Active Listings
53
— vs 53 last year
Population: 12,647 · Density: 196.3/mi² · Median household income: $157,923
Typical home value: $558,531 · Homeownership: 92.2%
Data as of January 2026. Source: Realtor.com.
The LAKE ELMO, MN real estate market (55042) currently shows 53 active listings, with 15 pending sales. Homes are averaging 70 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are taking longer to sell, averaging 70 days on market compared to 42 days last year.
The median listing price has fallen 22% year-over-year, from $849,710 to $662,500.
Whether you are buying or selling in LAKE ELMO, 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 $ |
|---|---|---|---|---|---|---|
| 55042 | Lake Elmo, MN 55042 | 0.0 mi | 53 | $43,950,568 | $662,500 | $829,256 |
| 55090 | Willernie, MN 55090 | 5.1 mi | 1 | $349,900 | $349,900 | $349,900 |
| 55115 | Saint Paul, MN 55115 | 5.7 mi | 21 | $17,281,383 | $830,000 | $822,923 |
| 55082 | Stillwater, MN 55082 | 6.3 mi | 72 | $64,084,752 | $575,000 | $890,066 |
| 55119 | Saint Paul, MN 55119 | 6.4 mi | 72 | $23,249,736 | $279,000 | $322,913 |
| 55043 | Lakeland, MN 55043 | 7.3 mi | 6 | $2,287,200 | $349,900 | $381,200 |
| 55106 | Saint Paul, MN 55106 | 7.7 mi | 102 | $26,211,552 | $265,000 | $256,976 |
| 54082 | Houlton, WI 54082 | 8.8 mi | 8 | $9,545,336 | $845,000 | $1,193,167 |
| 55055 | Newport, MN 55055 | 9.5 mi | 6 | $1,876,560 | $289,900 | $312,760 |
| 55117 | Saint Paul, MN 55117 | 9.7 mi | 68 | $22,480,188 | $249,900 | $330,591 |
| 54016 | Hudson, WI 54016 | 10.1 mi | 93 | $75,525,672 | $699,900 | $812,104 |
| 55127 | Saint Paul, MN 55127 | 11.0 mi | 73 | $55,819,085 | $689,400 | $764,645 |
| 55102 | Saint Paul, MN 55102 | 11.7 mi | 65 | $21,234,460 | $244,000 | $326,684 |
As of January 2026, there are 53 active listings in LAKE ELMO, MN (zip code 55042), compared to 53 the prior year.
The median listing price in LAKE ELMO, MN 55042 is $662,500 as of January 2026, a 22% decrease from $849,710 the prior year.
Homes in LAKE ELMO, MN 55042 spend an average of 70 days on the market before going under contract, compared to 42 days the prior year.
Based on current inventory and days-on-market data as of January 2026, LAKE ELMO, MN 55042 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 70 days on market compared to 42 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE ELMO, MN 55042 save an estimated $13,250 compared to a typical 5% commission on the median listing price of $662,500. 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.