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 HOMES

Average 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