Elko New Market, MN Homes for Sale

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  /31

  $699,900 New Construction

  • 2 Beds
  • 2 Baths
  • 1,848 Sq Ft

  27120 Petes Hill Trail, Elko New Market, MN 55020

  This Johnson Reiland Custom Home in Pete’s Hill blends luxury with low-maintenance living at one of Scott County’s highest elevations. Enjoy sweeping views from the vaulted great room, four-season porch. Add your own style and personal touch with the unfinished walkout basement with 10-foot poured walls. Designed for comfort and accessibility, it features a zero-entry layout, 8-foot interior

  

  Ryan Johnson

  Pemberton RE

  (612) 324-7948

  27120 Petes Hill Trail, Elko New Market, MN 55020
• Explore Elko New Market

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  /59

  $774,900 New Construction

  • 4 Beds
  • 3 Baths
  • 3,217 Sq Ft

  27130 Petes Hill Trail, Elko New Market, MN 55020

  This Johnson Reiland Custom Home in Pete’s Hill blends luxury with low-maintenance living at one of Scott County’s highest elevations. Enjoy sweeping views from the vaulted great room, four-season porch. and walkout basement with 10-foot poured walls. Designed for comfort and accessibility, it features a zero-entry layout, 8-foot interior doors, and main-level living. Highlights include a custom

  

  Ryan Johnson

  Pemberton RE

  (612) 482-6522

  27130 Petes Hill Trail, Elko New Market, MN 55020
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  /15

  $482,990 New Construction

  • 3 Beds
  • 2 Baths
  • 1,892 Sq Ft

  Willow II Plan at Parkway Meadows - Hans Hagen Villa Series, New Market, MN 55054

  Experience main-level living with the Willow, part of our Hans Hagen Villa Collection. As with our other villas, all of your lawn care and snow removal will be taken care of! If you enjoy covered outdoor space, this floorplan features an extended roof in the back of the home, designed to offer the perfect covered outdoor space for a future patio.

  M/I Homes Builder

  0 James Pkwy Unit 37704094, New Market, MN 55054
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  /33

  $485,990 New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,693 Sq Ft

  Lewis Plan at Ridgeview Heights, Elko New Market, MN 55054

  This spacious two-story home features an open-concept layout with the kitchen overlooking the dining room and Great Room. The first-floor flex space offers endless possibilities. On the second floor are the luxe owner's suite and three secondary bedrooms — all with walk-in closets — while a central loft offers versatility.

  Lennar Builder

  178 Ridgeview Ln Unit 36037094, Elko New Market, MN 55054
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  /26

  $471,990 New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,186 Sq Ft

  Bristol Plan at Ridgeview Heights, Elko New Market, MN 55054

  This new two-story home is a family-friendly haven that offers an open-plan layout among the great room, dining room, and kitchen. The first-floor flex room adds additional living space that could be used as a home office. On the second floor are three secondary bedrooms and a generously sized owners suite.

  Lennar Builder

  178 Ridgeview Ln Unit 36037096, Elko New Market, MN 55054
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  /24

  $495,990 New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,272 Sq Ft

  Vanderbilt Plan at Boulder Heights, Elko New Market, MN 55020

  This new two-story home features a contemporary design. The first floor showcases a Great Room flowing seamlessly into a nook and kitchen with a corner pantry, while flex space offers versatility. Upstairs are three secondary bedrooms, a luxe owner’s suite and a laundry room.

  Lennar Builder

  9581 Lydia Ln Unit 36037098, Elko New Market, MN 55020
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  /24

  $431,990 New Construction

  • 3 Beds
  • 2 Baths
  • 1,582 Sq Ft

  Courtland Plan at Ridgeview Heights, Elko New Market, MN 55054

  This new two-story home showcases a modern design with an optional lower-level for improved versatility. On the main-level Great Room and dining room are beautiful vaulted ceilings, which is complemented by a kitchen with a center island and a flex space that offers endless possibilities. The luxe owner’s suite and two secondary bedrooms are located on the uppermost level, while a fourth bedroom

  Lennar Builder

  178 Ridgeview Ln Unit 36037090, Elko New Market, MN 55054
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  /28

  $453,990 New Construction

  • 4 Beds
  • 2 Baths
  • 2,987 Sq Ft

  Courtland II Plan at Ridgeview Heights, Elko New Market, MN 55054

  This new two-story home showcases a modern design with a finished lower-level, featuring a recreation room and bedroom with the option to include a full bathroom. On the main-level Great Room and dining room are beautiful vaulted ceilings, which is complemented by a kitchen with a center island and a flex space that offers endless possibilities. The luxe owner’s suite and two secondary bedrooms

