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Elk River Home Values and Market Report

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Report prepared by Aarontrompeter.com A Trompeter Realty Company

Market at a glance

Over the last 12 months, homes sold for 102.2% of list price in 89 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $410K Sold · $408K
$470K$430K$390K$350K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 59 sales in Jun. Last month: 28.

Where the market stands

All homes in this report, by status.

651homes
Active131 · 20%
Under contract49 · 8%
Sold (12 mo)471 · 72%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

2.8months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$503K
Under contract$463K
Sold$404K

Average days on market

Active94 days
Under contract79 days
Sold89 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 131
Average list price $502,921
Avg. days on market 94 days
Avg. price per ft² $214 Based on 109 of 131 homes
Avg. living area 2,407 ft² Based on 109 of 131 homes
Avg. beds / baths 3.7 / 2.9

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

22 homes didn’t report living area and aren’t shown.

$1.5M$1M$500K$0

Price vs. living area: 109 homes plotted, up to $1.5M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

21 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

9848 218th Avenue NW$484
18195 152nd Street NW$421
TBD Salem Street NW$403
11039 181st Avenue NW$387
21675 Joplin Street NW$385
21443 Joplin Street NW$346
22146 Johnson Street NW$338

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
10159 189th Avenue NWElk River, MN 55330 431,986$385,000$1931 day
22053 County Road 15Elk River, MN 55330 432,632$599,999$2271 day
12394 193rd Lane NWElk River, MN 55330 432,507$445,000$1772 days
19758 Rush Street NWElk River, MN 55330 433,103$475,000$1534 days
7633 Norris Lake RoadElk River, MN 55330 443,306$439,000$1324 days
10867 181st Lane NWElk River, MN 55330 221,430$244,900$1716 days
19220 Freeport Court NWElk River, MN 55330 221,204$315,000$2615 days
12249 191st Avenue NWElk River, MN 55330 221,464$245,000$1677 days
13480 217th Avenue NWElk River, MN 55330 443,072$595,900$1935 days
18671 Zane Street NWElk River, MN 55330 332,492$360,000$1448 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.