• 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

    $342,040

    AVERAGE PRICE OF 21 HOMES

    $268,462

    AVERAGE PRICE OF 7 DISTRESSED HOMES

    $356,250

    AVERAGE PRICE OF 6 NEWLY BUILT HOMES

    $313,100

    AVERAGE PRICE OF 6 HOMES WITH A POOL

    $354,240

    AVERAGE PRICE OF 5 REDUCED PRICE HOMES

    Average Home

    Average Price $342,040
    Avg Bedrooms 3 beds
    Avg Bathrooms 2.9 baths

    Average Price by Bedrooms

    1 bedroom n/a
    2 bedrooms $302,460
    3 bedrooms $261,300
    4 bedrooms $385,771
    5 bedrooms $342,400
    Elko New Market Home Price Trends
      12/2016 11/2016 10/2016 9/2016 8/2016
    Total Listings 18 21 27 32 n/a
    Average Price $359,840 $348,648 $342,947 $350,951 n/a
    Avg Price Change +3.21% +1.66% -2.33% n/a n/a
    Median Price $341,117 $325,983 $326,666 $336,269 n/a
    Med Price Change +4.64% -0.21% -2.94% n/a n/a
    Avg Bedrooms 3 beds 3 beds 3 beds 3 beds n/a
    Avg Bathrooms 2.74 baths 2.89 baths 2.9 baths 2.98 baths n/a
    Home Price by House Size
    Total Homes Average Price Avg Days on Market
    All Homes 21 $342,040 64 days
    Distressed Homes 7 $268,462 64 days
    Newly Built Homes 6 $356,250 56 days
    Homes with a Pool 6 $313,100 69 days
    Reduced Price Homes 5 $354,240 139 days