  Lennar Builder

  178 Ridgeview Ln Unit 36037091, Elko New Market, MN 55054
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  /22

  $411,990 New Construction

  • 3 Beds
  • 2 Baths
  • 1,273 Sq Ft

  Walker Plan at Ridgeview Heights, Elko New Market, MN 55054

  This new split-level home delivers low-maintenance living without giving up modern comfort. Beyond the foyer is a spacious living room for shared entertainment space, which connects to a fully equipped kitchen and a dining area with outdoor access. On the opposite side of the layout are two secondary bedrooms, a convenient full-sized bathroom and a tranquil owner’s suite, complete with an

  Lennar Builder

  178 Ridgeview Ln Unit 36037092, Elko New Market, MN 55054
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  /21

  $476,990 New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,440 Sq Ft

  Springfield Plan at Ridgeview Heights, Elko New Market, MN 55054

  This new two-story home features an elegant double-height foyer leading to a formal dining room and a modern open design among the Great Room, breakfast nook and kitchen. Upstairs are three secondary bedrooms and a lavish owner’s suite.

  Lennar Builder

  178 Ridgeview Ln Unit 36037095, Elko New Market, MN 55054
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  /25

  $462,990 New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,272 Sq Ft

  Vanderbilt Plan at Ridgeview Heights, Elko New Market, MN 55054

  This new two-story home features a contemporary design. The first floor showcases a Great Room flowing seamlessly into a nook and kitchen with a corner pantry, while flex space offers versatility. Upstairs are three secondary bedrooms, a luxe owner’s suite and a laundry room.

  Lennar Builder

  178 Ridgeview Ln Unit 36037093, Elko New Market, MN 55054
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  /24

  $517,990 New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,440 Sq Ft

  Springfield Plan at Boulder Heights, Elko New Market, MN 55020

  This new two-story home features an elegant double-height foyer leading to a formal dining room and a modern open design among the Great Room, breakfast room and kitchen for seamless everyday living. At the front, a three-car garage offers ample storage space and is adjacent to a convenient mudroom. Upstairs are three secondary bedrooms to provide a restful retreat and a lavish owner’s suite with

  Lennar Builder

  9581 Lydia Ln Unit 36037100, Elko New Market, MN 55020
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  /32

  $528,990 New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,692 Sq Ft

  Lewis Plan at Boulder Heights, Elko New Market, MN 55020

  This spacious two-story home features an open-concept layout with the kitchen overlooking the dining room and Great Room. The first-floor flex space offers endless possibilities. On the second floor are the luxe owner's suite and three secondary bedrooms — all with walk-in closets — while a central loft offers versatility.

  Lennar Builder

  9581 Lydia Ln Unit 36037099, Elko New Market, MN 55020
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  /25

  $493,990 New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,186 Sq Ft

  Bristol Plan at Boulder Heights, Elko New Market, MN 55020

  This new two-story home is a family-friendly haven that offers an open-plan layout among the great room, dining room, and kitchen. The first-floor flex room adds additional living space that could be used as a home office. On the second floor are three secondary bedrooms and a generously sized owners suite.

  Lennar Builder

  9581 Lydia Ln Unit 36037101, Elko New Market, MN 55020
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  $540,400 New Construction

  • 2 Beds
  • 2 Baths
  • 1,890 Sq Ft

  405 James Pkwy, Elko New Market, MN 55054

  Discover this brand-new 2-bedroom, 2-bathroom home located at 405 James Parkway in Elko New Market, Minnesota. This thoughtfully designed 1,890 square foot home showcases quality craftsmanship and contemporary living features. Key Features: 3-car garage Den Morning room addition Patio Electric fireplace The home's floorplan emphasizes flow and functionality, creating inviting spaces for both

  M/I Homes Builder

  405 James Pkwy, Elko New Market, MN 55054
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  /46

  $429,650 New Construction

  • 4 Beds
  • 3.5 Baths
  • 2,477 Sq Ft

  1121 Seurer St, Elko New Market, MN 55054

  Fieldstone Family Homes, Inc Builder

  1121 Seurer St, Elko New Market, MN 55054
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  /54

  $359,900

  • 3 Beds
  • 2 Baths
  • 1,744 Sq Ft

  11550 Deuce Rd, Elko New Market, MN 55020

  Affordable country living! Impeccably well kept rambler. Pride of ownership is evident in and around this home. Lots of updates, move in condition. Great access to 35W or Dodd or Cedar Avenues. Private yard, great for entertaining. Oversized garage plus separate storage shed for the toys. Lakeville schools. Be the first to see this great home!

