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  • Elko New Market

    Why you'd want to live in Elko New Market

    Elko New Market is one of the fastest growing areas in Minnesota and a choice place to live within easy access to the Twin Cities.

    Elko New Market Market Report

    $329,008

    AVERAGE PRICE OF 23 HOMES

    $229,000

    AVERAGE PRICE OF 1 DISTRESSED HOMES

    $342,325

    AVERAGE PRICE OF 4 NEWLY BUILT HOMES

    $289,900

    AVERAGE PRICE OF 1 HOMES WITH A POOL

    $272,700

    AVERAGE PRICE OF 9 REDUCED PRICE HOMES

    Average Home

    Average Price $329,008
    Avg Bedrooms 3 beds
    Avg Bathrooms 2.57 baths

    Average Price by Bedrooms

    1 bedroom n/a
    2 bedrooms $334,860
    3 bedrooms $252,740
    4 bedrooms $332,057
    5 bedrooms $384,133
    Elko New Market Home Price Trends
      10/2017 9/2017 8/2017 7/2017 6/2017
    Total Listings 27 29 28 33 29
    Average Price $340,231 $347,918 $355,010 $389,229 $399,428
    Avg Price Change -2.26% -2.04% -9.64% -2.62% +10.24%
    Median Price $337,032 $340,446 $341,859 $342,108 $339,858
    Med Price Change -1.01% -0.42% -0.07% +0.66% +2.55%
    Avg Bedrooms 3 beds 3 beds 3 beds 3 beds 3 beds
    Avg Bathrooms 2.68 baths 2.7 baths 2.8 baths 2.84 baths 2.88 baths
    Home Price by House Size
    Total Homes Average Price Avg Days on Market
    All Homes 23 $329,008 50 days
    Distressed Homes 1 $229,000 8 days
    Newly Built Homes 4 $342,325 72 days
    Homes with a Pool 1 $289,900 79 days
    Reduced Price Homes 9 $272,700 60 days