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Housing in Elsie

23 homes sold in Elsie in the last year, at a typical $167K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Elsie homes are listed.

Homes sold
23
May 2025 to April 2026
Typical sale price
$167K
median, weighted by sales
Price per square foot
$108
Michigan $172
Paid vs. asking
96.3%
35% sold over asking
For sale now
4
April 2026 · 1 sold that month
What sold · last 12 months

Houses are 96% of Elsie’s sales, at a typical $166K

23 homes sold in the year to April 2026.

Houses$166K

typical sale · 22 sold in 12 months

Per square foot
$111MI $171
Days to sell
58
Sold over asking
36%
Listings with a price cut
42%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $188K

Too few sales in 12 months for reliable figures.

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $150K buys in Elsie

Houseat $111 a sq ft
The same money in Michiganat $171 a sq ft

Is this asking price fair?

Check a listing against what Elsie homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

Rent or buy?

Owning the typical Elsie home costs about $1,081 a month

Mortgage
Property tax
Insurance
Rent

Price: Elsie’s typical sale, last 12 months. Property tax at Elsie’s 1.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Elsie is affordable on local pay is on Cost of living.

Before you buy in Elsie

Four things worth knowing

1.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $167K home, about $2,510 a year.

Taxes vs. neighbors
31 min

Typical commute

The average one-way trip to work for people who live in Elsie.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot; St. Johns, Laingsburg and Corunna for far more

The busier markets within 25 miles of Elsie, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Owosso250$152K$12541%26
St. Johns99$232K$15233%48
Ithaca45$159K$10816%88
Corunna42$199K$13926%57
Chesaning39$168K$11046%37
Elsie23$167K$10835%56
Laingsburg21$261K$14333%42

Redfin Data Center, May 2025 to April 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Elsie, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Elsie. People who follow the town see it, and so do people comparing Elsie with their own town. No commission, no listing fee.

Questions about buying a home in Elsie

What do homes sell for in Elsie, MI?

23 homes sold in the year to April 2026 at a typical $167K, $108 a square foot.

Is Elsie a buyer’s or seller’s market?

A balanced market: 4 homes were for sale in April 2026 and 1 sold, about 4 months of supply. Buyers paid 96.3% of asking on average, and 42% of listings cut their price.

How much are property taxes in Elsie?

About 1.5% of a home’s value a year. On a $167K home that’s near $2,510.

Where can I see homes for sale in Elsie?

Zillow, Redfin, Realtor.com and Homes.com all carry Elsie’s MLS listings; the search links above open each one filtered to Elsie.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).