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Lake Elmo Market Report

$806,663

AVERAGE PRICE OF 93 HOMES

$1,566,049

AVERAGE PRICE OF 16 MULTI-MILLION DOLLAR HOMES

$859,772

AVERAGE PRICE OF 43 NEWLY BUILT HOMES

$1,116,772

AVERAGE PRICE OF 15 HOMES WITH A POOL

$794,666

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $806,663
Avg Bedrooms 3.09 beds
Avg Bathrooms 2.9 baths

Average Price by Bedrooms

2 bedrooms $720,000
3 bedrooms $747,947
4 bedrooms $803,294
5 bedrooms $1,138,244
Lake Elmo Home Price Trends
  3/2024 2/2024 1/2024 12/2023 11/2023
Total Listings 100 90 82 88 96
Average Price $801,705 $818,732 $832,329 $809,476 $793,237
Avg Price Change -2.12% -1.66% +2.82% +2.05% -0.02%
Median Price $728,113 $751,323 $790,736 $751,496 $733,087
Med Price Change -3.19% -5.25% +5.22% +2.51% -2.45%
Avg Bedrooms 3.14 beds 3.17 beds 3.16 beds 3.17 beds 3.28 beds
Avg Bathrooms 2.99 baths 3.04 baths 3.01 baths 2.98 baths 3.09 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 93 $806,663 104 days
Multi-Million Dollar Homes 16 $1,566,049 182 days
Newly Built Homes 43 $859,772 107 days
Homes with a Pool 15 $1,116,772 66 days
Reduced Price Homes 3 $794,666 142 days
RE/MAX Results
Mimi Schoneman
604 Bielenberg Drive
Woodbury, MN 55125
651-226-2560
651-578-2218
MN License # 205932-61
WI License # 71386-094

The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than RE/MAX Results are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Copyright2024 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Data last updated April 16, 2024
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than Mimi Schoneman - RE/MAX Results are marked with the Broker ReciprocitySM logo or the Broker Reciprocity and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Copyright2024Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Data last updated April 16, 2024
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