Elk River, MN Home Values & Market Trends
Real estate market trends reflect that there have been 490 transactions over the past year in Elk River. The median value for residential home transactions that occurred over the previous year is $377,154.69. The number of current listings in Elk River is 25, and the percentage of properties for sale in the city is 25.00%. Elk River, MN currently has 19 properties in foreclosure, 4 bank owned properties, 15 properties headed for auction, and 25 properties for sale.
Elk River, MN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 55330 | $ 369,900 $ 170/sqft |
Housing Market Summary for Elk River, MN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $389.9K | $374.1K | -4.06% |
| Median Sold Price | $343K | $374.1K | 9.06% |
| Homes For Sale | 45 | 32 | -28.89% |
| Homes Sold | 262 | 245 | -6.49% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Elk River, MN
Browse Homes in Elk River, MN
Elk River home values range from $18,947 to $2,825,205. The median estimated value of a home in Elk River is $377,154.69. The median list price of a home is 380,000, and the total count of properties in the city is 10,042.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Elk River, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Elk River, MN; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Elk River, MN ranges from the highest value of $416,000 in 55330 to the lowest value of $300,625 in 55330. Bank owned homes and properties account for 0.04% of properties in Elk River, MN. There is 1 zips within Elk River, MN; 55330 containing 4 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions55330 has 20 auction properties, the highest number of properties going to auction in a single zip in the state of Elk River, MN. Auction homes and other auction properties account for 0.15% of all properties in Elk River, MN. There is 1 zips within Elk River, MN; of that zips, the median estimated home value for homes going to auction ranges from $640,040 in 55330 to the lowest value of $201,003 in 55330.
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Guide for Elk River, MN
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