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Elko New Market, MN 55054 Real Estate & Property Data

Elko New Market, MN 55054 Real Estate Market Trends

Last Updated: September 06, 2025

A total of 37 residential properties have been sold over the past 12 months in 55054. With a median sales price of $446,500 in 55054. Discover market trends and get the granular level real estate data for Elko New Market, MN 55054 to keep your pulse on the housing market. Curate compelling home reports for Elko New Market, MN 55054 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Elko New Market, MN 55054 Real Estate Market Trends

Get property data for any address in Elko New Market, MN 55054 or the country:

Total Residential Properties 824

Total Commercial Properties 20

Avg. Home Age (Single Family Home) 26 Years

Avg. Square Feet (Single Family Home) 1,712

Total 2025 Residential Sales (year-to-date) 19

% of Homes Seriously Underwater (Q3 2025) 0.97%

Total 2024 Residential Sales 30

% of Equity Rich Homes (Q3 2025) 33.86%

Effective 2024 Property Tax 1.01%

Total Foreclosure Filings (year-to-date) 3

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Elko New Market, MN 55054 Real Estate Overview

There were 37 residential properties sold in the past year in Elko New Market, MN 55054. The median home value in Elko New Market, MN 55054 is $439,031. There are a total of 824 residential properties in the 55054.

Median Sales Price i

$446,500

(Jun 2025)

+11.6%

year-over-year

y-o-y

June '25 Jun '25 $446,500
May '25 May '25 $502,500
April '25 Apr '25 $485,000
March '25 Mar '25 $396,500
February '25 Feb '25 N/A
January '25 Jan '25 $200,000
December '24 Dec '24 $420,000
November '24 Nov '24 N/A
October '24 Oct '24 $219,500
September '24 Sep '24 $252,200
August '24 Aug '24 $440,000
July '24 Jul '24 $485,000

Median Down Payment i

$20,294

(Jun 2025)

-49.3%

year-over-year

y-o-y

June '25 Jun '25 $20,294
May '25 May '25 $34,078
April '25 Apr '25 $65,400
March '25 Mar '25 $20,500
February '25 Feb '25 N/A
January '25 Jan '25 $5,409
December '24 Dec '24 $84,000
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 $16,312
August '24 Aug '24 $22,750
July '24 Jul '24 $110,000

Number of Homes Sold i

4

(Jun 2025)

+33.3%

year-over-year

y-o-y

June '25 Jun '25 4
May '25 May '25 3
April '25 Apr '25 5
March '25 Mar '25 3
February '25 Feb '25 N/A
January '25 Jan '25 4
December '24 Dec '24 3
November '24 Nov '24 N/A
October '24 Oct '24 3
September '24 Sep '24 3
August '24 Aug '24 3
July '24 Jul '24 3

Number of Purchase Loans i

4

(Jun 2025)

+100%

year-over-year

y-o-y

June '25 Jun '25 4
May '25 May '25 5
April '25 Apr '25 4
March '25 Mar '25 3
February '25 Feb '25 N/A
January '25 Jan '25 5
December '24 Dec '24 4
November '24 Nov '24 N/A
October '24 Oct '24 3
September '24 Sep '24 2
August '24 Aug '24 3
July '24 Jul '24 3

Number of REFI Loans i

3

(Jun 2025)

+200%

year-over-year

y-o-y

June '25 Jun '25 3
May '25 May '25 4
April '25 Apr '25 4
March '25 Mar '25 4
February '25 Feb '25 8
January '25 Jan '25 2
December '24 Dec '24 2
November '24 Nov '24 1
October '24 Oct '24 6
September '24 Sep '24 3
August '24 Aug '24 4
July '24 Jul '24 3

Number of HELOC Loans i

2

(Jun 2025)

+100%

year-over-year

y-o-y

June '25 Jun '25 2
May '25 May '25 1
April '25 Apr '25 2
March '25 Mar '25 2
February '25 Feb '25 1
January '25 Jan '25 1
December '24 Dec '24 1
November '24 Nov '24 3
October '24 Oct '24 3
September '24 Sep '24 1
August '24 Aug '24 N/A
July '24 Jul '24 N/A

Elko New Market, MN 55054 Real Estate Market Overview

Last 30 days

Street
Street
Street

1
2

Elko New Market, MN 55054 Foreclosure Activity

Total Foreclosure Filings i

June '25 Jun '25 N/A
May '25 May '25 1
April '25 Apr '25 N/A
March '25 Mar '25 N/A
February '25 Feb '25 2
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 1
July '24 Jul '24 N/A

Foreclosure Starts i

June '25 Jun '25 N/A
May '25 May '25 1
April '25 Apr '25 N/A
March '25 Mar '25 N/A
February '25 Feb '25 2
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 1
July '24 Jul '24 N/A

Nearby Zip Codes

1. 55020

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