beds2 baths—sq ft3936 Zarthan Ave S, Minneapolis, MN 55416List Price$375,000Sale to List1% over listDays on Market44 days3936 Zarthan Ave S, Minneapolis, MN 55416
- $333,500 Last Sold Price2 beds1 bath—sq ft3948 Webster Ave S, Minneapolis, MN 55416List Price$339,000Sale to List2% under listDays on Market51 days3948 Webster Ave S, Minneapolis, MN 55416
- $214,000 Last Sold Price1 bed1 bath—sq ft3640 Wooddale Ave S #218, Minneapolis, MN 55416List Price$217,500Sale to List2% under listDays on Market133 days3640 Wooddale Ave S #218, Minneapolis, MN 55416
- $400,0002 beds2 baths1,580 sq ft3712 Wooddale Ave S #16, Minneapolis, MN 55416List Price—Sale to List—Days on Market—3712 Wooddale Ave S #16, Minneapolis, MN 55416
- $325,0003 beds1 bath1,686 sq ft6016 Oxford St, Minneapolis, MN 55416List Price—Sale to List—Days on Market—6016 Oxford St, Minneapolis, MN 55416
- $402,500 Last Sold Price2 beds2 baths—sq ft5900 Oxford St #8, Minneapolis, MN 55416List Price$389,000Sale to List3% over listDays on Market68 days5900 Oxford St #8, Minneapolis, MN 55416
- $430,000 Last Sold Price4 beds2 baths—sq ft3900 Yosemite Ave S, Minneapolis, MN 55416List Price$400,000Sale to List7% over listDays on Market16 days3900 Yosemite Ave S, Minneapolis, MN 55416
See all recently sold homes in Elmwood.
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Schools in Elmwood
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GreatSchools Rating
NR St. Louis Park Special Ed. Program Public • PreK-6 | 131 Students | N/A |
NR Park Virtual - Elementary Public • K-5 | - Students | N/A |
Climate's impact on Elmwood housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Elmwood.
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Fire Factor - Minimal
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Wind Factor - Minor
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Heat Factor - Minor
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Transportation in Elmwood
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