Active Listings
29
⇧ 93.3% vs 15 last year
Data as of March 2026. Source: Realtor.com.
The ELKO NEW MARKET, MN real estate market (55054) currently shows 29 active listings, with 10 pending sales. Homes are averaging 61 days on the market before going under contract.
Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 61 days on market compared to 23 days last year.
The median listing price has risen 18% year-over-year, from $389,950 to $459,950.
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 March 2026, there are 29 active listings in ELKO NEW MARKET, MN (zip code 55054), compared to 15 the prior year.
The median listing price in ELKO NEW MARKET, MN 55054 is $459,950 as of March 2026, a 18% increase from $389,950 the prior year.
Homes in ELKO NEW MARKET, MN 55054 spend an average of 61 days on the market before going under contract, compared to 23 days the prior year.
Based on current inventory and days-on-market data as of March 2026, ELKO NEW MARKET, MN 55054 is currently a Buyer's Market. Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 61 days on market compared to 23 days last year.
With SELL123.com's maximum 3% commission, sellers in ELKO NEW MARKET, MN 55054 save an estimated $9,199 compared to a typical 5% commission on the median listing price of $459,950. 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.