Active Listings
63
⇧ 3.3% vs 61 last year
Data as of March 2026. Source: Realtor.com.
The LAKE ELMO, MN real estate market (55042) currently shows 63 active listings, with 28 pending sales. Homes are averaging 39 days on the market before going under contract.
Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.
Homes are selling faster, averaging 39 days on market compared to 42 days last year.
The median listing price has fallen 15.8% year-over-year, from $839,900 to $707,450.
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 March 2026, there are 63 active listings in LAKE ELMO, MN (zip code 55042), compared to 61 the prior year.
The median listing price in LAKE ELMO, MN 55042 is $707,450 as of March 2026, a 15.8% decrease from $839,900 the prior year.
Homes in LAKE ELMO, MN 55042 spend an average of 39 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 March 2026, LAKE ELMO, MN 55042 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 39 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 $14,149 compared to a typical 5% commission on the median listing price of $707,450. 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.