$568,054Average Value$201Average Price per Sq Ft55Homes For Sale
Two cities combined to form growing exurb of Elko New Market
Elko New Market was once two separate cities: Elko and New Market. In 2007, the communities came together to form one municipality, making it easier to provide services to residents. Today, its new subdivisions offer space to spread out alongside highly rated schools and access to Interstate 35. “They’re a growing community,” says John Clay, a Realtor with Associated Realty who has worked in the area for nearly 40 years. “New Market has some of the older businesses, while Elko has the new ones. But if you live in Elko New Market, you’re commuting to the Twin Cities.”
The original downtown Elko offers 2 local watering holes, Bullseye & Captain Black's.
Elko New Market is home to just over 5,000 residents.
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New Traditional homes within recently built subdivisions
Most homes in Elko New Market sit on wide streets in recently built subdivisions. The New Traditional builds feature farmhouse or Craftsman flourishes, often on well-maintained front lawns. These larger homes tend to sell for $290,000 to $650,000, while smaller, older houses near the Elko or New Market downtown areas go for $140,000 to $390,000.
Split level homes are common throughout Elko New Market.
Modern traditional homes are popular in newer parts of Elko New Market.
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Highly rated Lakeville and New Prague schools
Despite the unification of Elko New Market, the two sides are mainly zoned to different school systems. The Elko portion is served by Lakeville Area Schools, which receives an A overall grade from Niche. The district is also ranked the best in the state for student athletes. Meanwhile, the New Market side is served by New Prague Area Schools, which receives a B-plus rating. Other than Eagle View Elementary, schools are a few miles away. “Since you’re driving about 10 miles each way to go to school, what I’ve found is that families will carpool if there’s an activity — baseball, softball, football, basketball,” Clay says. “One family picks somebody up this time, the other family picks them up the other.”
Eagle View Elementary School's teachers earned a grade of B from Niche.com.
Lakeville South High School is a highly rated school and is ranked 19th in the state.
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Recreation for all seasons, including baseball, golf and hockey
Elko New Market has recreation options for all seasons. City parks include Wagner Park near downtown New Market, which has baseball diamonds, a playground and an outdoor hockey rink. When not iced over, the rink doubles as a basketball and pickleball court. Fredrickson Field, on the east side of the community, is home to the Elko Express amateur baseball club. Boulder Pointe Golf Club, which is open to the public, has an 18-hole course with a driving range, practice greens and indoor simulators.
South Wagner Park
Boulder Pointe Golf Club is where Elko New Market golfers can play 18 holes.
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Bars and restaurants within both old downtown areas
Both Elko and New Market still have their own small downtowns. “There’s a little area where there’s half a dozen bars in the older part of Elko,” Clay says, “and then the New Market side has the traditional downtown with the Domino’s Pizza and a few other things.” The nearest shopping centers and grocery stores are in Lakeville, about 10 miles north, though the recently built Kwik Trip in Elko has a small selection of milk, eggs and produce.
Leo's Bar is downtown New Market's local watering hole.
One of the several big box retailers in Lakeville is Walmart, just 10 minutes from Elko New Market.
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Free festivals and races at the Elko Speedway
The city hosts free summer events in Wagner Park. The family-friendly performances include live music, magicians and dance parties. Meanwhile, Fire Rescue Days is a weekendlong festival celebrating first responders with a parade, a beer garden and a cornhole tournament. But the Elko Speedway is the biggest attraction in Elko New Market, holding races most weekends between June and September. The Speedway is also the site of the Elko Drive-In Theater, a summer staple in the community.
Race Night at Elko Speedway is Elko New Market residents' favorite event.
Race Night at Elko Speedway even offers a petting zoo and pony rides in Elko New Market.
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Commutes to the Twin Cities via Interstate 35
Interstate 35 runs through the community's east side, leading north to Minneapolis and Saint Paul. The Twin Cities and Minneapolis-Saint Paul International Airport are roughly 30 miles. Rather than driving the entire way, commuters sometimes drive 12 miles to the Kenrick Avenue Park and Ride to hop on a Metro Transit bus that heads to downtown Minneapolis. The closest emergency room is 15 miles away at the M Health Fairview Ridges Hospital.
Written By
Brendan Doyle
Photography Contributed By
Brandon Rowell
Video By
Mallory Nolte
Interested in learning more about homes in this area?
Reach out to
Mike Heinzerling,
an experienced agent in this area.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
On average, homes in Elko New Market, MN sell after 43 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 $453,250, up 3% from the median home sale price over the previous 12 months.
Various upgrades within last 5 years including new A/C, wood privacy fence and newer roof. Main level has hard surface flooring throughout. Main floor bath with new jacuzzi tub package. Updates added to garage including insulated/sheet rocked and overhead gas heater added.
Reggie Award Winning Custom TwinHome 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 Reilands Luxury Single Family Homes. Nestled in Pete’s Hill, an exclusive community a few minutes south of the metro and the highest point of
Modern comfort meets scenic privacy in Elko New Market! Discover the perfect blend of style, functionality, and move-in readiness in this meticulously finished home. Unlike many new builds that require additional investment post-purchase, this property comes fully equipped with thoughtful upgrades already in place, including: a finished basement, no-maintenance deck, landscaping with irrigation,
What more could you ask for... main level living, golf course and nature views located in the beautiful Boulder Pointe neighborhood. Stunning 4-bed, 3-bath home with 3-car garage offers the perfect blend of comfort and well-designed space. Enjoy peaceful mornings on the front porch or unwind on the deck with new retractable awning while surrounded by the beauty of this well-established
Various upgrades within last 5 years including new A/C, wood privacy fence and newer roof. Main level has hard surface flooring throughout. Main floor bath with new jacuzzi tub package. Updates added to garage including insulated/sheet rocked and overhead gas heater added.
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
Come and enjoy maintenance free living at Old Town Apartments, Elko New Market's newest apartment complex. Feel at home in one of our one- or two-bedroom units. Our three-story building is complete with a community room, fitness center, and outdoor living area. Enjoy the small town feel of Elko New Market while being minutes away from all the amenities that the Twin Cities metro area has to
Market Village is a 49 unit apartment community for 55+ that does not offer nursing home or assisted living services. Our Waiting List at Market Village is open. We go to our Waiting List to offer available apartments. To get on our waiting listing visit our website marketvillageapts. Please feel free to schedule an appointment for a tour by contacting us at Market Village. During a tour we meet
Lease this home and get more from Invitation Homes professional property management. This home comes fully loaded with quality amenities, must-have services, high-end tech and ProCare® professional maintenance. Your estimated total monthly payment is $2398.95. That covers your base rent, $2349.00 + our required services designed to make your life easier: Smart Home with video doorbell $40 and
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