Lake Elmo Market Report

$629,575

AVERAGE PRICE OF 104 HOMES

$1,544,738

AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES

$618,845

AVERAGE PRICE OF 79 NEWLY BUILT HOMES

$737,901

AVERAGE PRICE OF 22 HOMES WITH A POOL

$559,900

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $629,575
Avg Bedrooms 3.44 beds
Avg Bathrooms 3.28 baths

Average Price by Bedrooms

1 bedroom $769,900
2 bedrooms $578,129
3 bedrooms $556,384
4 bedrooms $657,824
5 bedrooms $824,523
Lake Elmo Home Price Trends
  2/2021 1/2021 12/2020 11/2020 10/2020
Total Listings n/a 94 96 102 116
Average Price n/a $648,244 $644,774 $637,528 $650,954
Avg Price Change n/a +0.54% +1.14% -2.11% +0.27%
Median Price n/a $570,578 $552,242 $539,634 $553,343
Med Price Change n/a +3.32% +2.34% -2.54% +1.96%
Avg Bedrooms n/a 3.48 beds 3.54 beds 3.65 beds 3.68 beds
Avg Bathrooms n/a 3.29 baths 3.33 baths 3.32 baths 3.33 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 104 $629,575 90 days
Multi-Million Dollar Homes 4 $1,544,738 113 days
Newly Built Homes 79 $618,845 100 days
Homes with a Pool 22 $737,901 131 days
Reduced Price Homes 1 $559,900 35 days