• 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

    $363,550

    AVERAGE PRICE OF 28 HOMES

    $446,666

    AVERAGE PRICE OF 3 DISTRESSED HOMES

    $356,100

    AVERAGE PRICE OF 4 NEWLY BUILT HOMES

    $396,200

    AVERAGE PRICE OF 4 HOMES WITH A POOL

    $353,330

    AVERAGE PRICE OF 10 REDUCED PRICE HOMES

    Average Home

    Average Price $363,550
    Avg Bedrooms 3 beds
    Avg Bathrooms 2.96 baths

    Average Price by Bedrooms

    1 bedroom n/a
    2 bedrooms $351,500
    3 bedrooms $287,437
    4 bedrooms $382,800
    5 bedrooms $459,920
    Elko New Market Home Price Trends
      4/2017 3/2017 2/2017 1/2017 12/2016
    Total Listings 23 21 17 18 18
    Average Price $363,321 $334,596 $325,181 $338,393 $359,840
    Avg Price Change +8.58% +2.90% -4.06% -6.34% +3.21%
    Median Price $343,700 $321,238 $316,578 $331,375 $341,117
    Med Price Change +6.99% +1.47% -4.67% -2.94% +4.64%
    Avg Bedrooms 3 beds 3.03 beds 3 beds 3 beds 3 beds
    Avg Bathrooms 2.98 baths 2.94 baths 2.8 baths 2.83 baths 2.74 baths
    Home Price by House Size
    Total Homes Average Price Avg Days on Market
    All Homes 28 $363,550 65 days
    Distressed Homes 3 $446,666 91 days
    Newly Built Homes 4 $356,100 148 days
    Homes with a Pool 4 $396,200 36 days
    Reduced Price Homes 10 $353,330 66 days