• 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

    $316,685

    AVERAGE PRICE OF 21 HOMES

    $289,725

    AVERAGE PRICE OF 4 DISTRESSED HOMES

    $332,250

    AVERAGE PRICE OF 2 NEWLY BUILT HOMES

    $412,200

    AVERAGE PRICE OF 4 HOMES WITH A POOL

    $323,950

    AVERAGE PRICE OF 6 REDUCED PRICE HOMES

    Average Home

    Average Price $316,685
    Avg Bedrooms 3 beds
    Avg Bathrooms 2.76 baths

    Average Price by Bedrooms

    1 bedroom n/a
    2 bedrooms $332,250
    3 bedrooms $272,100
    4 bedrooms $335,575
    5 bedrooms $342,400
    Elko New Market Home Price Trends
      1/2017 12/2016 11/2016 10/2016 9/2016
    Total Listings 18 18 21 27 32
    Average Price $338,393 $359,840 $348,648 $342,947 $350,951
    Avg Price Change -6.34% +3.21% +1.66% -2.33% n/a
    Median Price $331,375 $341,117 $325,983 $326,666 $336,269
    Med Price Change -2.94% +4.64% -0.21% -2.94% n/a
    Avg Bedrooms 3 beds 3 beds 3 beds 3 beds 3 beds
    Avg Bathrooms 2.83 baths 2.74 baths 2.89 baths 2.9 baths 2.98 baths
    Home Price by House Size
    Total Homes Average Price Avg Days on Market
    All Homes 21 $316,685 62 days
    Distressed Homes 4 $289,725 129 days
    Newly Built Homes 2 $332,250 114 days
    Homes with a Pool 4 $412,200 113 days
    Reduced Price Homes 6 $323,950 132 days