516 E  2nd St, Litchfield, MN 55355
OFF MARKET

516 E 2nd St
Litchfield, MN 55355

  • Studio
  • 768 sqft

$199,000

Trulia Estimate
as of Aug 18, 2026
Est. Refi. Payment $1,248/mo*

$199,000

Trulia Estimate
as of Aug 18, 2026
Est. Refi. Payment $1,248/mo*
Studio
768 sqft

Home Value

Trulia Estimate
$199K
Since last month
Decreased$9K (-4.3%)
Since last year
Increased$9K (+4.7%)
Since last sale
Increased$112K (+128.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +122% in the last 10 years
MonthEstimated value
2026
August 2026$199K
July 2026$207K
June 2026$200K
May 2026$201K
April 2026$198K
March 2026$182K
February 2026$188K
January 2026$181K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.17
Single-Family Home
$210,000
05/15/26
2
2
971
0.03
Single-Family Home
$229,900
10/24/25
4
1
1,472
0.18
Single-Family Home
$204,000
07/24/26
3
1
1,064
0.26
Single-Family Home
$161,200
08/17/26
2
1
988
0.09
Single-Family Home
$209,000
05/15/26
2
2
1,506
0.05
Single-Family Home
$255,000
07/15/26
3
2
1,668
0.07
Single-Family Home
$253,500
06/05/26
4
2
2,080
0.18
Single-Family Home
$215,000
07/30/26
3
2
1,638
0.51
Single-Family Home
$126,000
02/25/26
-
643
0.26
Single-Family Home
$245,000
03/26/26
3
2
1,264

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.03
$229,900
4
1
1,472
Recently Sold
0.08
$195,000
3
2
1,393
Off Market
0.06
$323,900
4
2
2,232
Off Market
0.05
$255,000
3
2
1,668
Recently Sold
0.10
$241,100
3
2
2,244
Off Market
0.07
$253,500
4
2
2,080
Recently Sold
0.08
$244,000
3
2
1,602
Off Market
0.09
$209,000
2
2
1,506
Recently Sold
0.09
$264,900
4
2
3,056
Recently Sold
0.13
$213,000
2
2
1,346
For Sale
0.13
$198,700
4
2
1,275
Off Market
0.15
$125,000
2
1
1,120
Recently Sold

Local Information

  • Map ViewExplore the area around 516 E 2nd St.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1975
Living Area
768 sqft
Price/Sqft
$259

About this House

This single-family home is located at 516 E 2nd St, Litchfield, MN. 516 E 2nd St is in Litchfield, MN and in ZIP code 55355. This property has approximately 768 sqft of floor space. This property was built in 1975.
516 E 2nd St, Litchfield, MN 55355 is a studio, 768 sqft single-family home built in 1975. It last sold for $87,000 on Oct 1, 2003. It is currently off market. The Trulia Estimate is $199,000, with a rent estimate of $1,170/month.

Home Details for 516 E 2nd St

Property Information

Year Built
Year Built: 1975
Property Type / Style
Property Type: Single Family Home

Price and Tax history

DateEventPrice
Oct 1, 2003
Source: N/A
Sold
$87,000

Market trends in Litchfield

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
47
1
MoM
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What Locals Say about Litchfield

At least 14 Trulia users voted on each feature.
  • 100 % Say parking is easy

  • 89 % Say yards are well-kept

  • 84 % Say it's dog friendly

  • 80 % Say there's holiday spirit

  • 79 % Say car is needed

  • 65 % Say kids play outside

  • 61 % Say it's quiet

  • 58 % Say people would walk alone at night

  • 55 % Say neighbors are friendly

  • 50 % Say streets are well-lit

  • 45 % Say it's walkable to restaurants

  • 39 % Say they plan to stay for at least 5 years

  • 37 % Say there's wildlife

  • 36 % Say there are community events

  • 32 % Say there are sidewalks

  • 24 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Emily T.
    "people love dogs here. but I've seen several people let their dog poop on the street or in someone's yard and not pick up after them. pick up your doggy doo Doo please "
  • Leah
    "People walk their dogs but the dog park is not fenced in. There is a fenced in dog park in neighboring town of Hutchinson. "
  • Gustomalley1
    "Neighbors all know each other. My neighborhood is becoming more and more ethnically diverse since I moved here. Not sure yet if that’s a good thing?"
  • Timothy C.
    "Litchfield has a crime rate well below the national average. Its the kind of place where crime is an afterthought. Good schools and great community involvement opportunities are at the top of the list. Entertainment is lacking for young - middle aged adults, but if you;re raising a family, you couldn't ask for more."

LGBTQ Local Legal Protections

Homes for sale near 516 E 2nd St

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Off Market Homes Near 516 E 2nd St

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Frequently asked questions about 516 E 2nd St

  • What is 516 E 2nd St estimated to be worth?
    Trulia's estimated value for 516 E 2nd St in Litchfield, MN is $199,000.
  • What is the price history for 516 E 2nd St?
    516 E 2nd St in Litchfield, MN last sold for $87,000 in October 2003.
  • Is Litchfield a buyer's or seller's market?
    Litchfield is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Litchfield?
    Residents describe Litchfield, MN as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See recently sold homes in Litchfield, MN.