29

Elko New Market, MN Homes for Sale under $500,000

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  • 0 James Pkwy Unit 37704090, New Market, MN 55054
    0 James Pkwy Unit 37704090, New Market, MN 55054
    0 James Pkwy Unit 37704090, New Market, MN 55054
    /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!

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    M/I Homes

    Builder

    0 James Pkwy Unit 37704090, New Market, MN 55054
  • 178 Ridgeview Ln Unit 36037096, Elko New Market, MN 55054
    178 Ridgeview Ln Unit 36037096, Elko New Market, MN 55054
    178 Ridgeview Ln Unit 36037096, Elko New Market, MN 55054
    /30

    $469,990 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.

    Builder Photo

    Lennar

    Builder

    178 Ridgeview Ln Unit 36037096, Elko New Market, MN 55054
  • 178 Ridgeview Ln Unit 36037093, Elko New Market, MN 55054
    178 Ridgeview Ln Unit 36037093, Elko New Market, MN 55054
    178 Ridgeview Ln Unit 36037093, Elko New Market, MN 55054
    /25

    $460,990 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.

    Builder Photo

    Lennar

    Builder

    178 Ridgeview Ln Unit 36037093, Elko New Market, MN 55054
  • 178 Ridgeview Ln Unit 36037092, Elko New Market, MN 55054
    178 Ridgeview Ln Unit 36037092, Elko New Market, MN 55054
    178 Ridgeview Ln Unit 36037092, Elko New Market, MN 55054
    /22

    $409,990 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

    Builder Photo

    Lennar

    Builder

    178 Ridgeview Ln Unit 36037092, Elko New Market, MN 55054
  • 178 Ridgeview Ln Unit 36037091, Elko New Market, MN 55054
    178 Ridgeview Ln Unit 36037091, Elko New Market, MN 55054
    178 Ridgeview Ln Unit 36037091, Elko New Market, MN 55054
    /57

    $451,990 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

    Builder Photo

    Lennar

    Builder

    178 Ridgeview Ln Unit 36037091, Elko New Market, MN 55054
  • 178 Ridgeview Ln Unit 36037095, Elko New Market, MN 55054
    178 Ridgeview Ln Unit 36037095, Elko New Market, MN 55054
    178 Ridgeview Ln Unit 36037095, Elko New Market, MN 55054
    /25

    $474,990 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.

    Builder Photo

    Lennar

    Builder

    178 Ridgeview Ln Unit 36037095, Elko New Market, MN 55054
  • 178 Ridgeview Ln Unit 36037090, Elko New Market, MN 55054
    178 Ridgeview Ln Unit 36037090, Elko New Market, MN 55054
    178 Ridgeview Ln Unit 36037090, Elko New Market, MN 55054
    /53

    $429,990 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

    Builder Photo

    Lennar

    Builder

    178 Ridgeview Ln Unit 36037090, Elko New Market, MN 55054
  • 178 Ridgeview Ln Unit 36037094, Elko New Market, MN 55054
    178 Ridgeview Ln Unit 36037094, Elko New Market, MN 55054
    178 Ridgeview Ln Unit 36037094, Elko New Market, MN 55054
    /33

    $483,990 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.

    Builder Photo

    Lennar

    Builder

    178 Ridgeview Ln Unit 36037094, Elko New Market, MN 55054
  • 1121 Seurer St, Elko New Market, MN 55054
    1121 Seurer St, Elko New Market, MN 55054
    1121 Seurer St, Elko New Market, MN 55054
    /46

    $429,650 Open Thu 12PM - 5PM

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

    1121 Seurer St, Elko New Market, MN 55054

    One Level living with Basements, detached and open bright floorplans with great kitchen and working pantry main floor Features laundry with owners suite along with guest bedroom or office Lower level features 3rd and 4th bedroom 3/4 Bath with 5' shower with seat, Large Family and storage rooms room makes this lower level perfect for guests. Great for entertaining. Maintenance free living

    Alan Youngkrantz Fieldstone Real Estate Specialists

    1121 Seurer St, Elko New Market, MN 55054
  • 9571 Lydia Ln, Elko New Market, MN 55020
    9571 Lydia Ln, Elko New Market, MN 55020
    9571 Lydia Ln, Elko New Market, MN 55020
    /21

    $496,230 New Construction

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

    9571 Lydia Ln, 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.

    Builder Photo

    Lennar

    Builder

    9571 Lydia Ln, Elko New Market, MN 55020
  • 137 Ridgeview Ln, Elko New Market, MN 55054
    137 Ridgeview Ln, Elko New Market, MN 55054
    137 Ridgeview Ln, Elko New Market, MN 55054
    /21

    $497,480 New Construction

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

    137 Ridgeview Ln, 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.

    Builder Photo

    Lennar

    Builder

    137 Ridgeview Ln, Elko New Market, MN 55054
  • 153 Ridgeview Ln, Elko New Market, MN 55054
    153 Ridgeview Ln, Elko New Market, MN 55054
    153 Ridgeview Ln, Elko New Market, MN 55054
    /21

    $458,135 New Construction

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

    153 Ridgeview Ln, 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.

    Builder Photo

    Lennar

    Builder

    153 Ridgeview Ln, Elko New Market, MN 55054
  • 0 James Pkwy Unit 37704096, New Market, MN 55054
    0 James Pkwy Unit 37704096, New Market, MN 55054
    0 James Pkwy Unit 37704096, New Market, MN 55054
    /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!

    Builder Photo

    M/I Homes

    Builder

    0 James Pkwy Unit 37704096, New Market, MN 55054
  • 0 James Pkwy Unit 37704094, New Market, MN 55054
    0 James Pkwy Unit 37704094, New Market, MN 55054
    0 James Pkwy Unit 37704094, New Market, MN 55054
    /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.

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    M/I Homes

    Builder

    0 James Pkwy Unit 37704094, New Market, MN 55054
  • 0 James Pkwy Unit 37704091, New Market, MN 55054
    0 James Pkwy Unit 37704091, New Market, MN 55054
    0 James Pkwy Unit 37704091, New Market, MN 55054
    /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.

    Builder Photo

    M/I Homes

    Builder

    0 James Pkwy Unit 37704091, New Market, MN 55054
  • 0 James Pkwy Unit 37704089, New Market, MN 55054
    0 James Pkwy Unit 37704089, New Market, MN 55054
    0 James Pkwy Unit 37704089, New Market, MN 55054
    /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.

    Builder Photo

    M/I Homes

    Builder

    0 James Pkwy Unit 37704089, New Market, MN 55054
  • 604 James Pkwy, Elko New Market, MN 55054
    604 James Pkwy, Elko New Market, MN 55054
    604 James Pkwy, Elko New Market, MN 55054
    /3

    $480,990

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

    604 James Pkwy, Elko New Market, MN 55054

    Association maintained villa. Enjoy having the association maintain your lawn and remove all the snow! Giving you more time to enjoy your new home. This is our fabulous Cedarwood II plan. One level home featuring 3 bedrooms, family room, kitchen, and dining area. Kitchen highlights are the large center island, walk-in pantry, and stainless steel appliances. Completing the kitchen look will be the

    Walter Altenbach M/I Homes

    604 James Pkwy, Elko New Market, MN 55054
  • 213 Maverick Ave, Elko New Market, MN 55054
    213 Maverick Ave, Elko New Market, MN 55054
    213 Maverick Ave, Elko New Market, MN 55054
    /33

    $475,000 Open Thu 5PM - 7PM

    • 4 Beds
    • 3.5 Baths
    • 2,620 Sq Ft

    213 Maverick Ave, Elko New Market, MN 55054

    Step inside this beautifully updated home where style, comfort, and function all come together. The heart of the home is the top-of-the-line kitchen, showcasing custom cabinetry, stainless appliances, a statement hood over the range, tile backsplash, and a stunning soapstone island complemented by quartz perimeter countertops that are perfect for cooking and gathering.The vaulted great room

    Katie Ashland Edina Realty, Inc.

    213 Maverick Ave, Elko New Market, MN 55054
  • 26410 Woodcrest Ln, Elko New Market, MN 55020
    26410 Woodcrest Ln, Elko New Market, MN 55020
    26410 Woodcrest Ln, Elko New Market, MN 55020
    /46

    $500,000 Open Thu 5PM - 7PM

    • 4 Beds
    • 3.5 Baths
    • 3,436 Sq Ft

    26410 Woodcrest Ln, Elko New Market, MN 55020

    Welcome to 26410 Woodcrest Lane in Elko, where space and convenience meet comfort. This two-story home in the award-winning Lakeville School District offers 4 bedrooms all on one level, providing the ideal layout for today’s busy households. With over 3,100 finished square feet, you’ll find generous living areas, a remodeled kitchen, and a finished lower level perfect for entertaining or

    Lisa Ford Edina Realty, Inc.