  Jim Emond Re/Max Advantage Plus

  11550 Deuce Rd, Elko New Market, MN 55020
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  /21

  $489,960 New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,272 Sq Ft

  9571 Lydia Ln, Elko New Market, MN 55020

  This contemporary two-story home boasts a spacious three-car garage and sits on a generously sized homesite. The first floor is designed for modern living with a Great Room that flows seamlessly into a kitchen featuring a kitchen island and corner pantry, as well as a flex room perfect for various uses and a cozy fireplace. Upstairs, you'll find three secondary bedrooms, a luxe owner's suite, and

  Lennar Builder

  9571 Lydia Ln, Elko New Market, MN 55020
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  /24

  $446,255 New Construction

  • 4 Beds
  • 2 Baths
  • 2,987 Sq Ft

  158 Ridgeview Ln, Elko New Market, MN 55054

  This stunning home boasts a spacious three-car garage and sits on a generous homesite. As you enter, you'll be greeted by the main-level Great Room and dining room, featuring beautiful vaulted ceilings that create a sense of openness and grandeur. The kitchen is a true heart of the home, complete with a center island and a flex space that offers endless possibilities. Additional highlights

  Lennar Builder

  158 Ridgeview Ln, Elko New Market, MN 55054
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  /21

  $532,355 New Construction

  • 4 Beds
  • 2 Baths
  • 2,186 Sq Ft

  9570 Lydia Ln, Elko New Market, MN 55020

  This new two-story home boasts a three-car garage and an open-plan layout among the great room, dining room, and kitchen, complete with stainless steel appliances and a kitchen island. The first-floor flex room adds additional living space, perfect for a home office. Upstairs, discover three secondary bedrooms and a generously sized owner's suite. A walkout basement expands possibilities, making

  Lennar Builder

  9570 Lydia Ln, Elko New Market, MN 55020
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  /40

  $580,505 New Construction

  • 2 Beds
  • 2.5 Baths
  • 2,351 Sq Ft

  401 James Pkwy, Elko New Market, MN 55054

  Step into the beautifully designed Aspen model home, located at 401 James Parkway in Elko New Market. Built by M/I Homes, this stunning ranch-style model showcases 2,351 square feet of thoughtfully planned living space that perfectly blends comfort, function, and style. The open-concept layout connects the kitchen, dining area, and family room, creating an inviting space for everyday living and

  M/I Homes Builder

  401 James Pkwy, Elko New Market, MN 55054
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  /14

  $506,990 New Construction

  • 3 Beds
  • 2.5 Baths
  • 2,441+ Sq Ft

  Elmwood IV Plan at Parkway Meadows - Hans Hagen Villa Series, New Market, MN 55054

  As you pull up to this lovely one-and-a-half-story home, you’ll be impressed with its lovely craftsman-style exterior and gorgeous stone accents on the front elevation. At 2,436 square feet, the Elmwood IV includes a main-floor owner’s suite and two-and-a-half bathrooms. For additional family gathering space, this floorplan features a spacious loft nestled between two bedrooms on the upper level.

  M/I Homes Builder

  0 James Pkwy Unit 37704099, New Market, MN 55054
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  /17

  $522,990 New Construction

  • 3 - 4 Beds
  • 2.5 - 3.5 Baths
  • 2,604+ Sq Ft

  Magnolia Plan at Parkway Meadows - Hans Hagen Villa Series, New Market, MN 55054

  If you’re looking for convenient, main-level living combined with the privacy of upper-level secondary bedrooms, the Magnolia is the home for you! Featuring 2,604 square feet, this spacious, open-concept floorplan has so many things to boast about. Furthermore, the Magnolia features various elevations to choose from, with each showcasing a unique exterior. Whether you like the farmhouse,

  M/I Homes Builder

  0 James Pkwy Unit 37704088, New Market, MN 55054
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  /13

  $498,990 New Construction

  • 2 - 3 Beds
  • 2 - 3 Baths
  • 2,351+ Sq Ft

  Aspen Plan at Parkway Meadows - Hans Hagen Villa Series, New Market, MN 55054

  We’re thrilled to show you around the Aspen, a 2–3-bedroom floorplan with a den, 2–3 bathrooms, 2,344 square feet, and charming design features throughout! Discover all the details today, then contact our team for your personal appointment.

