Elko New Market, MN
Housing market overview · Updated weekly
$400,250median sale price
Homes sold
8
Last 12 weeks
Days on market
32
Average pace
Active listings
35
4.4 months supply
Sale-to-list
96.3%
Below asking
The Elko New Market housing market is currently classified as a balanced market with a median sale price of $400,250. Prices have risen 4.9% compared to last year, with homes spending an average of 32 days on market, indicating 4.4 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 Elko New Market
There are currently 35 homes listed for sale in Elko New Market, Minnesota. The median listing price is $490K.
Active listings
35
Homes on market
Median list price
$490K
Avg. days on market
32
Days until sale
New this week
12
Newly listed
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Frequently asked questions
What is the average home price in Elko New Market?
The median home sale price in Elko New Market is $400,250, up 4.9% from last year.
How long do homes stay on market in Elko New Market?
Homes typically spend 32 days on market before going under contract.
Is Elko New Market a buyer's or seller's market?
With 4.4 months of supply, Elko New Market is currently a balanced market.
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