    26410 Woodcrest Ln, Elko New Market, MN 55020
  • 2207 Francis Ct, Elko New Market, MN 55054
    2207 Francis Ct, Elko New Market, MN 55054
    2207 Francis Ct, Elko New Market, MN 55054
    /40

    $429,900

    • 3 Beds
    • 2 Baths
    • 2,298 Sq Ft

    2207 Francis Ct, Elko New Market, MN 55054

    Beautifully maintained 3 bedroom, 2 bath rambler nestled on a quite cul-de-sac backing up to mature trees and wetlands. Recent updates include newer roof and updated siding, along with new carpet & freshly painted throughout! Open floor plan with vaulted ceiling. The kitchen features beautiful oak cabinetry and a large center island. The walkout lower level offers lots of daylight, featuring

    Thomas Anderson RE/MAX Preferred

    2207 Francis Ct, Elko New Market, MN 55054
  • 1001 Theresa Marie Dr, Elko New Market, MN 55054
    1001 Theresa Marie Dr, Elko New Market, MN 55054
    1001 Theresa Marie Dr, Elko New Market, MN 55054
    /49

    $400,000 Open Sun 1PM - 3PM

    • 4 Beds
    • 2 Baths
    • 2,069 Sq Ft

    1001 Theresa Marie Dr, Elko New Market, MN 55054

    Welcome Home! This beautifully updated 4-bedroom, 2-bathroom home has been thoughtfully renovated over the years, with upgrades made to enhance both style and functionality. From modern kitchen appliances to fresh flooring every corner of this home reflects a commitment to quality and comfort. Spacious rooms bathed in natural light create a warm and inviting atmosphere, perfect for relaxing or

    Charles Brooks RE/MAX Results

    1001 Theresa Marie Dr, Elko New Market, MN 55054
  • 26800 Dogwood Dr, Elko New Market, MN 55020
    26800 Dogwood Dr, Elko New Market, MN 55020
    26800 Dogwood Dr, Elko New Market, MN 55020
    /27

    $425,000

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

    26800 Dogwood Dr, Elko New Market, MN 55020

    Discover the perfect blend of modern comfort and country charm at 26800 Dogwood Drive in Elko—an exceptional property that offers privacy, space, and timeless style just 30 minutes from the Twin Cities. This custom-built 4-bedroom, 3 bath home is a rare find in a coveted rural neighborhood with no HOA.Step inside and be welcomed by soaring ceilings, gleaming hardwood floors, and a layout

    Jacob Miller RE/MAX Advantage Plus

    26800 Dogwood Dr, Elko New Market, MN 55020
  • 508 James Pkwy, Elko New Market, MN 55054
    508 James Pkwy, Elko New Market, MN 55054
    508 James Pkwy, Elko New Market, MN 55054
    /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
  • 158 Ridgeview Ln, Elko New Market, MN 55054
    158 Ridgeview Ln, Elko New Market, MN 55054
    158 Ridgeview Ln, Elko New Market, MN 55054
    /26

    $484,605 New Construction

    • 4 Beds
    • 3 Baths
    • 2,328 Sq Ft

    158 Ridgeview Ln, Elko New Market, MN 55054

    Home is under construction and will be complete in December. This new two-story home showcases a modern design with a lower-level recreation room for 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

    Kaylee Schultz Lennar Sales Corp

    158 Ridgeview Ln, Elko New Market, MN 55054
  • 1101 Seurer St, Elko New Market, MN 55054
    1101 Seurer St, Elko New Market, MN 55054
    1101 Seurer St, Elko New Market, MN 55054
    /8

    $449,850 New Construction

    • 3 Beds
    • 3 Baths
    • 2,461 Sq Ft

    1101 Seurer St, Elko New Market, MN 55054

    This will be the last one built at this locationPrivate, wooded townhome site In Elko/New Market. This site is almost a half acre of wooded nature with the maintenance freeability to sit back and enjoy life. City Park can be seen across the street with sidewalks to get you anywhere. Call today to view this home with Listing agent. Finished Model just down the street.

