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Newest Homes for Sale in Lake Elmo, MN

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  • /48

    $599,900

    • 3 Beds
    • 3 Baths
    • 2,702 Sq Ft

    11145 6th Street Cir N, Lake Elmo, MN 55042

    Effortless one-level living in Lake Elmo! This beautiful townhome offers 3 bedrooms, 3 bathrooms, and an oversized 2 car garage. The spacious and welcoming foyer provides access to a large walk-in closet, the garage, and a nearby laundry room. Here, you'll also find a guest bedroom (currently being used as an office) and a 3/4 bath. A short hallway opens into the bright and airy kitchen, living

    Agent Photo

    Tiffhanie Zheng

    RE/MAX Results

    (612) 416-2529

    11145 6th Street Cir N, Lake Elmo, MN 55042
  • /51

    $512,195

    • 3 Beds
    • 2 Baths
    • 1,762 Sq Ft

    10930 37th St N, Lake Elmo, MN 55042

    This “to-be-built” Eveleth patio home floorplan built by Robert Thomas Homes in North Star of Lake Elmo offers you the opportunity to personalize the layout, colors and options for this beautifully designed home while also providing a clear estimate of the final price. With an approximate build time of six months, you can plan ahead while watching your new home come to life. Discover the ease of

    Dave Steger Robert Thomas Homes, Inc.

    10930 37th St N, Lake Elmo, MN 55042
  • /18

    $682,000

    • 4 Beds
    • 3 Baths
    • 2,605 Sq Ft

    xxxx Knightsbridge Ln N, Lake Elmo, MN 55042

    To Be Built - The Rockford available in North Star, Lake Elmo. This spacious rambler design offers the best of main level living with fully finished look out or walk out homesite options. Personalize this home to fit your current needs & lifestyle.

    Kimberly Wallisch Hanson Builders Inc

    xxxx Knightsbridge Ln N, Lake Elmo, MN 55042
  • /42

    $619,840 New Construction

    • 3 Beds
    • 3 Baths
    • 471 Sq Ft

    3476 Knightsbridge Trail N, Lake Elmo, MN 55042

    Welcome home to Robert Thomas' Aurora floorplan in beautiful North Star of Lake Elmo. This model showcases the optional upper level loft. This is one of 8 customizable floorplans we offer - 5 one level plans and 3 two story plans.

    Dave Steger Robert Thomas Homes, Inc.

    3476 Knightsbridge Trail N, Lake Elmo, MN 55042
  • /47

    $594,950 New Construction

    • 4 Beds
    • 3 Baths
    • 2,488 Sq Ft

    10924 Lower 37th Street Ct N, Lake Elmo, MN 55042

    Hurry, this home won't be available for long. This quick move in “Reiley” two story patio home with 4 season porch is being built by Robert Thomas Homes in North Star of Lake Elmo at the end of a CUL-DE-SAC with a scheduled completion late June. This thoughtfully designed home showcases high-quality craftsmanship and modern finishes throughout, offering both style and everyday functionality. The

    Dave Steger Robert Thomas Homes, Inc.

    10924 Lower 37th Street Ct N, Lake Elmo, MN 55042
  • /42

    $550,000 Coming Soon

    • 2 Beds
    • 2 Baths
    • 1,880 Sq Ft

    8761 Upper 7th Place N, Lake Elmo, MN 55042

    Welcome to this beautifully maintained detached villa-style townhome in Lake Elmo, filled with natural light and thoughtfully designed living spaces throughout. Large windows in every direction create a bright, welcoming atmosphere while framing open views of the neighborhood rain garden and surrounding greenspace. Fresh and move-in ready with brand-new carpeting throughout, the home offers

    Agent Photo

    Cheryl Larson

    eXp Realty

    (612) 746-7319

    8761 Upper 7th Place N, Lake Elmo, MN 55042
  • /15

    $1,300,000 Coming Soon

    • 5 Beds
    • 4.5 Baths
    • 5,372 Sq Ft

    5710 Kelvin Ave N, Lake Elmo, MN 55042

    Set on a breathtaking 1+ acre homesite in the prestigious Hidden Meadows enclave, this exceptional custom residence offers a rare blend of privacy, community, and elevated living. Surrounded by premier amenities including Sunfish Park, Lake Elmo Park Reserve, local golf courses, and just minutes to historic downtown Stillwater and the St. Croix River, the lifestyle here is unmatched. Located in

