Lake Elmo Market Report
$950,248
AVERAGE PRICE OF 90 HOMES$1,459,447
AVERAGE PRICE OF 33 MULTI-MILLION DOLLAR HOMES$1,034,024
AVERAGE PRICE OF 39 NEWLY BUILT HOMES$1,045,319
AVERAGE PRICE OF 26 HOMES WITH A POOL$637,000
AVERAGE PRICE OF 2 REDUCED PRICE HOMESAverage Home
| Average Price | $950,248 |
| Avg Bedrooms | 3.59 beds |
| Avg Bathrooms | 3.33 baths |
Average Price by Bedrooms
| 2 bedrooms | $763,266 |
| 3 bedrooms | $722,657 |
| 4 bedrooms | $906,607 |
| 5 bedrooms | $1,091,493 |
Lake Elmo Home Price Trends
| 3/2025 | 2/2025 | 1/2025 | 12/2024 | 11/2024 | |
|---|---|---|---|---|---|
| Total Listings | 70 | 69 | 66 | 71 | 84 |
| Average Price | $884,617 | $881,931 | $915,027 | $875,468 | $841,465 |
| Avg Price Change | +0.30% | -3.75% | +4.52% | +4.04% | +7.76% |
| Median Price | $834,429 | $789,187 | $762,543 | $732,415 | $710,841 |
| Med Price Change | +5.73% | +3.49% | +4.11% | +3.03% | +6.53% |
| Avg Bedrooms | 3.47 beds | 3.41 beds | 3.37 beds | 3.27 beds | 3.3 beds |
| Avg Bathrooms | 3.14 baths | 3.12 baths | 3.15 baths | 3.08 baths | 3.11 baths |
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 90 | $950,248 | 75 days |
| Multi-Million Dollar Homes | 33 | $1,459,447 | 84 days |
| Newly Built Homes | 39 | $1,034,024 | 66 days |
| Homes with a Pool | 26 | $1,045,319 | 56 days |
| Reduced Price Homes | 2 | $637,000 | 15 days |
