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Median sale price
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Lake Elmo, MN: housing market trends

The median home sale price in Lake Elmo, MN was $689,672 for the three-month period ending September 2026. Sale prices were 11.2% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$689,672
three-month period ending September 2026
Median sale price per sq ft
$237.97
three-month period ending September 2026
Active listings
134
three-month period ending September 2026
Typical monthly rent
Unavailable
Rent index · unavailable date

How is housing inventory changing?

There were 134 active listings for the three-month period ending September 2026. Active listings were 7.6% lower than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 28 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for Lake Elmo, MN
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$689,672$237.9781
Single-familySeptember 2026$770,643$243.8974
TownhousesSeptember 2026$525,006$206.727 · small sample
Condos / co-opsSeptember 2026UnavailableUnavailableUnavailable
Multifamily (2–4 units)September 2026UnavailableUnavailableUnavailable

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for Lake Elmo, MN
MarketMedian sale priceReporting period / source
Oakdale, MN$375,5213 months ending September 2026 · Redfin
Pine Springs, MN$290,0003 months ending February 2026 · Redfin
Willernie, MN$294,8603 months ending September 2026 · Redfin
Woodbury, MN$475,000Month ending July 2026 · Zillow
Oak Park Heights, MN$479,7723 months ending September 2026 · Redfin
Mahtomedi, MN$519,2533 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for Lake Elmo, MN
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$689,672$237.97134
August 2026$767,000$235.62138
July 2026$751,000$235.20144
June 2026$737,500$232.41130
May 2026$675,000$235.20128
April 2026$609,900$236.05114
March 2026$591,000$236.16103
February 2026$578,100$245.7993
January 2026$594,950$238.5087
December 2025$599,900$236.59104
November 2025$628,250$233.27125
October 2025$640,921$228.40141
September 2025$620,000$231.33145
August 2025$650,000$247.43136
July 2025$697,500$257.74134
June 2025$852,000$258.10127
May 2025$675,000$240.00121
April 2025$690,000$225.66110
March 2025$669,500$220.14100
February 2025$597,000$219.6084
January 2025$599,950$216.8181
December 2024$644,771$217.5881
November 2024$664,500$216.81106
October 2024$670,000$219.36119

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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