  M/I Homes Builder

  0 James Pkwy Unit 37704089, New Market, MN 55054
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  /16

  $464,990 New Construction

  • 2 Beds
  • 2 Baths
  • 1,734+ Sq Ft

  Cedarwood Plan at Parkway Meadows - Hans Hagen Villa Series, New Market, MN 55054

  If you're looking for single-level living, the Cedarwood is the perfect floorplan for you! This beautiful home from the Hans Hagen Villa Collection includes two spacious bedrooms, two full bathrooms, and a den. Plus, you'll be able to leave the yard work behind and enjoy a lock-and-leave lifestyle in this association-maintained community. Call today to learn more about building the Cedarwood plan!

  M/I Homes Builder

  0 James Pkwy Unit 37704096, New Market, MN 55054
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  /13

  $434,990 New Construction

  • 2 Beds
  • 2 Baths
  • 1,451+ Sq Ft

  Birch Plan at Parkway Meadows - Hans Hagen Villa Series, New Market, MN 55054

  Welcome home to the Birch, an impressive 2-bed, 2-bath, 1,451–1,591 square foot floorplan boasting high-quality craftsmanship and striking design features throughout!

  M/I Homes Builder

  0 James Pkwy Unit 37704090, New Market, MN 55054
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  /17

  $465,990 New Construction

  • 3 Beds
  • 2 Baths
  • 1,742+ Sq Ft

  Cedarwood II Plan at Parkway Meadows - Hans Hagen Villa Series, New Market, MN 55054

  Come and see what single-level living is all about! Step inside this Cedarwood II and be instantly greeted with a large open foyer with double doors leading to the den, which features decorative soffits and an optional window seat. Complete with two bedrooms and two bathrooms, this 1,743 square foot home offers plenty of space and even more options to personalize this home to suit your needs.

  M/I Homes Builder

  0 James Pkwy Unit 37704091, New Market, MN 55054
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  /48

  $534,900

  • 4 Beds
  • 2.5 Baths
  • 3,126 Sq Ft

  100 James Pkwy, Elko New Market, MN 55054

  Beautiful and peaceful two-story walkout home on a large corner lot that backs up to open farmland, offering exceptional privacy and the feel of country living with the convenience of being in town. This well-maintained property features a large custom stone patio, perfect for entertaining or relaxing outdoors. Inside, abundant natural light fills every room through stunning windows. The

  Curtis Lambrecht South Metro Realty

  100 James Pkwy, Elko New Market, MN 55054
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  /24

  $524,999 Open Sun 2PM - 3:30PM

  • 5 Beds
  • 2 Baths
  • 2,518 Sq Ft

  4245 Plum Creek Rd, Elko New Market, MN 55020

  Welcome home to this beautifully updated 5 BR 2Bath country property set on 2.63 acres of tranquil countryside and room to roam. Built in 1978 this spacious home has been thoughtfully updated and loved over the past 30+ years. The main level features a bright and spacious living room with large windows that fill the home with natural light. The kitchen shines with stainless steel appliances new

  Carol Lambrecht Keller Williams Preferred Rlty

  4245 Plum Creek Rd, Elko New Market, MN 55020
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  /35

  $495,000

  • 5 Beds
  • 3 Baths
  • 2,204 Sq Ft

  27671 Oxford Ln, Elko New Market, MN 55020

  Move right into this beautiful 5 bedroom, 3 bath home. With its like-new feel, it features a vaulted main level with open kitchen, dining, and living spaces. The kitchen stands out with custom cabinetry, granite counters, stainless steel appliances, and a walk-in pantry. The primary suite includes a walk-in closet and private 3⁄4 bath, with bedrooms two and three also on the main level. The

  Andrea Jensen Edina Realty, Inc.

  27671 Oxford Ln, Elko New Market, MN 55020
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  /62

  $525,000

  • 5 Beds
  • 3.5 Baths
  • 3,457 Sq Ft

  10300 Oakhill Ct, Elko New Market, MN 55020

  Welcome to 10300 Oakhill Court in beautiful Elko! This stunning two-story home blends thoughtful design, comfort, and convenience in one perfect package. Ideally situated across from a neighborhood park with a playground, basketball court, and a seasonal ice rink, this home is made for both relaxation and recreation. Step inside to an inviting open-concept main level that’s perfect for everyday

  Brian Durham LPT Realty, LLC

  10300 Oakhill Ct, Elko New Market, MN 55020
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  /10

  $549,990

  • 4 Beds
  • 3 Baths
  • 2,975 Sq Ft

  27241 Pete's Hill Trail, Elko New Market, MN 55020

  Discover modern elegance in this newly constructed home, offering the perfect blend of style and convenience for the discerning buyer. Boasting four well-appointed bedrooms and three luxurious bathrooms, this residence caters to your desire for space and comfort. The coveted Lakeville school district adds to the appeal for families prioritizing education.The thoughtful layout features

  Kevin Conoryea Fieldstone Real Estate Specialists

  27241 Pete's Hill Trail, Elko New Market, MN 55020
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  /27

  $519,000

  • 4 Beds
  • 2.5 Baths
  • 3,192 Sq Ft

  446 Knights Rd, Elko New Market, MN 55054

  This spacious, move-in-ready, 4-bedroom, 3-bath home with a walkout basement welcomes you with abundant natural light the second you walk in the door, boasting beautiful hardwood floors and ten-foot ceilings. The open-concept layout is perfect for entertaining or large family gatherings, complete with beautiful Cambria quartz countertops and backsplash in the kitchen, high-end Kitchen Aid

  John Bjork HomeAvenue Inc

  446 Knights Rd, Elko New Market, MN 55054
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  /36

  $499,900 New Construction

  • 3 Beds
  • 2 Baths
  • 1,484 Sq Ft

  26321 Preserve Dr, Elko, MN 55020

  Welcome to The Preserve in Elko New Market. This brand-new construction home is a split level with an unfinished walkout lower level ready to customize with endless possibilities for a personalized family space or entertainment area. This home has vinyl shake siding, front stone, 3-car garage, concrete drive, vaulted ceilings in dining/living room, primary bedroom, 2 bedrooms upper-level, 1

  Valerie Kehrer Prandium Group Real Estate

  26321 Preserve Dr, Elko, MN 55020
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  /19

  $495,990 New Construction

  • 3 Beds
  • 2 Baths
  • 1,892 Sq Ft

  508 James Pkwy, Elko New Market, MN 55054

  Stunning slab Villa offers true one level living! 3 Spacious bedrooms including a stunning primary suite with spa-like bath and walk-in closet. The sundrenched living/dining/kitchen/family room is bright, open & perfect entertaining space! Enjoy beautiful summer days or relax to the rumblings of a storm from your covered patio. Bring the toys... at nearly 4 car size, this garage is perfect for

  Walter Altenbach M/I Homes

  508 James Pkwy, Elko New Market, MN 55054
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  /6

  $249,900

  • Land
  • 14.74 Acres
  • $16,954 per Acre

  TBD 250th St E, Elko, MN 55020

  Rare opportunity in the New Prague School District. This 15-acre buildable lot offers long country views and is open to all builders or you can use ours. Great setting to build your dream home and enjoy peaceful country living!

  Thomas Anderson RE/MAX Preferred

  TBD 250th St E, Elko, MN 55020
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  /91

  $750,000

  • 4 Beds
  • 3.5 Baths
  • 2,553 Sq Ft

  27190 Dupont Ave, Elko New Market, MN 55020

  Welcome to your own slice of country paradise! This beautifully maintained 8.3-acre property offers the perfect blend of peaceful rural living and modern comfort. The spacious four-bedroom, four-bathroom home features inviting living spaces, two cozy fireplaces, and large windows that bring the outdoors in. Step outside and discover an entertainer’s dream with multiple patio areas, a hot tub, and

  Christian Peterson Lakes Sotheby's International

  27190 Dupont Ave, Elko New Market, MN 55020
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  /48

  $640,000

  • 5 Beds
  • 3.5 Baths
  • 4,190 Sq Ft

  27155 Hickory Ridge Dr, Elko New Market, MN 55020

  Discover this exceptional two story home, perfectly situated on a quiet cul-de-sac along the 18th fairway of Boulder Pointe Golf Course. Step into the spacious and inviting living room, featuring custom-built cabinetry, a cozy gas fireplace, and expansive windows that fill the space with natural light. The kitchen showcases granite countertops, a subway tile backsplash, and stainless steel

