• 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

    $337,504

    AVERAGE PRICE OF 23 HOMES

    $312,950

    AVERAGE PRICE OF 2 DISTRESSED HOMES

    $332,250

    AVERAGE PRICE OF 2 NEWLY BUILT HOMES

    $429,925

    AVERAGE PRICE OF 4 HOMES WITH A POOL

    $347,942

    AVERAGE PRICE OF 7 REDUCED PRICE HOMES

    Average Home

    Average Price $337,504
    Avg Bedrooms 3 beds
    Avg Bathrooms 2.96 baths

    Average Price by Bedrooms

    1 bedroom n/a
    2 bedrooms $332,250
    3 bedrooms $296,783
    4 bedrooms $355,590
    5 bedrooms $349,900
    Elko New Market Home Price Trends
      2/2017 1/2017 12/2016 11/2016 10/2016
    Total Listings 17 18 18 21 27
    Average Price $325,181 $338,393 $359,840 $348,648 $342,947
    Avg Price Change -4.06% -6.34% +3.21% +1.66% -2.33%
    Median Price $316,578 $331,375 $341,117 $325,983 $326,666
    Med Price Change -4.67% -2.94% +4.64% -0.21% -2.94%
    Avg Bedrooms 3 beds 3 beds 3 beds 3 beds 3 beds
    Avg Bathrooms 2.8 baths 2.83 baths 2.74 baths 2.89 baths 2.9 baths
    Home Price by House Size
    Total Homes Average Price Avg Days on Market
    All Homes 23 $337,504 63 days
    Distressed Homes 2 $312,950 148 days
    Newly Built Homes 2 $332,250 145 days
    Homes with a Pool 4 $429,925 79 days
    Reduced Price Homes 7 $347,942 122 days