Call or Text (240) SELL-123

ELK RIVER, MN 55330

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The ELK RIVER, MN real estate market (55330) 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 55330 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%

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

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 161 this year vs 169 last year
  • Days on market: 39 now vs 38 last year

Median & Average Pricing

Year over Year
  • Median: $466,500 (+1.9% YoY)
  • Average: $534,288 (+15.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.6 miles — 909 listings ($459,119,678 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55330Elk River, MN 553300.0 mi140$73,823,400$464,950$527,310
55303Anoka, MN 553037.7 mi150$61,632,300$374,900$410,882
55309Big Lake, MN 553098.9 mi48$22,186,896$414,900$462,227
55327Dayton, MN 5532710.3 mi40$24,671,640$621,365$616,791
55374Rogers, MN 5537410.8 mi116$62,411,596$494,568$538,031
55362Monticello, MN 5536213.2 mi57$24,209,097$402,198$424,721
55308Becker, MN 5530814.6 mi23$8,838,394$379,000$384,278
55011Cedar, MN 5501115.3 mi50$32,342,950$664,950$646,859
55311Maple Grove, MN 5531116.2 mi107$76,296,992$544,500$713,056
55040Isanti, MN 5504016.8 mi61$25,689,479$394,950$421,139
55371Princeton, MN 5537116.9 mi27$14,886,720$512,450$551,360
55445Minneapolis, MN 5544517.2 mi28$7,634,200$239,900$272,650
55313Buffalo, MN 5531317.6 mi62$24,496,014$399,000$395,097

Frequently Asked Questions

How many homes are for sale in ELK RIVER, MN 55330?

As of February 2026, there are 161 active listings in ELK RIVER, MN (zip code 55330), compared to 169 the prior year.

What is the median home price in ELK RIVER, MN 55330?

The median listing price in ELK RIVER, MN 55330 is $466,500 as of February 2026, a 1.9% increase from $457,950 the prior year.

How long do homes stay on the market in ELK RIVER, MN?

Homes in ELK RIVER, MN 55330 spend an average of 39 days on the market before going under contract, compared to 38 days the prior year.

Is it a seller's or buyer's market in ELK RIVER, MN 55330?

Based on current inventory and days-on-market data as of February 2026, ELK RIVER, MN 55330 is currently a Balanced Market. 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.

How much can I save on real estate commission in ELK RIVER, MN?

With SELL123.com's maximum 3% commission, sellers in ELK RIVER, MN 55330 save an estimated $9,330 compared to a typical 5% commission on the median listing price of $466,500. 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.