Active Listings
19
⇩ 13.6% vs 22 last year
Data as of July 2026. Source: Realtor.com.
The ELKO NEW MARKET, MN real estate market (55054) currently shows 19 active listings, with 10 pending sales. Homes are averaging 49 days on the market before going under contract.
Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 49 days on market compared to 41 days last year.
The median listing price has risen 5.6% year-over-year, from $419,000 to $442,445.
Whether you are buying or selling in ELKO NEW MARKET, 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: 2,635 · Density: 993.7/mi² · Median household income: $152,500
Typical home value: $397,294 · Homeownership: 83.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 55054 | Elko New Market, MN 55054 | 0.0 mi | 31 | $14,565,040 | $457,995 | $469,840 |
| 55088 | Webster, MN 55088 | 3.4 mi | 5 | $3,543,375 | $708,675 | $708,675 |
| 55372 | Prior Lake, MN 55372 | 8.0 mi | 117 | $109,222,893 | $749,431 | $933,529 |
| 55057 | Northfield, MN 55057 | 10.9 mi | 75 | $49,253,850 | $468,225 | $656,718 |
| 55306 | Burnsville, MN 55306 | 11.4 mi | 37 | $15,126,155 | $388,175 | $408,815 |
| 55019 | Dundas, MN 55019 | 12.0 mi | 10 | $3,989,500 | $416,225 | $398,950 |
| 55352 | Jordan, MN 55352 | 12.9 mi | 42 | $26,777,730 | $494,230 | $637,565 |
| 56069 | Montgomery, MN 56069 | 14.5 mi | 30 | $11,591,070 | $376,100 | $386,369 |
| 55379 | Shakopee, MN 55379 | 15.1 mi | 155 | $81,939,975 | $511,348 | $528,645 |
| 55437 | Minneapolis, MN 55437 | 17.5 mi | 31 | $10,023,075 | $314,100 | $323,325 |
| 55431 | Minneapolis, MN 55431 | 17.7 mi | 27 | $10,739,844 | $385,500 | $397,772 |
| 55068 | Rosemount, MN 55068 | 17.9 mi | 171 | $89,845,281 | $531,995 | $525,411 |
| 55347 | Eden Prairie, MN 55347 | 18.7 mi | 101 | $89,170,880 | $639,725 | $882,880 |
As of July 2026, there are 19 active listings in ELKO NEW MARKET, MN (zip code 55054), compared to 22 the prior year.
The median listing price in ELKO NEW MARKET, MN 55054 is $442,445 as of July 2026, a 5.6% increase from $419,000 the prior year.
Homes in ELKO NEW MARKET, MN 55054 spend an average of 49 days on the market before going under contract, compared to 41 days the prior year.
Based on current inventory and days-on-market data as of July 2026, ELKO NEW MARKET, MN 55054 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 49 days on market compared to 41 days last year.
With SELL123.com's maximum 3% commission, sellers in ELKO NEW MARKET, MN 55054 save an estimated $8,849 compared to a typical 5% commission on the median listing price of $442,445. 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.