Elko New Market, MN Home Values & Market Trends
Real estate market trends reflect that there have been 182 transactions over the past year in Elko New Market. The median value for residential home transactions that occurred over the previous year is $484,487. The number of current listings in Elko New Market is 183, and the percentage of properties for sale in the city is 183.00%. Elko New Market, MN currently has 1 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 183 properties for sale.
Elko New Market, MN Real Estate Market Overview
Housing Market Summary for Elko New Market, MN
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $481.8K | $488.5K | 1.40% |
| Median Sold Price | $470K | $460.8K | -1.96% |
| Homes For Sale | 120 | 181 | 50.83% |
| Homes Sold | 38 | 44 | 15.79% |
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 Elko New Market, MN
Browse Homes in Elko New Market, MN
Elko New Market home values range from $163,837 to $1,585,000. The median estimated value of a home in Elko New Market is $484,487. The median list price of a home is 488,500, and the total count of properties in the city is 224.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Elko New Market, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Elko New Market, MN; of those 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 Elko New Market, MN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Elko New Market, MN. There are 2 zips within Elko New Market, MN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions55020 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Elko New Market, MN. Auction homes and other auction properties account for 0.45% of all properties in Elko New Market, MN. There are 2 zips within Elko New Market, MN; of those zips, the median estimated home value for homes going to auction ranges from $294,449 in 55020 to the lowest value of $294,449 in 55020.
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Guide for Elko New Market, MN
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
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