Lake Elmo, MN Homes for Sale under $200,000

/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
Explore Lake Elmo
/8
$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
/8
$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
/20
$129,900
- 3 Beds
- 2 Baths
- 1,216 Sq Ft
127 Cimarron Unit 127, 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

127 Cimarron Unit 127, Lake Elmo, MN 55042
/20
$137,900
- 3 Beds
- 2 Baths
- 1,460 Sq Ft
521 Cimarron Unit 521, Lake Elmo, MN 55042

Welcome to Cimarron Park an All-Age vibrant community, where you can find yourself in your dream home. We have a stunning, brand new, beautiful, updated 2026 3 bed, 2 bath home for sale featuring 1356 sq ft of beautifully designed living space. Located in Lake Elmo, this property offers the perfect blend of modern amenities and timeless charm. Step inside to find an open-concept floor plan,

Jessica Jessen Cimarron Park and Golf

521 Cimarron Unit 521, Lake Elmo, MN 55042
/20
$139,000
- 3 Beds
- 2 Baths
- 1,356 Sq Ft
16 Cimarron Unit 16, 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

16 Cimarron Unit 16, Lake Elmo, MN 55042
/20
$139,900
- 3 Beds
- 2 Baths
- 1,460 Sq Ft
365 Cimarron Unit 365, Lake Elmo, MN 55042

Welcome to Cimarron Park a All Age active and vibrant community, where you can find yourself in your dream home. We have a brand new, beautiful, updated, 2026 3 bed, 2 bath home for sale featuring 1460.48 sq ft of beautifully designed living space. Located in Lake Elmo, this property offers the perfect blend of modern amenities and timeless charm. Step inside to find an open-concept floor plan,

Jessica Jessen Cimarron Park and Golf

365 Cimarron Unit 365, Lake Elmo, MN 55042

Minnesota Washington County Lake Elmo

Home Trends in Lake Elmo, MN

On average, homes in Lake Elmo, MN sell after 42 days on the market compared to the national average of 55 days. The median sale price for homes in Lake Elmo, MN over the last 12 months is $643,512, down 4% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$643,512

Median Single Family Sale Price

$687,500

Median Townhouse Sale Price

$377,400

Average Price Per Sq Ft

$256

Number of Homes for Sale

Last 12 months Home Sales

258

Months of Supply

2.50

Median List Price

$677,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

-4%

How to Buy a Home How to Finance a Home How to Sell a Home

In Lake Elmo, you'll find a diverse selection of properties with 8 homes for sale under $200,000, catering to budget-conscious buyers seeking affordable housing solutions. Whether you're a first-time homebuyer in search of a cozy starter home or an investor eyeing a promising opportunity, these affordable homes provide a gateway into the real estate market in Lake Elmo, MN.

Lake Elmo Types of Homes for Sale

Lake Elmo Real Estate Listings

More About Living in Lake Elmo

Homes for Sale in Nearby Neighborhoods

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Homes for Sale in Nearby Counties

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