Lake Elmo Market Report
$667,367
AVERAGE PRICE OF 127 HOMES$1,905,300
AVERAGE PRICE OF 10 MULTI-MILLION DOLLAR HOMES$629,012
AVERAGE PRICE OF 69 NEWLY BUILT HOMES$866,881
AVERAGE PRICE OF 14 HOMES WITH A POOL$584,500
AVERAGE PRICE OF 2 REDUCED PRICE HOMESAverage Home
| Average Price | $667,367 |
| Avg Bedrooms | 3.09 beds |
| Avg Bathrooms | 2.9 baths |
Average Price by Bedrooms
| 1 bedroom | $769,900 |
| 2 bedrooms | $582,681 |
| 3 bedrooms | $554,673 |
| 4 bedrooms | $694,750 |
| 5 bedrooms | $817,276 |
Lake Elmo Home Price Trends
| 5/2021 | 4/2021 | 3/2021 | 2/2021 | 1/2021 | |
|---|---|---|---|---|---|
| Total Listings | 120 | 114 | 105 | n/a | 94 |
| Average Price | $641,210 | $668,848 | $638,112 | n/a | $648,244 |
| Avg Price Change | -4.31% | +4.82% | n/a | n/a | +0.54% |
| Median Price | $593,972 | $606,556 | $569,539 | n/a | $570,578 |
| Med Price Change | -2.12% | +6.50% | n/a | n/a | +3.32% |
| Avg Bedrooms | 3.55 beds | 3.6 beds | 3.5 beds | n/a | 3.48 beds |
| Avg Bathrooms | 3.38 baths | 3.44 baths | 3.35 baths | n/a | 3.29 baths |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 127 | $667,367 | 118 days |
| Multi-Million Dollar Homes | 10 | $1,905,300 | 146 days |
| Newly Built Homes | 69 | $629,012 | 94 days |
| Homes with a Pool | 14 | $866,881 | 61 days |
| Reduced Price Homes | 2 | $584,500 | 19 days |
