$298,000
- 2 Beds
- 2 Baths
- 1,538 Sq Ft
3800 85th Ave N Unit 316, Brooklyn Park, MN 55443
Jado Hark
Compass
(651) 661-3196
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Why Live in Elk River
Elk River, Minnesota, known as "Energy City," is situated on the outskirts of Minneapolis and boasts a blend of historic charm and modern sustainability. The city is marked by its iconic 1920s-era water tower and has grown significantly over the past 40 years, now home to 26,000 residents. Housing options range from new subdivisions with custom-designed homes to restored early 20th-century farmhouses, with many properties featuring large lots. The city spans nearly 44 square miles, with housing concentrated in the southern half. Independent School District 728 serves over 14,000 students and is highly rated, particularly for its math education. Elk River offers a variety of things to do, including over 40 public parks and walking trails, such as the expansive Woodlands Trails Regional Park, which hosts winter walks and features an archery range and golf club. The Furniture and Things Community Event Center provides indoor ice arenas and turf fields, while Orono Park offers a splash pad and fishing piers. The historic downtown area contrasts with modern shopping plazas like Elk Park Center, featuring big-box retailers and local diners. Community events are frequent, with weekly farmers markets and outdoor concerts in the summer. Elk River is well-connected, with U.S. Highway 169 and the Northstar Commuter Line providing easy access to Minneapolis, 33 miles away. Crime rates have dropped by nearly 20% between 2021 and 2022, with most incidents involving non-violent crimes. The city also utilizes the Neighbors Public Safety Service app to enhance community safety.
Home Trends in Elk River, MN
On average, homes in Elk River, MN sell after 44 days on the market compared to the national average of 53 days. The median sale price for homes in Elk River, MN over the last 12 months is $400,000, up 5% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$400,000
Median Single Family Sale Price
$404,445
Median Townhouse Sale Price
$395,000
Average Price Per Sq Ft
$200
Number of Homes for Sale
136
Last 12 months Home Sales
594
Months of Supply
2.70
Median List Price
$404,950
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
5%
Elk River Types of Homes for Sale
Elk River Homes by Price
Elk River Real Estate Listings
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