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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

    $401,654

    AVERAGE PRICE OF 35 HOMES

    $323,560

    AVERAGE PRICE OF 5 DISTRESSED HOMES

    $1,650,000

    AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES

    $377,728

    AVERAGE PRICE OF 7 NEWLY BUILT HOMES

    $353,675

    AVERAGE PRICE OF 4 HOMES WITH A POOL

    $372,335

    AVERAGE PRICE OF 17 REDUCED PRICE HOMES

    Average Home

    Average Price $401,654
    Avg Bedrooms 3 beds
    Avg Bathrooms 2.89 baths

    Average Price by Bedrooms

    1 bedroom n/a
    2 bedrooms $330,460
    3 bedrooms $467,400
    4 bedrooms $392,170
    5 bedrooms $399,900
    Elko New Market Home Price Trends
      6/2017 5/2017 4/2017 3/2017 2/2017
    Total Listings 29 28 23 21 17
    Average Price $399,428 $362,325 $363,321 $334,596 $325,181
    Avg Price Change +10.24% -0.27% +8.58% +2.90% -4.06%
    Median Price $339,858 $331,408 $343,700 $321,238 $316,578
    Med Price Change +2.55% -3.71% +6.99% +1.47% -4.67%
    Avg Bedrooms 3 beds 3 beds 3 beds 3.03 beds 3 beds
    Avg Bathrooms 2.88 baths 2.96 baths 2.98 baths 2.94 baths 2.8 baths
    Home Price by House Size
    Total Homes Average Price Avg Days on Market
    All Homes 35 $401,654 72 days
    Distressed Homes 5 $323,560 109 days
    Multi-Million Dollar Homes 1 $1,650,000 38 days
    Newly Built Homes 7 $377,728 123 days
    Homes with a Pool 4 $353,675 82 days
    Reduced Price Homes 17 $372,335 83 days