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  • Lake Elmo Market Report

    $582,519

    AVERAGE PRICE OF 152 HOMES

    $469,900

    AVERAGE PRICE OF 1 DISTRESSED HOMES

    $1,339,875

    AVERAGE PRICE OF 8 MULTI-MILLION DOLLAR HOMES

    $580,904

    AVERAGE PRICE OF 111 NEWLY BUILT HOMES

    $638,695

    AVERAGE PRICE OF 19 HOMES WITH A POOL

    $629,096

    AVERAGE PRICE OF 6 REDUCED PRICE HOMES

    Average Home

    Average Price $582,519
    Avg Bedrooms 3.66 beds
    Avg Bathrooms 3.34 baths

    Average Price by Bedrooms

    2 bedrooms $439,772
    3 bedrooms $502,713
    4 bedrooms $604,127
    5 bedrooms $788,314
    Lake Elmo Home Price Trends
      3/2019 2/2019 1/2019 12/2018 11/2018
    Total Listings 152 146 143 140 162
    Average Price $578,029 $575,032 $562,013 $564,384 $572,063
    Avg Price Change +0.52% +2.32% -0.42% -1.36% -1.30%
    Median Price $500,513 $498,605 $489,657 $491,920 $496,220
    Med Price Change +0.38% +1.83% -0.46% -0.87% -0.30%
    Avg Bedrooms 3.67 beds 3.61 beds 3.67 beds 3.66 beds 3.63 beds
    Avg Bathrooms 3.34 baths 3.27 baths 3.25 baths 3.21 baths 3.2 baths
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 152 $582,519 91 days
    Distressed Homes 1 $469,900 345 days
    Multi-Million Dollar Homes 8 $1,339,875 56 days
    Newly Built Homes 111 $580,904 94 days
    Homes with a Pool 19 $638,695 77 days
    Reduced Price Homes 6 $629,096 61 days
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