$90,000
- 3 Beds
- 2 Baths
408 Romeo Dr Unit 287, Lakeville, MN 55044
Tori Coil Ardmor Village
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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.
Home Trends in Elko New Market, MN
On average, homes in Elko New Market, MN sell after 43 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 8% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$460,000
Median Single Family Sale Price
$487,245
Median Townhouse Sale Price
$299,999
Average Price Per Sq Ft
$202
Number of Homes for Sale
82
Last 12 months Home Sales
121
Months of Supply
8.10
Median List Price
$484,960
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
8%
Elko New Market Types of Homes for Sale
Elko New Market Homes by Price
Elko New Market Real Estate Listings
More About Living in Elko New Market
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Homes in Nearby Counties
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