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Median sale price
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ZIP 55054 in Elko New Market, MN: housing market trends

The median home sale price in ZIP 55054 in Elko New Market, MN was $474,860 for the three-month period ending September 2026. Sale prices were 14.1% 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
$474,860
three-month period ending September 2026
Median sale price per sq ft
$191.64
three-month period ending September 2026
Active listings
31
three-month period ending September 2026
Typical monthly rent
Unavailable
Rent index · unavailable date

How is housing inventory changing?

There were 31 active listings for the three-month period ending September 2026. Active listings were 31.1% 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 47 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 ZIP 55054 in Elko New Market, MN
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$474,860$191.6413
Single-familySeptember 2026$480,061$199.7912
TownhousesSeptember 2026$295,000$191.671 · small sample
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 ZIP 55054 in Elko New Market, MN
MarketMedian sale priceReporting period / source
Elko New Market, MN$464,7793 months ending September 2026 · Redfin
Webster, MNUnavailableMonth ending unavailable date · Zillow
Lonsdale, MN$389,7643 months ending September 2026 · Redfin
Lakeville, MN$491,000Month ending July 2026 · Zillow
Farmington, MN$384,8173 months ending September 2026 · Redfin
New Prague, MN$379,8193 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 ZIP 55054 in Elko New Market, MN
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$474,860$191.6431
August 2026$475,100$196.5033
July 2026$475,000$196.4341
June 2026$461,250$192.9045
May 2026$449,947$197.0444
April 2026$438,303$192.4943
March 2026$425,000$193.3050
February 2026$407,500$180.1052
January 2026$383,750$180.1054
December 2025$370,250$167.2543
November 2025$422,300$162.6145
October 2025$402,500$162.6143
September 2025$416,000$165.0745
August 2025$417,000$184.5440
July 2025$423,287$189.4439
June 2025$457,453$187.5636
May 2025$446,500$189.3830
April 2025$443,950$174.9524
March 2025$396,500$161.8419
February 2025$374,900$156.4218
January 2025$398,500$169.2722
December 2024$398,500$179.1824
November 2024$409,000$206.9521
October 2024$362,000$178.6115

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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