Active Listings
74
⇩ 21.3% vs 94 last year
Data as of July 2026. Source: Realtor.com.
The LAKE ELMO, MN real estate market (55042) currently shows 74 active listings, with 24 pending sales. Homes are averaging 38 days on the market before going under contract.
Inventory has tightened compared to last year, with 20 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 38 days on market compared to 43 days last year.
The median listing price has risen 10.7% year-over-year, from $738,725 to $817,975.
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.
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 July 2026, there are 74 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 $817,975 as of July 2026, a 10.7% increase from $738,725 the prior year.
Homes in LAKE ELMO, MN 55042 spend an average of 38 days on the market before going under contract, compared to 43 days the prior year.
Based on current inventory and days-on-market data as of July 2026, LAKE ELMO, MN 55042 is currently a Seller's Market. Inventory has tightened compared to last year, with 20 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 38 days on market compared to 43 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE ELMO, MN 55042 save an estimated $16,360 compared to a typical 5% commission on the median listing price of $817,975. 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.