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City / Town Overview

Elk River, MN

Aggregate real estate market report across all ZIPs in scope
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

Data as of April 2026. Source: Realtor.com.

The Elk River, MN real estate market currently shows 214 active listings, with 120 pending sales. Homes are averaging 26 days on the market before going under contract.

Inventory has tightened compared to last year, with 19 fewer active listings — creating more competition among buyers.

The median listing price has risen 1.7% year-over-year, from $465,535 to $473,463.

Whether you are buying or selling in Elk River, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 44,149  ·  Density: 159.9/mi²  ·  Median household income: $108,077

Typical home value: $329,630  ·  Homeownership: 83.5%

Included Areas

Elk River: 55330

Area Map

Market Overview

Active Listings
214
⇩ 8.2% vs 233 last year
Pending
120
56% pending ratio
Median Price
$473,463
⇧ 1.7% vs $465,535 last year
Average Price
$508,116
⇧ 2.5% vs $495,881 last year
Days on Market
26
vs 26 days last year

Price Per Square Foot

Median $/sqft
$201
⇩ 6.9% vs $216/sqft last year
Median Home Size
2,407 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %