Active Listings
54
⇧ 68.8% vs 32 last year
Data as of September 2026. Source: Realtor.com.
The ELKO NEW MARKET, MN real estate market (55020) currently shows 54 active listings, with 15 pending sales. Homes are averaging 47 days on the market before going under contract.
Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice.
Homes are selling faster, averaging 47 days on market compared to 58 days last year.
The median listing price has fallen 1.4% year-over-year, from $554,974 to $547,440.
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 September 2026, there are 54 active listings in ELKO NEW MARKET, MN (zip code 55020), compared to 32 the prior year.
The median listing price in ELKO NEW MARKET, MN 55020 is $547,440 as of September 2026, a 1.4% decrease from $554,974 the prior year.
Homes in ELKO NEW MARKET, MN 55020 spend an average of 47 days on the market before going under contract, compared to 58 days the prior year.
Based on current inventory and days-on-market data as of September 2026, ELKO NEW MARKET, MN 55020 is currently a Balanced Market. Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice. Homes are selling faster, averaging 47 days on market compared to 58 days last year.
With SELL123.com's maximum 3% commission, sellers in ELKO NEW MARKET, MN 55020 save an estimated $10,949 compared to a typical 5% commission on the median listing price of $547,440. 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.