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Lake Elmo Market Report

$602,671

AVERAGE PRICE OF 154 HOMES

$249,900

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,303,756

AVERAGE PRICE OF 12 MULTI-MILLION DOLLAR HOMES

$586,778

AVERAGE PRICE OF 122 NEWLY BUILT HOMES

$606,124

AVERAGE PRICE OF 36 HOMES WITH A POOL

$699,000

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $602,671
Avg Bedrooms 3.58 beds
Avg Bathrooms 3.27 baths

Average Price by Bedrooms

2 bedrooms $411,470
3 bedrooms $554,735
4 bedrooms $609,167
5 bedrooms $807,904
Lake Elmo Home Price Trends
  11/2019 10/2019 9/2019 8/2019 7/2019
Total Listings 148 144 137 152 163
Average Price $602,887 $624,802 $637,242 $629,579 $613,186
Avg Price Change -3.64% -1.99% +1.22% +2.67% +1.83%
Median Price $520,160 $528,931 $543,703 $542,748 $525,000
Med Price Change -1.69% -2.79% +0.18% +3.38% +1.88%
Avg Bedrooms 3.7 beds 3.73 beds 3.77 beds 3.74 beds 3.69 beds
Avg Bathrooms 3.34 baths 3.34 baths 3.38 baths 3.34 baths 3.29 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 154 $602,671 87 days
Distressed Homes 1 $249,900 46 days
Multi-Million Dollar Homes 12 $1,303,756 142 days
Newly Built Homes 122 $586,778 80 days
Homes with a Pool 36 $606,124 76 days
Reduced Price Homes 1 $699,000 18 days
Jason Gorman Real Estate Team Keller Williams Premier Realty
Jason Gorman
635 Bielenberg Dr. Ste 100
Woodbury, MN 55125
651-735-7653

The data relating to real estate for sale on this web site comes in part from the Broker Keller Williams Premier Realty of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Lakes Area Realty are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.” Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.” Copyright2019Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Data last updated December 12, 2019
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.” Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.” Copyright2019Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Data last updated December 12, 2019