How much does it cost to buy a house in Elko New Market, MN?

In May 2026 Elko New Market homes were listed to buy for a median price of $493K, which is a 6% decrease to April 2025 last month, and a 6% decrease to May 2025 last year. The median value of a home listed to buy in Elko New Market in May 2026 was $213 per sqft,

Is it affordable or expensive to live in Elko New Market, MN?

It is expensive to live in Elko New Market. Buying a home in Elko New Market is 1% more expensive compared with the national average.

Is the Elko New Market, MN housing market slowing down?

In May 2026, homes to buy in Elko New Market spent an median 53 days on the market, a same May 2025 last year.

What are the best and safest places to live in Elko New Market, MN?

The best and safest neighborhoods to live in Elko New Market in May 2026 are Lake Villa Golf Estates, Middle Creek, Cedar Isle Estates, Fieldstone Creek, Palomino Hills, Dodd Marsh Highlands, Summit Shores, Crystal Lake, River Hills, Cobblestone Lake, Walden Townhouse, Birnamwood, Vermillion Grove, Crossroads, Orchard Pointe, Cedar Pointe, Morningview, Springbrook, River Woods, Itokah Valley

How much money should I make to buy a house in Elko New Market, MN?

In May 2026, Elko New Market homes were listed to buy for a median price of $493K, with 25% down you would need $2.82K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $96.9K.

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Elko New Market, MN Real Estate Snapshot

List Price

$497,000

$/Sqft

$212

Homes For Sale

Home Size

2,402 Sqft

Days on Movoto

Frequently Asked Questions about Elko New Market, MN

The Movoto Advantage

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