Active Listings
63
⇧ 8.6% vs 58 last year
Data as of February 2026. Source: Realtor.com.
The LAKE ELMO, MN real estate market (55042) currently shows 63 active listings, with 25 pending sales. Homes are averaging 48 days on the market before going under contract.
Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 48 days on market compared to 40 days last year.
The median listing price has fallen 17.9% year-over-year, from $840,910 to $690,000.
Whether you are buying or selling in LAKE ELMO, 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.
Population: 12,647 · Density: 196.3/mi² · Median household income: $157,923
Typical home value: $558,531 · Homeownership: 92.2%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 55042 | Lake Elmo, MN 55042 | 0.0 mi | 53 | $43,950,568 | $662,500 | $829,256 |
| 55090 | Willernie, MN 55090 | 5.1 mi | 1 | $349,900 | $349,900 | $349,900 |
| 55115 | Saint Paul, MN 55115 | 5.7 mi | 21 | $17,281,383 | $830,000 | $822,923 |
| 55082 | Stillwater, MN 55082 | 6.3 mi | 72 | $64,084,752 | $575,000 | $890,066 |
| 55119 | Saint Paul, MN 55119 | 6.4 mi | 72 | $23,249,736 | $279,000 | $322,913 |
| 55043 | Lakeland, MN 55043 | 7.3 mi | 6 | $2,287,200 | $349,900 | $381,200 |
| 55106 | Saint Paul, MN 55106 | 7.7 mi | 102 | $26,211,552 | $265,000 | $256,976 |
| 54082 | Houlton, WI 54082 | 8.8 mi | 8 | $9,545,336 | $845,000 | $1,193,167 |
| 55055 | Newport, MN 55055 | 9.5 mi | 6 | $1,876,560 | $289,900 | $312,760 |
| 55117 | Saint Paul, MN 55117 | 9.7 mi | 68 | $22,480,188 | $249,900 | $330,591 |
| 54016 | Hudson, WI 54016 | 10.1 mi | 93 | $75,525,672 | $699,900 | $812,104 |
| 55127 | Saint Paul, MN 55127 | 11.0 mi | 73 | $55,819,085 | $689,400 | $764,645 |
| 55102 | Saint Paul, MN 55102 | 11.7 mi | 65 | $21,234,460 | $244,000 | $326,684 |
As of February 2026, there are 63 active listings in LAKE ELMO, MN (zip code 55042), compared to 58 the prior year.
The median listing price in LAKE ELMO, MN 55042 is $690,000 as of February 2026, a 17.9% decrease from $840,910 the prior year.
Homes in LAKE ELMO, MN 55042 spend an average of 48 days on the market before going under contract, compared to 40 days the prior year.
Based on current inventory and days-on-market data as of February 2026, LAKE ELMO, MN 55042 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 48 days on market compared to 40 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE ELMO, MN 55042 save an estimated $13,800 compared to a typical 5% commission on the median listing price of $690,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.