Median home value: $353K (+4.3% YoY). Part of Rochester, MN.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Rochester, MN metro page.
Home Value$352,962
+4.3%
AFFORDABILITY6.00% 30yr, 20% down, county tax + MN ins. 28% per HUD.
Enter your income for Elgin.
$70,592 on $352,962
Stretch — 34.8% of income
Above 28% but manageable with cuts.
PITI$2,172
P/I34.8%
Afford$284K
Gap-$69K
P&I $1,693Tax $329Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing