Elko New Market, MN Homes for Sale

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  $599,000 New Construction

  • 3 Beds
  • 2 Baths
  • 1,867 Sq Ft

  9975 Kari Way, Elko New Market, MN 55020

  MODEL FOR SALE! Only 2 other units left. Reggie Award Winning Custom Twin Home by Johnson Reiland Builders and Remodelers designed with age in place living—perfect for those seeking effortless, single-level living. These Twin-homes offer the same level of fit/finish that you will find in Johnson Redland's Luxury Single Family Homes. Nestled in Pete’s Hill, an exclusive community a few minutes

  

  Ryan Johnson

  Pemberton RE

  (651) 432-6822

  9975 Kari Way, Elko New Market, MN 55020
• Explore Elko New Market

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  /31

  $799,000 New Construction

  • 4 Beds
  • 3 Baths
  • 3,217 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
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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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  /16

  $564,930 New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,409 Sq Ft

  27280 Pete's Hill Trail, Elko New Market, MN 55020

  Welcome to your dream home at 27280 Petes Hill Trail, a brand-new construction in the picturesque Elko New Market, MN. This stunning single-family residence boasts four spacious bedrooms, all conveniently located on the same level, each featuring walk-in closets. With 2.5 baths, the primary bathroom offers a luxurious double bowl vanity. Experience modern living with a main floor den, perfect for

  

  Kevin Conoryea

  Fieldstone Real Estate Specialists

  (612) 688-4218

  27280 Pete's Hill Trail, Elko New Market, MN 55020
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  $475,990 New Construction

  • 4 Beds
  • 3.5 Baths
  • 2,402 Sq Ft

  The Finnegan Plan at Highlands at Eagle View, Elko New Market, MN

  Welcome to the Finnegan, a new home plan available at the Highlands of Eagle Creek in Elko New Market, Minnesota. The Finnegan is a very popular raised ranch plan which marries modern with functional. Stepping into the home, you can’t help but admire the vaulted main level ceilings and upgrades in the kitchen such as quartz countertops and tiled backsplash. The kitchen also features a walk-in

  D.R. Horton Builder

  0 Highlands at Eagle View St Unit 37787048, Elko New Market, MN
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  $502,480 New Construction

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

  137 Ridgeview Ln, Elko New Market, MN 55054

  Step onto a spacious walkout homesite and discover a contemporary two-story design where every detail has been thoughtfully considered. The first floor welcomes you with a bright Great Room that flows effortlessly into a cozy nook and a stylish kitchen, complete with sleek stainless steel appliances, a corner pantry and a generous kitchen island—perfect for gathering friends and family. A

  Lennar Builder

  137 Ridgeview Ln, Elko New Market, MN 55054
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  /11

  $474,990 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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  $507,630 New Construction

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

  141 Ridgeview Ln, Elko New Market, MN 55054

  This stunning two-story home features a spacious three-car garage and an open-concept main floor designed for modern living and effortless entertaining. The Great Room, anchored by a cozy gas fireplace, flows seamlessly into the dining area and a chef-inspired kitchen with stainless steel appliances, an oversized island, and quartz countertops—perfect for gatherings of any size. A versatile

  Lennar Builder

  141 Ridgeview Ln, Elko New Market, MN 55054
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  /24

  $479,405 New Construction

  • 4 Beds
  • 2 Baths
  • 2,280 Sq Ft

  142 Ridgeview Ln, 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

  142 Ridgeview Ln, Elko New Market, MN 55054
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  /33

  $488,990 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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  /17

  $512,990 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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  $474,990 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

  $502,990 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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  /13

  $488,990 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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  $456,990 New Construction

  • 4 Beds
  • 3.5 Baths
  • 2,242 Sq Ft

  The Bryant II Plan at Highlands at Eagle View, Elko New Market, MN

  Step inside the Bryant II, a new home plan available at Highlands at Eagle View in Elko New Market, Minnesota. This attractive raised ranch single-family floor plan featuring vaulted main level ceilings, finished lower level and 3-car garage. The main level opens immediately to the expansive kitchen with a deep peninsula seating four comfortably, stainless-steel appliances, quartz countertops,

  D.R. Horton Builder

  0 Highlands at Eagle View St Unit 37787046, Elko New Market, MN
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  /14

  $496,990 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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  $434,990 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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  /16

  $454,990 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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  /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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  /28

  $456,990 New Construction

  • 4 Beds
  • 2 Baths
  • 2,280 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

  $524,693 New Construction

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

  9550 Lydia Ln, Elko New Market, MN 55020

  Step inside this spacious 2,185 square foot home and discover a thoughtfully designed layout perfect for today’s busy lifestyles. The open-concept main floor welcomes you with a great room, dining area and a chef-inspired kitchen featuring sleek quartz countertops, stainless steel Frigidaire Gallery appliances, a gas range and elegant white cabinetry with soft-close doors. Durable Shaw Floorte

  Lennar Builder

  9550 Lydia Ln, Elko New Market, MN 55020
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  /22

  $414,990 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

  $444,990 New Construction

  • 4 Beds
  • 3 Baths
  • 1,988 Sq Ft

  The Rushmore Plan at Highlands at Eagle View, Elko New Market, MN

  Make yourself at home in the Rushmore, a floor plan offered at Highlands of Eagle View in Elko New Market, Minnesota. One of our most loved raised ranch floor plans, the Rushmore has a charming exterior with a modern, open-concept interior floor plan. On the main level, the Rushmore offers vaulted ceilings, a spacious kitchen with a deep peninsula, quartz countertops, tiled kitchen backsplash and

  D.R. Horton Builder

  0 Highlands at Eagle View St Unit 37787041, Elko New Market, MN
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  /21

