Elk River, MN
Housing market overview · Updated weekly
$399,950median sale price
Homes sold
28
Last 12 weeks
Days on market
38
Average pace
Active listings
50
1.8 months supply
Sale-to-list
99.3%
Below asking
The Elk River housing market is currently classified as a seller's market with a median sale price of $399,950. Prices have fallen 1.6% compared to last year, with homes spending an average of 38 days on market, indicating 1.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Elk River
There are currently 50 homes listed for sale in Elk River, Minnesota. The median listing price is $462K.
Active listings
50
Homes on market
Median list price
$462K
Avg. days on market
38
Days until sale
New this week
29
Newly listed
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Frequently asked questions
What is the average home price in Elk River?
The median home sale price in Elk River is $399,950, down 1.6% from last year.
How long do homes stay on market in Elk River?
Homes typically spend 38 days on market before going under contract.
Is Elk River a buyer's or seller's market?
With 1.8 months of supply, Elk River is currently a seller's market.
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