    Alan Youngkrantz Fieldstone Real Estate Specialists

    1101 Seurer St, Elko New Market, MN 55054
  • 1103 Seurer St, Elko New Market, MN 55054
    1103 Seurer St, Elko New Market, MN 55054
    1103 Seurer St, Elko New Market, MN 55054
    /4

    $449,850 New Construction

    • 3 Beds
    • 3 Baths
    • 2,477 Sq Ft

    1103 Seurer St, Elko New Market, MN 55054

    Great new wooded setting Townhome very Private. large yard for a townhome.Main floor has owners suite with Laundry off owners bath. Guest bedroom and bath on main walk in pantry and lots of cabinets in this well proportioned kitchen. Dining and Great room all very open concept. 22x22 garage completes main floor.Lower level daylight basement has additional bedroom and good sized den along

    Alan Youngkrantz Fieldstone Real Estate Specialists

    1103 Seurer St, Elko New Market, MN 55054
  • 1119 Dorthy Ln, Elko New Market, MN 55054
    1119 Dorthy Ln, Elko New Market, MN 55054
    /2

    $424,900 New Construction

    • 4 Beds
    • 3 Baths
    • 2,614 Sq Ft

    1119 Dorthy Ln, Elko New Market, MN 55054

    Welcome to 1119 Dorthy Lane -Located just minutes from I-35, commuting to the Twin Cities or nearby amenities is a breeze. Enjoy the small-town charm of Elko New Market while staying connected to everything you need! Call today for more details or to schedule a tour! Built in 2025, this 4-bedroom, 3-bathroom split-level home offers the perfect blend of comfort, convenience, and style. Home will

    Ashlee Rickert ARC Properties

    1119 Dorthy Ln, Elko New Market, MN 55054
  • 1121 Dorthy Ln, Elko New Market, MN 55054
    1121 Dorthy Ln, Elko New Market, MN 55054
    /2

    $409,900 New Construction

    • 2 Beds
    • 2 Baths
    • 1,314 Sq Ft

    1121 Dorthy Ln, Elko New Market, MN 55054

    New Construction Available for Move in 2025!Welcome to 1132 Dorthy Lane, Elko New Market— Step inside to discover a beautifully crafted 2-bedroom, 2-bathroom home with vaulted ceilings, a bright and neutral color palette, and sun-filled living spaces that make everyday living feel extraordinary.Enjoy the added value of the unfinished basement for future expansion which includes 2

    Ashlee Rickert ARC Properties

    1121 Dorthy Ln, Elko New Market, MN 55054
  • 1132 Dorthy Ln, Elko New Market, MN 55054
    1132 Dorthy Ln, Elko New Market, MN 55054
    1132 Dorthy Ln, Elko New Market, MN 55054
    /5

    $429,900 New Construction

    • 4 Beds
    • 3 Baths
    • 2,614 Sq Ft

    1132 Dorthy Ln, Elko New Market, MN 55054

    Available November 2025! Discover your dream home at 1132 Dorthy Lane, Elko New Market—a stunning 4-bedroom, 3-bathroom split-level residence. This thoughtfully designed home features soaring vaulted ceilings, a bright and neutral color palette, and abundant natural light with treed views, creating an inviting space perfect for both daily living and entertaining. Enjoy low-maintenance living with

    Ashlee Rickert ARC Properties

    1132 Dorthy Ln, Elko New Market, MN 55054
Minnesota Scott County Elko New Market

Real Estate & Homes in Elko New Market, MN under $500,000

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 52 days. The median sale price for homes in Elko New Market, MN over the last 12 months is $446,250, up 2% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$446,250
Median Single Family Sale Price
$480,990
Median Townhouse Sale Price
$302,499
Average Price Per Sq Ft
$201
Number of Homes for Sale
84
Last 12 months Home Sales
114
Months of Supply
8.80
Median List Price
$479,305
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
2%
How to Buy a Home How to Finance a Home How to Sell a Home

In Elko New Market, you'll encounter a variety of homes and houses for sale priced under $500,000, providing affordable options for potential buyers. With 29 listings available, there's a wide selection to explore, from charming bungalows to contemporary townhouses. These properties offer an opportunity to enter the real estate market or diversify your investment portfolio without exceeding your budget. Discover the range of homes for sale under 500k in Elko New Market, MN and find the perfect fit for your homeownership goals.

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