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Lake Elmo Market Report

$632,402

AVERAGE PRICE OF 153 HOMES

$1,427,450

AVERAGE PRICE OF 12 MULTI-MILLION DOLLAR HOMES

$625,054

AVERAGE PRICE OF 103 NEWLY BUILT HOMES

$734,553

AVERAGE PRICE OF 14 HOMES WITH A POOL

$513,700

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $632,402
Avg Bedrooms 3.76 beds
Avg Bathrooms 3.36 baths

Average Price by Bedrooms

2 bedrooms $427,460
3 bedrooms $568,745
4 bedrooms $643,681
5 bedrooms $773,367
Lake Elmo Home Price Trends
  7/2019 6/2019 5/2019 4/2019 3/2019
Total Listings n/a 168 162 150 152
Average Price n/a $602,144 $600,922 $577,798 $578,029
Avg Price Change n/a +0.20% +4.00% -0.04% +0.52%
Median Price n/a $515,297 $503,070 $499,045 $500,513
Med Price Change n/a +2.43% +0.81% -0.29% +0.38%
Avg Bedrooms n/a 3.61 beds 3.64 beds 3.67 beds 3.67 beds
Avg Bathrooms n/a 3.28 baths 3.32 baths 3.33 baths 3.34 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 153 $632,402 98 days
Multi-Million Dollar Homes 12 $1,427,450 107 days
Newly Built Homes 103 $625,054 107 days
Homes with a Pool 14 $734,553 83 days
Reduced Price Homes 4 $513,700 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 August 20, 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 August 20, 2019