There are currently 4 properties with a median home value in Elbow Lake, MN 56531 of $111,800. The median list price per square foot in Elbow Lake, MN 56531 is $111. Of the total homes in Elbow Lake, MN 56531 100% are for sale, 0% are for rent, and 50% are single family homes. Elbow Lake, MN 56531 represents 0% of home addresses in the United States. Home values in Elbow Lake, MN 56531 are Infinity% above the median home value in the United States. Interested in knowing how much your home in Elbow Lake, MN 56531 is worth? The Homes.com Automated Valuation Model (AVM) provides an estimate of the home value of every on and off market property in the US.