    David Hackworthy eXp Realty

    5710 Kelvin Ave N, Lake Elmo, MN 55042
  • /86

    $739,900

    • 4 Beds
    • 3.5 Baths
    • 3,077 Sq Ft

    4056 Kokanee Ave N, Lake Elmo, MN 55042

    Welcome to an exceptional home in the prestigious Legacy at North Star community in Lake Elmo. Known for architecturally distinctive homes, a resort-style pool, and clubhouse, this neighborhood offers convenient access to parks, trails, schools and so much more. This inviting 4 bedroom, 4-bath features a thoughtfully designed open floor plan an expansive wall of windows that flood the home with

    Sandra Espe Sorenson Coldwell Banker Realty

    4056 Kokanee Ave N, Lake Elmo, MN 55042
  • /15

    $44,900

    • 3 Beds
    • 2 Baths
    • 1,248 Sq Ft

    173 Cimarron Unit 173, Lake Elmo, MN 55042

    Welcome to Cimarron Park an all age active and vibrant community, where you can find yourself in your dream home. We have a stunning 2007 3 bed, 2 bath home for sale featuring 1248.00 sq ft of beautifully designed living space. Located in/near Lake Elmo, this property offers the perfect blend of modern amenities and timeless charm. Step inside to find an open-concept floor plan with high

    Jessica Jessen Cimarron Park and Golf

    173 Cimarron Unit 173, Lake Elmo, MN 55042
  • /8

    $849,900

    • 4 Beds
    • 3.5 Baths
    • 4,449 Sq Ft

    xxx Knightsbridge Ln N, Lake Elmo, MN 55042

    To Be Built - The Middleton in Northstar | Lake ElmoThoughtfully designed two-story home in Northstar, with limited homesites remaining - three lookout lots with 9’ lower-level ceilings and large windows, plus one full basement site. The main level features a gourmet kitchen with oversized island (seating for four), walk-in pantry, and open flow to the dining and great room. Optional sunroom

    Joni Corrigan New Home Star

    xxx Knightsbridge Ln N, Lake Elmo, MN 55042
  • /34

    $629,900 New Construction

    • 3 Beds
    • 2.5 Baths
    • 2,220 Sq Ft

    11764 35th St N, Lake Elmo, MN 55042

    This Prairie-style Aspen floor plan offers two-story living in Easton Village, Lake Elmo. The home features three bedrooms, two-and-a-half bathrooms, and a three-car garage. The open-concept main level brings together the gourmet kitchen, dining area, and great room with fireplace, creating a connected space for everyday living and entertaining. The kitchen includes a drop-in gas cooktop, tiled

    Joni Corrigan New Home Star

    11764 35th St N, Lake Elmo, MN 55042
  • /48

    $389,900

    • 3 Beds
    • 2 Baths
    • 2,142 Sq Ft

    2988 Legion Ave N, Lake Elmo, MN 55042

    This rambler style home offers the perfect blend of warmth, space, and location. A welcoming front porch sets the tone as you step into this well-loved home. Inside, the expansive living, dining, and kitchen areas form the true heart of the home—ideal for both everyday living and entertaining. The living room is anchored by a large brick fireplace, creating a cozy focal point, while the dining

    Larry Eberhard Keller Williams Premier Realty

    2988 Legion Ave N, Lake Elmo, MN 55042
  • /24

    $884,590 New Construction

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

    11336 Masters St N, Lake Elmo, MN 55042

    This new two-story home features a family-friendly design with the option to finish the lower level, adding an additional bedroom and bathroom. The main level showcases a Great Room, a modern kitchen with a large square island and walk-in pantry. Additionally, the main level boasts a spacious laundry room and mudroom with a closet. The upstairs offers three secondary bedrooms and the owner’s

    Lennar Builder
    11336 Masters St N, Lake Elmo, MN 55042
  • /66

    $587,950 New Construction

    • 4 Beds
    • 2.5 Baths
    • 2,446 Sq Ft

    3496 Knightsbridge Trail N, Lake Elmo, MN 55042

    This quick move in “Virginia” with 4 season porch two story patio home being built by Robert Thomas Homes in North Star of Lake Elmo is scheduled to be complete and ready to move in late June. Beautifully upgraded home blending style and functionality throughout. The gourmet kitchen features handcrafted frameless shaker cabinets with soft-close doors and drawers, under-cabinet lighting, built-in

    Dave Steger Robert Thomas Homes, Inc.

