Active Listings
31
⇩ 16.2% vs 37 last year
Data as of April 2026. Source: Realtor.com.
The ELKO NEW MARKET, MN real estate market (55020) currently shows 31 active listings, with 15 pending sales. Homes are averaging 52 days on the market before going under contract.
Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 52 days on market compared to 53 days last year.
The median listing price has fallen 10.1% year-over-year, from $632,233 to $568,655.
Whether you are buying or selling in ELKO NEW MARKET, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 4,319 · Density: 70.0/mi² · Median household income: $140,417
Typical home value: $419,398 · Homeownership: 99.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 55020 | Elko New Market, MN 55020 | 0.0 mi | 24 | $13,748,064 | $560,563 | $572,836 |
| 55088 | Webster, MN 55088 | 3.3 mi | 5 | $3,543,375 | $708,675 | $708,675 |
| 55372 | Prior Lake, MN 55372 | 7.2 mi | 117 | $109,222,893 | $749,431 | $933,529 |
| 56071 | New Prague, MN 56071 | 10.7 mi | 38 | $16,871,316 | $427,475 | $443,982 |
| 55352 | Jordan, MN 55352 | 11.7 mi | 42 | $26,777,730 | $494,230 | $637,565 |
| 55024 | Farmington, MN 55024 | 12.2 mi | 139 | $65,235,202 | $469,889 | $469,318 |
| 55019 | Dundas, MN 55019 | 12.9 mi | 10 | $3,989,500 | $416,225 | $398,950 |
| 55379 | Shakopee, MN 55379 | 14.2 mi | 155 | $81,939,975 | $511,348 | $528,645 |
| 55337 | Burnsville, MN 55337 | 14.6 mi | 100 | $31,582,700 | $299,950 | $315,827 |
| 55437 | Minneapolis, MN 55437 | 17.1 mi | 31 | $10,023,075 | $314,100 | $323,325 |
| 55065 | Randolph, MN 55065 | 17.6 mi | 3 | $1,487,301 | $499,900 | $495,767 |
| 55347 | Eden Prairie, MN 55347 | 18.0 mi | 101 | $89,170,880 | $639,725 | $882,880 |
| 55420 | Minneapolis, MN 55420 | 18.5 mi | 30 | $9,347,010 | $334,950 | $311,567 |
As of April 2026, there are 31 active listings in ELKO NEW MARKET, MN (zip code 55020), compared to 37 the prior year.
The median listing price in ELKO NEW MARKET, MN 55020 is $568,655 as of April 2026, a 10.1% decrease from $632,233 the prior year.
Homes in ELKO NEW MARKET, MN 55020 spend an average of 52 days on the market before going under contract, compared to 53 days the prior year.
Based on current inventory and days-on-market data as of April 2026, ELKO NEW MARKET, MN 55020 is currently a Seller's Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 52 days on market compared to 53 days last year.
With SELL123.com's maximum 3% commission, sellers in ELKO NEW MARKET, MN 55020 save an estimated $11,373 compared to a typical 5% commission on the median listing price of $568,655. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.