  $479,990 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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  /68

  $514,620 Open Wed 12PM - 5PM

  • 3 Beds
  • 3 Baths
  • 2,409 Sq Ft

  27270 Pete's Hill Trail, Elko New Market, MN 55020

  All new for 2026 The Virginia IV 3 bed 3 bath rambler style home in Pete's Hill development with LakevilleSouth school District. 3 Car garage. Owners suite and guest bedroom/Bath on Main floor and, Bedroom bath and Family in lower level with daylight windows.Latest colors and energy features why look at existing when this new home saves you money on your energy costs every month. Call

  Alan Youngkrantz Fieldstone Real Estate Specialists

  27270 Pete's Hill Trail, Elko New Market, MN 55020
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  /13

  $424,990 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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  /21

  $552,490 New Construction

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

  9526 Jada Way, 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

  9526 Jada Way, Elko New Market, MN 55020
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  /25

  $465,990 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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  /17

  $455,990 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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  /24

  $524,990 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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  $535,990 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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  /29

  $556,600 New Construction

  • 4 Beds
  • 2 Baths
  • 2,706 Sq Ft

  9561 Lydia Ln, Elko New Market, MN 55020

  With an impressive three-car garage delivering flexible storage and parking, this spacious two-story home welcomes you with open-concept living at its best. As you enter, the flex room is ready to meet your unique needs—whether you imagine a home office, creative studio or an inviting den. The great room flows effortlessly into the chef-ready kitchen, where stainless steel appliances, a generous

  Lennar Builder

  9561 Lydia Ln, Elko New Market, MN 55020
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  /15

  $472,990 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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  /25

  $500,990 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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  /29

  $487,000

  • 4 Beds
  • 2.5 Baths
  • 2,526 Sq Ft

  429 James Pkwy, Elko New Market, MN 55054

  Discover the expansive Richmond floor plan, thoughtfully designed to accommodate every family member. There are 4-bedrooms, 3-bathrooms, and a 3-car garage, this home offers 2,526 finished square feet of comfortable living. The heart of the home features a seamless flow between the kitchen, dining area, and family room creating a bright, open space perfect for gathering and entertaining. The

  Lynn Lake M/I Homes

  429 James Pkwy, Elko New Market, MN 55054
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  /35

  $479,900

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

  27671 Oxford Ln, Elko New Market, MN 55020

  $2000 BUYER CREDIT PAID AT CLOSING! This beautifully finished, QUALITY built, move-in ready home feels like new construction without the wait. Built by Lakes Homes Inc, it sits in a prime location near I-35 and Boulder Pointe Golf Club and only forty minutes to MSP airport. The kitchen is a highlight with custom cabinetry, granite counters, stainless appliances, and a walk-in pantry. You simply

  Andrea Jensen Edina Realty, Inc.

  27671 Oxford Ln, Elko New Market, MN 55020
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  /10

  $544,990 New Construction

  • 5 Beds
  • 2.5 Baths
  • 2,788 Sq Ft

  417 James Pkwy, Elko New Market, MN 55054

  Discover this stunning new construction home at 417 James Parkway in Elko New Market, built by M/I Homes. This thoughtfully designed 2,788 square foot home features 5 bedrooms and 2.5 bathrooms, with the owner's bedroom conveniently located on the upper level. Key Features: Flex room Morning room addition Electric fireplace Loft Walk-in closet in each bedroom The home showcases an open-concept

  M/I Homes Builder

  417 James Pkwy, Elko New Market, MN 55054
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  /26

  $552,490 New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,271 Sq Ft

  9526 Jada Way, Webster, MN 55088

  The home is currently under construction and is expected to be completed in April. This contemporary two-story home offers a spacious three-car garage and is perfectly positioned on a generously sized walkout homesite, featuring an unfinished lower level ready for future expansion. The main floor is designed for modern living, with an open-concept Great Room showcasing a sleek electric fireplace

  Kaylee Schultz Lennar Sales Corp

  9526 Jada Way, Webster, MN 55088
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  /16

  $497,000

  • 4 Beds
  • 2.5 Baths
  • 2,682 Sq Ft

  433 James Pkwy, Elko New Market, MN 55054

  The Waterbury plan stands out as a highlight in our newest collection. Its modern layout and stylish details create a warm, inviting place to call home, offering 4 bedrooms, 3 bathrooms, and a spacious 3 car garage. The main living area features an open design where the kitchen, dining room, and family room flow together effortlessly. The kitchen showcases contemporary finishes, including a

  Lynn Lake M/I Homes

  433 James Pkwy, Elko New Market, MN 55054
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  /18

  $549,000

  • 5 Beds
  • 3.5 Baths
  • 3,577 Sq Ft

  1405 Overlook Ct, Elko New Market, MN 55054

  Unbeatable Value in Elko New Market — More Space, More Flexibility, More for Your Money.5 bedrooms + dedicated office offer flexibility for today’s lifestyles — work-from-home, guests, hobbies, or growing needs — all at a price point where most homes offer less. This well-maintained home is nestled on a quiet culdesac. The main level includes a bright office with abundant natural light,

  Amanda Anderson RE/MAX Advantage Plus

  1405 Overlook Ct, Elko New Market, MN 55054

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 $481,596.

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

130 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, 55088, 55044 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 6.11%, your estimated principal and interest payment would be $2,330 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $100K 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 Middle 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 $469,450, up 9% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$469,450

Median Single Family Sale Price

$479,405

Median Townhouse Sale Price

$298,499

Average Price Per Sq Ft

$205

Number of Homes for Sale

91

Last 12 months Home Sales

130

Months of Supply

8.40

Median List Price

$479,900

Median Change From 1st List Price

0%

Median Home Sale Price YoY Change

9%