Call or Text (240) SELL-123
City / Town Overview

Elk River, MN

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

Market Analysis

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

The Elk River, MN real estate market currently shows 161 active listings, with 73 pending sales. Homes are averaging 39 days on the market before going under contract.

Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 39 days on market compared to 38 days last year.

The median listing price has risen 1.9% year-over-year, from $457,950 to $466,500.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for Elk River, MN and connect with motivated buyers & sellers.
Contact SELL123.com →

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
161
⇩ 4.7% vs 169 last year
Pending
73
45% pending ratio
Median Price
$466,500
⇧ 1.9% vs $457,950 last year
Average Price
$534,288
⇧ 15.7% vs $461,966 last year
Days on Market
39
⇧ 2.6% vs 38 days last year

Price Per Square Foot

Median $/sqft
$207
⇩ 1.4% vs $210/sqft last year
Median Home Size
2,278 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 %