    3496 Knightsbridge Trail N, Lake Elmo, MN 55042
  • /52

    $699,900

    • 5 Beds
    • 3.5 Baths
    • 3,259 Sq Ft

    11821 Linden Ct N, Lake Elmo, MN 55042

    Welcome to this beautiful two-story home nestled on a quiet cul-de-sac with stunning landscaping and a serene front porch. The open-concept main floor features 9-ft ceilings, LVP floors, large windows, and two versatile flex rooms perfect for offices or additional living space. The gourmet kitchen is ideal for entertaining, offering a gas cooktop, wall oven and microwave, a large island, and a

    Brooks Johnson eXp Realty

    11821 Linden Ct N, Lake Elmo, MN 55042
  • /23

    $884,135 New Construction

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

    11192 Masters St N, Lake Elmo, MN 55042

    This new two-story home is a family-friendly haven. The first floor features a formal dining room, casual breakfast nook, kitchen, inviting Great Room and versatile study. Upstairs are a loft, three secondary bedrooms with walk-in closets and an owner’s suite with two walk-in closets.

    Lennar Builder
    11192 Masters St N, Lake Elmo, MN 55042
  • /26

    $1,286,850 New Construction

    • 3 Beds
    • 2.5 Baths
    • 2,983 Sq Ft

    11399 Masters St N, Lake Elmo, MN 55042

    This new home, which is conveniently laid out on a single floor, features an airy study, open gourmet kitchen, dining room and family room with a fireplace. Two secondary bedrooms both have walk-in closets, while the owner’s suite enjoys a spa-inspired bathroom with a freestanding soaking tub.

    Lennar Builder
    11399 Masters St N, Lake Elmo, MN 55042
  • /95

    $895,000

    • 4 Beds
    • 3 Baths
    • 3,755 Sq Ft

    11314 Sunflower Ln N, Lake Elmo, MN 55042

    Welcome to this stunning custom-built with many features to include new roof with gutters and downspouts added in 2023. Also features hickory floors, all granite ktichen, GE appliances, 2 ovens, 2 fireplaces, a built in hutch, Hayfield windows, Wainscoting in sunroom, a Hot Spring Spa for year round use! The list goes on -- Cedar ceiling on the front porch, Cedar Pergola above the Hot Springs,

    Malee Vang Engel & Volkers Minneapolis Downtown

    11314 Sunflower Ln N, Lake Elmo, MN 55042
  • /25

    $406,900

    • 3 Beds
    • 2.5 Baths
    • 1,854 Sq Ft

    9541 4th St N, Lake Elmo, MN 55042

    Modern Luxury Meets Garden-Side Serenity Experience the perfect blend of sophisticated design and neighborhood charm in this stunning 2021 built townhome in Lake Elmo’s coveted Union Park. The main level is a masterclass in color, featuring designer-curated tones in the living and dining areas that provide a vibrant, upscale energy. The chef’s kitchen is a true centerpiece, boasting a massive

    Michelle Goltz Realty ONE Group Choice

    9541 4th St N, Lake Elmo, MN 55042
  • /33

    $425,000

    • 3 Beds
    • 2.5 Baths
    • 2,012 Sq Ft

    9699 4th St N, Lake Elmo, MN 55042

    Why buy new when this 3 year old beauty, with over $88,000 in upgrades is available NOW for LESS! This unit is one of only four homes in the entire development with this expanded floor plan and extra space in all the right places. The added sunroom and a private sitting room/den off the owner’s suite are welcomed upgrades especially for a highly desired end unit. The heart of the home is the show

    Jamie Rooney eXp Realty

    9699 4th St N, Lake Elmo, MN 55042
  • /12

    $734,900

    • 3 Beds
    • 3 Baths
    • 3,095 Sq Ft

    xxx Knightsbridge Ln N, Lake Elmo, MN 55042

    To Be Built - The Riley in Northstar, Lake Elmo. A sought-after rambler design offering the ease of main-level living with the bonus of a fully finished lower level with 9ft ceilings. The open-concept layout connects the kitchen, dining, and great room, making everyday life and entertaining seamless. The main floor sanctuary suite features a spa-like bath and oversized walk-in closet, while the

    Joni Corrigan New Home Star

    xxx Knightsbridge Ln N, Lake Elmo, MN 55042
  • /18

    $779,900

    • 5 Beds
    • 4.5 Baths
    • 3,692 Sq Ft

    xxx Knightsbridge Ln N, Lake Elmo, MN 55042

    To Be Built – The Kenton in Northstar, Lake Elmo. 4 lots to choose from. A brand-new 2025 plan, never before built in Lake Elmo! This home features an open-concept design with a spacious dining room flowing into the kitchen and great room, plus a private sanctuary suite with spa-like bath and oversized walk-in closet. The Kenton offers 5 total bathrooms and comes with a fully finished basement,

    Joni Corrigan New Home Star

    xxx Knightsbridge Ln N, Lake Elmo, MN 55042
  • /32

    $919,000 New Construction

    • 4 Beds
    • 4.5 Baths
    • 4,584 Sq Ft

    3627 Knightsbridge Trail N, Lake Elmo, MN 55042

    The Hillcrest Sport features a thoughtfully designed central kitchen overlooking a spacious Great Room perfect for both entertaining & everyday living. Expansive 8' kitchen island complemented by large & intimate dining areas. Private Study/Home Office conveniently located off the front entry. Walk in Pantry between the garage & kitchen, ensuring effortless grocery unloading and ample storage.

    Kimberly Wallisch Hanson Builders Inc

    3627 Knightsbridge Trail N, Lake Elmo, MN 55042
  • /40

    $659,900 New Construction

    • 3 Beds
    • 3 Baths
    • 3,008 Sq Ft

    3280 Linden Ave N, Lake Elmo, MN 55042

    Completed New Construction! This three-bedroom home is situated on a desirable corner lot in Lake Elmo and offers a well-planned layout with two bedrooms on the main level and one in the fully finished walk-out basement. The open-concept main level features a gourmet kitchen with a gas cooktop, built-in wall oven and microwave, and a tiled backsplash, along with an open railing and a main-level

    Joni Corrigan New Home Star

    3280 Linden Ave N, Lake Elmo, MN 55042
  • /42

    $1,046,310 New Construction

    • 5 Beds
    • 4.5 Baths
    • 5,196 Sq Ft

    1848 Royal Blvd N, Lake Elmo, MN 55042

    MODEL HOME (not for sale)With 5,208 square feet of thoughtfully designed living space and a spacious .3-acre homesite, this remarkable two-story home offers endless possibilities for both relaxing and entertaining. Step inside to find a formal living room and a formal dining room—ideal spaces for special gatherings and celebrations. The expansive open-plan Great Room features a striking gas

    Kaylee Schultz Lennar Sales Corp

    1848 Royal Blvd N, Lake Elmo, MN 55042
  • /26

    $955,695 New Construction

    • 4 Beds
    • 3.5 Baths
    • 3,848 Sq Ft

    1867 Royal Blvd N, Lake Elmo, MN 55042

    Step inside this spacious two-story home and discover an inviting layout designed for both entertaining and everyday living. The formal living and dining rooms offer the perfect setting for hosting guests, while the open-concept Great Room seamlessly connects to a modern kitchen with sleek stainless steel appliances. Enjoy cozy evenings by the fireplace or casual meals in the bright breakfast

    Lennar Builder
    1867 Royal Blvd N, Lake Elmo, MN 55042
  • /68

    $539,900 Open Mon 9AM - 7PM

    • 3 Beds
    • 3 Baths
    • 1,904 Sq Ft

    10969 37th St N, Lake Elmo, MN 55042

    Quick move-in Aurora patio home offering convenient main-level living plus a versatile loft with a second family room, third bedroom, and third bath—perfect for guests or additional living space. The open-concept main floor features a gourmet kitchen with white cabinetry, an upgraded gas range, and a custom wood hood. The inviting Gathering Room is centered around a cozy electric fireplace. The

    Dave Steger Robert Thomas Homes, Inc.

    10969 37th St N, Lake Elmo, MN 55042
  • /49

    $577,795 New Construction

    • 5 Beds
    • 3 Baths
    • 2,344 Sq Ft

    3468 Knightsbridge Trail N, Lake Elmo, MN 55042

    Reiely model not for sale. New build homes that can be customized to fit your preferences. New cul-de-sac lots now for sale. We offer both homeowner maintained exterior and a "snow and mow" section where the HOA handles snow removal and lawn maintenance.

    Dave Steger Robert Thomas Homes, Inc.

