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ELK RIVER, MN 55330

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The ELK RIVER, MN real estate market (55330) currently shows 186 active listings, with 94 pending sales. Homes are averaging 30 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 30 days on market compared to 25 days last year.

The median listing price has risen 1% year-over-year, from $466,125 to $470,885.

Whether you are buying or selling in ELK RIVER, 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.

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Market Context

Market Context

Population: 44,149  ·  Density: 159.9/mi²  ·  Median household income: $108,077

Typical home value: $329,630  ·  Homeownership: 83.5%

Market Overview

Active Listings
186
⇧ 2.8% vs 181 last year
Pending
94
51% pending ratio
Median Price
$470,885
⇧ 1% vs $466,125 last year
Average Price
$515,191
⇧ 5.3% vs $489,117 last year
Days on Market
30
⇧ 20% vs 25 days last year

Price Per Square Foot

Median $/sqft
$204
⇩ 8.5% vs $223/sqft last year
Median Home Size
2,362 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 186 this year vs 181 last year
  • Days on market: 30 now vs 25 last year

Median & Average Pricing

Year over Year
  • Median: $470,885 (+1% YoY)
  • Average: $515,191 (+5.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.6 miles — 986 listings ($499,324,258 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55330Elk River, MN 553300.0 mi161$86,020,368$466,500$534,288
55303Anoka, MN 553037.7 mi160$68,201,280$373,700$426,258
55309Big Lake, MN 553098.9 mi53$23,573,764$387,400$444,788
55327Dayton, MN 5532710.3 mi39$24,557,208$628,274$629,672
55374Rogers, MN 5537410.8 mi123$64,592,712$488,160$525,144
55362Monticello, MN 5536213.2 mi62$26,730,308$405,211$431,134
55308Becker, MN 5530814.6 mi30$11,877,810$381,138$395,927
55011Cedar, MN 5501115.3 mi46$29,845,260$672,492$648,810
55311Maple Grove, MN 5531116.2 mi110$79,750,110$600,000$725,001
55040Isanti, MN 5504016.8 mi63$26,736,507$389,950$424,389
55371Princeton, MN 5537116.9 mi37$20,957,651$544,950$566,423
55445Minneapolis, MN 5544517.2 mi35$9,050,475$204,750$258,585
55313Buffalo, MN 5531317.6 mi67$27,430,805$372,850$409,415

Frequently Asked Questions

How many homes are for sale in ELK RIVER, MN 55330?

As of March 2026, there are 186 active listings in ELK RIVER, MN (zip code 55330), compared to 181 the prior year.

What is the median home price in ELK RIVER, MN 55330?

The median listing price in ELK RIVER, MN 55330 is $470,885 as of March 2026, a 1% increase from $466,125 the prior year.

How long do homes stay on the market in ELK RIVER, MN?

Homes in ELK RIVER, MN 55330 spend an average of 30 days on the market before going under contract, compared to 25 days the prior year.

Is it a seller's or buyer's market in ELK RIVER, MN 55330?

Based on current inventory and days-on-market data as of March 2026, ELK RIVER, MN 55330 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 30 days on market compared to 25 days last year.

How much can I save on real estate commission in ELK RIVER, MN?

With SELL123.com's maximum 3% commission, sellers in ELK RIVER, MN 55330 save an estimated $9,418 compared to a typical 5% commission on the median listing price of $470,885. 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.