Active Listings
21
⇧ 10.5% vs 19 last year
Population: 4,319 · Density: 70.0/mi² · Median household income: $140,417
Typical home value: $419,398 · Homeownership: 99.5%
Data as of January 2026. Source: Realtor.com.
The ELKO NEW MARKET, MN real estate market (55020) currently shows 21 active listings, with 5 pending sales. Homes are averaging 72 days on the market before going under contract.
Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 72 days on market compared to 41 days last year.
The median listing price has fallen 3.5% year-over-year, from $580,425 to $559,945.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 55020 | Elko New Market, MN 55020 | 0.0 mi | 21 | $12,303,858 | $559,945 | $585,898 |
| 55088 | Webster, MN 55088 | 3.3 mi | 3 | $2,489,700 | $829,900 | $829,900 |
| 55372 | Prior Lake, MN 55372 | 7.2 mi | 99 | $97,086,825 | $775,000 | $980,675 |
| 56071 | New Prague, MN 56071 | 10.7 mi | 26 | $11,660,480 | $442,450 | $448,480 |
| 55352 | Jordan, MN 55352 | 11.7 mi | 26 | $18,281,562 | $547,611 | $703,137 |
| 55024 | Farmington, MN 55024 | 12.2 mi | 140 | $66,149,860 | $467,000 | $472,499 |
| 55019 | Dundas, MN 55019 | 12.9 mi | 7 | $2,619,260 | $404,950 | $374,180 |
| 55379 | Shakopee, MN 55379 | 14.2 mi | 154 | $80,830,288 | $509,950 | $524,872 |
| 55337 | Burnsville, MN 55337 | 14.6 mi | 82 | $24,152,198 | $270,000 | $294,539 |
| 55437 | Minneapolis, MN 55437 | 17.1 mi | 24 | $7,576,104 | $320,000 | $315,671 |
| 55065 | Randolph, MN 55065 | 17.6 mi | 3 | $1,499,799 | $499,900 | $499,933 |
| 55347 | Eden Prairie, MN 55347 | 18.0 mi | 97 | $85,538,674 | $638,950 | $881,842 |
| 55420 | Minneapolis, MN 55420 | 18.5 mi | 25 | $7,971,300 | $339,900 | $318,852 |
As of January 2026, there are 21 active listings in ELKO NEW MARKET, MN (zip code 55020), compared to 19 the prior year.
The median listing price in ELKO NEW MARKET, MN 55020 is $559,945 as of January 2026, a 3.5% decrease from $580,425 the prior year.
Homes in ELKO NEW MARKET, MN 55020 spend an average of 72 days on the market before going under contract, compared to 41 days the prior year.
Based on current inventory and days-on-market data as of January 2026, ELKO NEW MARKET, MN 55020 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 72 days on market compared to 41 days last year.
With SELL123.com's maximum 3% commission, sellers in ELKO NEW MARKET, MN 55020 save an estimated $11,199 compared to a typical 5% commission on the median listing price of $559,945. 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.