Active Listings
66
⇩ 2.9% vs 68 last year
Data as of April 2026. Source: Realtor.com.
The LAKE ELMO, MN real estate market (55042) currently shows 66 active listings, with 25 pending sales. Homes are averaging 35 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 35 days on market compared to 33 days last year.
The median listing price has fallen 8.8% year-over-year, from $774,950 to $706,750.
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 April 2026, there are 66 active listings in LAKE ELMO, MN (zip code 55042), compared to 68 the prior year.
The median listing price in LAKE ELMO, MN 55042 is $706,750 as of April 2026, a 8.8% decrease from $774,950 the prior year.
Homes in LAKE ELMO, MN 55042 spend an average of 35 days on the market before going under contract, compared to 33 days the prior year.
Based on current inventory and days-on-market data as of April 2026, LAKE ELMO, MN 55042 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 35 days on market compared to 33 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE ELMO, MN 55042 save an estimated $14,135 compared to a typical 5% commission on the median listing price of $706,750. 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.