    3468 Knightsbridge Trail N, Lake Elmo, MN 55042
  • /50

    $542,470

    • 4 Beds
    • 3 Baths
    • 2,344 Sq Ft

    10941 37th St N, Lake Elmo, MN 55042

    This to-be-built Reiley patio home by Robert Thomas Homes in North Star of Lake Elmo offers the opportunity to personalize your layout, finishes, and options while providing a clear, transparent price. With an approximate six-month timeline from purchase to completion, you can plan ahead while watching your new home come to life. The main level features 9-foot ceilings and a bright, open design,

    Dave Steger Robert Thomas Homes, Inc.

    10941 37th St N, Lake Elmo, MN 55042
  • /66

    $525,560

    • 4 Beds
    • 2.5 Baths
    • 2,302 Sq Ft

    10937 37th St N, Lake Elmo, MN 55042

    This “to-be-built” two-story Virginia patio home by Robert Thomas Homes in North Star of Lake Elmo offers the opportunity to personalize layout, colors, and finishes while providing a clear estimate of final pricing. With an approximate six-month timeline from purchase to completion, you can plan ahead and watch your new home come to life. The open-concept main level features 9’ ceilings, a

    Dave Steger Robert Thomas Homes, Inc.

    10937 37th St N, Lake Elmo, MN 55042
  • /61

    $482,745

    • 2 Beds
    • 2 Baths
    • 1,433 Sq Ft

    10933 37th St N, Lake Elmo, MN 55042

    This “to-be-built” Aurora patio home by Robert Thomas Homes in North Star of Lake Elmo offers the opportunity to personalize your layout, colors, and finishes while providing a clear estimate of final pricing. With an approximate six-month timeline from purchase to completion, you can plan ahead and watch your new home come to life. This thoughtfully designed home blends style, comfort, and

    Dave Steger Robert Thomas Homes, Inc.

    10933 37th St N, Lake Elmo, MN 55042
  • /43

    $446,245

    • 2 Beds
    • 2 Baths
    • 1,216 Sq Ft

    10926 37th St N, Lake Elmo, MN 55042

    This to-be-built Fraser patio home by Robert Thomas Homes in North Star of Lake Elmo offers a streamlined way to build new with a clear price that includes many popular options—plus the ability to personalize finishes, colors, and layout details. With an estimated 6-month timeline from purchase to completion, you can plan ahead while watching your home come to life. The open main level features

    Dave Steger Robert Thomas Homes, Inc.

    10926 37th St N, Lake Elmo, MN 55042
  • /27

    $1,398,560 New Construction

    • 5 Beds
    • 5.5 Baths
    • 5,184 Sq Ft

    11401 Masters St N, Lake Elmo, MN 55042

    This new two-story home showcases an elegant design with a versatile lower level. The first floor features a formal dining room and a study framing the foyer, followed by a family room with a fireplace and a modern kitchen with a nook. Upstairs are three secondary bathrooms, a loft for shared living space and the lavish owner’s suite with a spa-style bathroom. A desirable three-car garage

    Lennar Builder
    11401 Masters St N, Lake Elmo, MN 55042
  • /83

    $535,000

    • 3 Beds
    • 2 Baths
    • 1,981 Sq Ft

    10032 Stillwater Ln N, Lake Elmo, MN 55042

    Timeless character shines throughout this quality-built brick rambler, ideally set on a beautifully treed 2.5-acre lot. The striking exterior features rare clinker brick, offering rich texture and rustic appeal that truly sets this home apart. Enjoy the space and serenity of the expansive yard, perfectly complemented by southern exposure that fills the home with natural warmth and light. Inside,

    Susan Lindstrom Edina Realty, Inc.

    10032 Stillwater Ln N, Lake Elmo, MN 55042
  • /33

    $700,000

    • 4 Beds
    • 3 Baths
    • 3,415 Sq Ft

    10811 40th St N, Lake Elmo, MN 55042

    Beautifully designed newer construction home offering main level living, modern finishes, energy efficiency, and low-maintenance. The architecturally detailed exterior features durable James Hardie siding, stone accents, professional landscaping with irrigation, and a spacious 3-car garage. Since purchasing, the homeowners have thoughtfully enhanced the property by adding gutters, building a deck

    Olivia VanOrsdale Compass

    10811 40th St N, Lake Elmo, MN 55042
  • /51

    $2,150,000 New Construction

    • 4 Beds
    • 5 Baths
    • 5,005 Sq Ft

    5720 57th Place N, Lake Elmo, MN 55042

    This stunning custom rambler offers 5,005 square feet of beautifully finished interior living space, complemented by 567 square feet of thoughtfully designed outdoor living areas and an impressive 1,140-square-foot finished four-car garage. The exterior architecture is striking, featuring elegant James Hardie® siding, stone accents, and rich wood paneling. Multiple outdoor entertaining spaces

