Active Listings
62
⇩ 34% vs 94 last year
Data as of September 2026. Source: Realtor.com.
The LAKE ELMO, MN real estate market (55042) currently shows 62 active listings, with 22 pending sales. Homes are averaging 43 days on the market before going under contract.
Inventory has tightened compared to last year, with 32 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 43 days on market compared to 52 days last year.
The median listing price has risen 6.9% year-over-year, from $732,250 to $782,500.
Population: 12,647 · Density: 196.3/mi² · Median household income: $157,923
Typical home value: $558,531 · Homeownership: 92.2%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 55042 | Lake Elmo, MN 55042 | 0.0 mi | 63 | $53,289,117 | $690,000 | $845,859 |
| 55090 | Willernie, MN 55090 | 5.1 mi | 1 | $349,900 | $349,900 | $349,900 |
| 55115 | Saint Paul, MN 55115 | 5.7 mi | 23 | $19,322,553 | $772,475 | $840,111 |
| 55082 | Stillwater, MN 55082 | 6.3 mi | 81 | $67,874,760 | $579,750 | $837,960 |
| 55119 | Saint Paul, MN 55119 | 6.4 mi | 84 | $28,239,708 | $299,950 | $336,187 |
| 55043 | Lakeland, MN 55043 | 7.3 mi | 4 | $1,379,600 | $344,900 | $344,900 |
| 55106 | Saint Paul, MN 55106 | 7.7 mi | 115 | $29,321,665 | $257,400 | $254,971 |
| 54082 | Houlton, WI 54082 | 8.8 mi | 7 | $8,452,500 | $1,250,000 | $1,207,500 |
| 55055 | Newport, MN 55055 | 9.5 mi | 9 | $3,333,015 | $348,650 | $370,335 |
| 55117 | Saint Paul, MN 55117 | 9.7 mi | 79 | $26,591,163 | $248,750 | $336,597 |
| 54016 | Hudson, WI 54016 | 10.1 mi | 97 | $83,276,731 | $727,400 | $858,523 |
| 55127 | Saint Paul, MN 55127 | 11.0 mi | 81 | $61,523,388 | $629,425 | $759,548 |
| 55102 | Saint Paul, MN 55102 | 11.7 mi | 67 | $21,759,322 | $233,750 | $324,766 |
As of September 2026, there are 62 active listings in LAKE ELMO, MN (zip code 55042), compared to 94 the prior year.
The median listing price in LAKE ELMO, MN 55042 is $782,500 as of September 2026, a 6.9% increase from $732,250 the prior year.
Homes in LAKE ELMO, MN 55042 spend an average of 43 days on the market before going under contract, compared to 52 days the prior year.
Based on current inventory and days-on-market data as of September 2026, LAKE ELMO, MN 55042 is currently a Seller's Market. Inventory has tightened compared to last year, with 32 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 43 days on market compared to 52 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE ELMO, MN 55042 save an estimated $15,650 compared to a typical 5% commission on the median listing price of $782,500. 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.