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  • Lake Elmo Market Report

    $625,384

    AVERAGE PRICE OF 159 HOMES

    $324,900

    AVERAGE PRICE OF 2 DISTRESSED HOMES

    $1,430,358

    AVERAGE PRICE OF 12 MULTI-MILLION DOLLAR HOMES

    $615,773

    AVERAGE PRICE OF 108 NEWLY BUILT HOMES

    $690,102

    AVERAGE PRICE OF 17 HOMES WITH A POOL

    $517,100

    AVERAGE PRICE OF 7 REDUCED PRICE HOMES

    Average Home

    Average Price $625,384
    Avg Bedrooms 3.67 beds
    Avg Bathrooms 3.31 baths

    Average Price by Bedrooms

    2 bedrooms $432,027
    3 bedrooms $551,200
    4 bedrooms $658,095
    5 bedrooms $813,544
    Lake Elmo Home Price Trends
      6/2019 5/2019 4/2019 3/2019 2/2019
    Total Listings 168 162 150 152 146
    Average Price $602,144 $600,922 $577,798 $578,029 $575,032
    Avg Price Change +0.20% +4.00% -0.04% +0.52% +2.32%
    Median Price $515,297 $503,070 $499,045 $500,513 $498,605
    Med Price Change +2.43% +0.81% -0.29% +0.38% +1.83%
    Avg Bedrooms 3.61 beds 3.64 beds 3.67 beds 3.67 beds 3.61 beds
    Avg Bathrooms 3.28 baths 3.32 baths 3.33 baths 3.34 baths 3.27 baths
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 159 $625,384 98 days
    Distressed Homes 2 $324,900 234 days
    Multi-Million Dollar Homes 12 $1,430,358 73 days
    Newly Built Homes 108 $615,773 105 days
    Homes with a Pool 17 $690,102 118 days
    Reduced Price Homes 7 $517,100 73 days