Elk River, MN Real Estate & Property Data

Elk River Real Estate Market Trends
Last Updated: April 22, 2025

Accurate and comprehensive real estate data is critical for insight into Elk River, MN 55330. ATTOM’s Elk River real estate data is updated daily, and current market trends show that in Elk River, MN a total of 658 residential properties have sold over the past year. With a median home price of $391,500 in Elk River and a total of 2 foreclosures. Get detailed property data for Elk River, MN instantly. ATTOM is your one-stop-shop for the Elk River property reports and real estate data you need in Elk River, MN.

Elk River Real Estate Market Trends
Total Residential Properties 15,294
Total Commercial Properties 519
Avg. Home Age (Single Family Home) 30 Years
Avg. Square Feet (Single Family Home) 1,440
Total 2025 Residential Sales (year-to-date) 87
% of Homes Seriously Underwater (Q2 2025) 0.79%
Total 2024 Residential Sales 610
% of Equity Rich Homes (Q2 2025) 36.71%
Effective 2024 Property Tax 1.09%
Total Foreclosure Filings (year-to-date) 5
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Elk River, MN 55330 Real Estate Overview

There were 658 residential properties sold in the past year in Elk River, MN 55330. The median home value in Elk River, MN 55330 is $403,905. There are a total of 15,294 residential properties in the 55330.

Median Sales Price i
$391,500
(Feb 2025)
-7.9%
year-over-year
y-o-y
  • February '25 Feb '25 $391,500
  • January '25 Jan '25 $409,900
  • December '24 Dec '24 $395,000
  • November '24 Nov '24 $365,250
  • October '24 Oct '24 $366,950
  • September '24 Sep '24 $365,000
  • August '24 Aug '24 $400,000
  • July '24 Jul '24 $364,950
  • June '24 Jun '24 $389,200
  • May '24 May '24 $374,000
  • April '24 Apr '24 $362,500
  • March '24 Mar '24 $409,900
Median Down Payment i
$40,228
(Feb 2025)
+36.9%
year-over-year
y-o-y
  • February '25 Feb '25 $40,228
  • January '25 Jan '25 $27,601
  • December '24 Dec '24 $40,000
  • November '24 Nov '24 $70,425
  • October '24 Oct '24 $41,980
  • September '24 Sep '24 $43,500
  • August '24 Aug '24 $60,000
  • July '24 Jul '24 $35,900
  • June '24 Jun '24 $72,500
  • May '24 May '24 $57,500
  • April '24 Apr '24 $27,575
  • March '24 Mar '24 $48,550
Number of Homes Sold i
27
(Feb 2025)
-6.9%
year-over-year
y-o-y
  • February '25 Feb '25 27
  • January '25 Jan '25 60
  • December '24 Dec '24 55
  • November '24 Nov '24 55
  • October '24 Oct '24 64
  • September '24 Sep '24 69
  • August '24 Aug '24 58
  • July '24 Jul '24 30
  • June '24 Jun '24 52
  • May '24 May '24 53
  • April '24 Apr '24 59
  • March '24 Mar '24 47
Number of Purchase Loans i
24
(Feb 2025)
-20%
year-over-year
y-o-y
  • February '25 Feb '25 24
  • January '25 Jan '25 47
  • December '24 Dec '24 48
  • November '24 Nov '24 52
  • October '24 Oct '24 57
  • September '24 Sep '24 72
  • August '24 Aug '24 52
  • July '24 Jul '24 38
  • June '24 Jun '24 50
  • May '24 May '24 51
  • April '24 Apr '24 59
  • March '24 Mar '24 51
Number of REFI Loans i
17
(Feb 2025)
-48.5%
year-over-year
y-o-y
  • February '25 Feb '25 17
  • January '25 Jan '25 32
  • December '24 Dec '24 41
  • November '24 Nov '24 44
  • October '24 Oct '24 41
  • September '24 Sep '24 34
  • August '24 Aug '24 35
  • July '24 Jul '24 35
  • June '24 Jun '24 36
  • May '24 May '24 50
  • April '24 Apr '24 27
  • March '24 Mar '24 30
Number of HELOC Loans i
7
(Feb 2025)
-61.1%
year-over-year
y-o-y
  • February '25 Feb '25 7
  • January '25 Jan '25 28
  • December '24 Dec '24 30
  • November '24 Nov '24 17
  • October '24 Oct '24 21
  • September '24 Sep '24 26
  • August '24 Aug '24 19
  • July '24 Jul '24 25
  • June '24 Jun '24 17
  • May '24 May '24 33
  • April '24 Apr '24 19
  • March '24 Mar '24 15

Elk River, MN 55330 Foreclosure Activity

There were a total of 2 Elk River, MN 55330 properties with a foreclosure filing in February 2025. Lenders started the foreclosure process on 2 Elk River, MN 55330 properties and repossessed 1 Elk River, MN 55330 properties through completed foreclosures (REOs) in February 2025.

Total Foreclosure Filings i
2
(Feb 2025)
-66.7%
year-over-year
y-o-y
  • February '25 Feb '25 2
  • January '25 Jan '25 3
  • December '24 Dec '24 3
  • November '24 Nov '24 1
  • October '24 Oct '24 1
  • September '24 Sep '24 N/A
  • August '24 Aug '24 4
  • July '24 Jul '24 2
  • June '24 Jun '24 N/A
  • May '24 May '24 2
  • April '24 Apr '24 3
  • March '24 Mar '24 N/A
Foreclosure Starts i
2
(Feb 2025)
-66.7%
year-over-year
y-o-y
  • February '25 Feb '25 2
  • January '25 Jan '25 3
  • December '24 Dec '24 3
  • November '24 Nov '24 1
  • October '24 Oct '24 1
  • September '24 Sep '24 N/A
  • August '24 Aug '24 4
  • July '24 Jul '24 2
  • June '24 Jun '24 N/A
  • May '24 May '24 2
  • April '24 Apr '24 3
  • March '24 Mar '24 N/A
Completed Foreclosures (REOs) i
1
(Feb 2025)
  • February '25 Feb '25 1
  • 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 N/A
  • July '24 Jul '24 1
  • June '24 Jun '24 N/A
  • May '24 May '24 N/A
  • April '24 Apr '24 N/A
  • March '24 Mar '24 N/A
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