  Ryan Rischmiller Coldwell Banker Realty

  27155 Hickory Ridge Dr, Elko New Market, MN 55020
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  /44

  $369,000 Open Sun 11:30AM - 1PM

  • 2 Beds
  • 1.5 Baths
  • 1,260 Sq Ft

  100 Park St, Elko New Market, MN 55054

  Beautiful Walkout Rambler with Main-Level Living! From the moment you step onto the welcoming front porch, you’ll see how well this one-owner, custom-built home has been cared for. The main level features fresh paint, new carpet and flooring throughout, offering a fresh, move-in-ready feel. The spacious kitchen includes a center island, abundant cabinet and counter space, and a nice informal

  Wendy Dorn Edina Realty, Inc.

  100 Park St, Elko New Market, MN 55054
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  /29

  $479,900

  • 4 Beds
  • 2.5 Baths
  • 2,351 Sq Ft

  26681 Oakridge Way, Elko New Market, MN 55020

  This beautifully updated home combines space, style, and comfort in one of Elko New Market's most sought-after neighborhoods. The main level features 9-foot ceilings and a thoughtful layout that includes a spacious living room, formal dining room, a bright kitchen with an informal dining area, a cozy family room, and an oversized laundry room with abundant storage. Modern flooring flows

  Todd Priebe Re/Max Advantage Plus

  26681 Oakridge Way, Elko New Market, MN 55020

Showing Results 1 - 40, Page 1 of 3

Why Live in Elko New Market

Elko New Market, MN, formed from the merger of Elko and New Market in 2007, is a growing exurb with new subdivisions and highly rated schools. The area features New Traditional homes with farmhouse or Craftsman designs, often situated on well-maintained lawns. Larger homes are prevalent in these subdivisions, while smaller, older houses are found near the downtown areas of Elko and New Market. The community is served by Lakeville Area Schools and New Prague Area Schools, both of which are highly rated. Recreational attractions include Wagner Park, which offers baseball diamonds, a playground, and an outdoor hockey rink that converts to basketball and pickleball courts in warmer months. Fredrickson Field hosts the Elko Express amateur baseball club, and Boulder Pointe Golf Club provides an 18-hole course with practice facilities. The area’s dining options are concentrated in the older downtowns, with bars and restaurants in both Elko and New Market. Shopping centers and grocery stores are located in Lakeville, about 10 miles away. Elko Speedway is a major attraction, hosting races and a drive-in theater during the summer. Interstate 35 facilitates commutes to the Twin Cities, approximately 30 miles away, with a Park and Ride option available for easier access to downtown Minneapolis.

Learn more about living in Elko New Market

Frequently Asked Questions

What is the average home price in Elko New Market, MN?

Homes for sale in Elko New Market, MN have an average home price of $476,752.

How many homes have sold over the last 12 months in Elko New Market, MN?

123 homes have sold in Elko New Market, MN over the last 12 months.

What are the most popular zip codes in Elko New Market, MN?

The most popular zip codes in Elko New Market, MN include 55020, 55054, 55044, 55088 and 55057.

How much do you need to make to afford a house in Elko New Market?

The median home price in Elko New Market is $479,900. If you put a 20% down payment of $96,000 and had a 30-year fixed mortgage with an interest rate of 6.24%, your estimated principal and interest payment would be $2,360 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $101K a year to afford the median home price in Elko New Market. Learn how much home you can afford with our Home Affordability Calculator.

How are the schools in Elko New Market, MN?

Elko New Market, MN has highly rated public and private schools. Some of the best schools in Elko New Market based on Niche Grades are Lakeville South High School, John F. Kennedy Elementary School and New Prague Senior High School. Browse all the schools in Elko New Market, MN to learn more.

Home Trends in Elko New Market, MN

On average, homes in Elko New Market, MN sell after 44 days on the market compared to the national average of 53 days. The median sale price for homes in Elko New Market, MN over the last 12 months is $460,000, up 7% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$460,000

Median Single Family Sale Price

$484,802

Median Townhouse Sale Price

$299,999

Average Price Per Sq Ft

$203

Number of Homes for Sale

81

Last 12 months Home Sales

123

Months of Supply

7.90

Median List Price

$479,900

Median Change From 1st List Price

0%

Median Home Sale Price YoY Change

7%