    Rochelle Jacobs POP Realty MN

    5720 57th Place N, Lake Elmo, MN 55042
  • /20

    $129,900

    • 3 Beds
    • 2 Baths
    • 1,216 Sq Ft

    121 Cimarron Unit 121, Lake Elmo, MN 55042

    COMING SOON! Currently under construction. Welcome to Cimarron Park, a all age active and vibrant community, where your dream home is coming to life. We are excited to offer a stunning, brand new, beautiful 2026 3 bed, 2 bath home for sale, featuring approximately 1216 sq ft of thoughtfully designed living space. Located in Lake Elmo, this soon-to-be-completed property will offer the perfect

    Jessica Jessen Cimarron Park and Golf

    121 Cimarron Unit 121, Lake Elmo, MN 55042
  • /20

    $129,900

    • 3 Beds
    • 2 Baths
    • 1,216 Sq Ft

    296 Cimarron Unit 296, Lake Elmo, MN 55042

    COMING SOON! Currently under construction. Welcome to Cimarron Park, a all age active and vibrant community, where your dream home is coming to life. We are excited to offer a stunning, brand new, beautiful 2026 3 bed, 2 bath home for sale, featuring approximately 1356 sq ft of thoughtfully designed living space. Located in Lake Elmo, this soon-to-be-completed property will offer the perfect

    Jessica Jessen Cimarron Park and Golf

    296 Cimarron Unit 296, Lake Elmo, MN 55042
  • /20

    $129,900

    • 3 Beds
    • 2 Baths
    • 1,216 Sq Ft

    119 Cimarron Unit 119, Lake Elmo, MN 55042

    COMING SOON! Currently under construction. Welcome to Cimarron Park, a all age active and vibrant community, where your dream home is coming to life. We are excited to offer a stunning, brand new, beautiful 2026 3 bed, 2 bath home for sale, featuring approximately 1216 sq ft of thoughtfully designed living space. Located in Lake Elmo, this soon-to-be-completed property will offer the perfect

    Jessica Jessen Cimarron Park and Golf

    119 Cimarron Unit 119, Lake Elmo, MN 55042
  • /20

    $129,900

    • 3 Beds
    • 2 Baths
    • 1,216 Sq Ft

    530 Cimarron Unit 530, Lake Elmo, MN 55042

    COMING SOON! Currently under construction. Welcome to Cimarron Park, a all age active and vibrant community, where your dream home is coming to life. We are excited to offer a stunning, brand new, beautiful 2026 3 bed, 2 bath home for sale, featuring approximately 1216 sq ft of thoughtfully designed living space. Located in Lake Elmo, this soon-to-be-completed property will offer the perfect

    Jessica Jessen Cimarron Park and Golf

    530 Cimarron Unit 530, Lake Elmo, MN 55042

Showing Results 1 - 40, Page 1 of 2

Frequently Asked Questions

What is the average home price in Lake Elmo, MN?
Homes for sale in Lake Elmo, MN have an average home price of $783,172.
How many homes have sold over the last 12 months in Lake Elmo, MN?
256 homes have sold in Lake Elmo, MN over the last 12 months.
What are the most popular zip codes in Lake Elmo, MN?
The most popular zip codes in Lake Elmo, MN include 55042, 55128, 55082, 55125 and 55129.
How much do you need to make to afford a house in Lake Elmo?
The median home price in Lake Elmo is $675,000. If you put a 20% down payment of $135,000 and had a 30-year fixed mortgage with an interest rate of 6.37%, your estimated principal and interest payment would be $3,370 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $144K a year to afford the median home price in Lake Elmo. Learn how much home you can afford with our Home Affordability Calculator.
How are the schools in Lake Elmo, MN?
Lake Elmo, MN has highly rated public and private schools. Some of the best schools in Lake Elmo based on Niche Grades are Mahtomedi Senior High School, Stillwater Area High School and Mahtomedi Middle School. Browse all the schools in Lake Elmo, MN to learn more.

Home Trends in Lake Elmo, MN

Housing Trends

Median Sale Price
$640,460
Median Single Family Sale Price
$678,450
Median Townhouse Sale Price
$380,000
Average Price Per Sq Ft
$259
Number of Homes for Sale
60
Last 12 months Home Sales
256
Months of Supply
2.80
Median List Price
$675,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-5%
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