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Elk River, MN real estate

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Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for June 2026. *


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Elk River real estate Market Report.

Information and statistics on the latest trends in the Elk River real estate market. *

Latest Rolling 3-Month Snapshot

Mar 1, 2026 - May 31, 2026

Median sale price
$405K
-3.6% from Q1 '26
Median list price
$431K
-4.1% from Q1 '26
Active listings
219
+39% from Q1 '26
Homes sold
101
+29% from Q1 '26
New pendings
129
+43% from Q1 '26
New listings
163
+68% from Q1 '26

Quarterly Pricing Trends for Elk River

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Elk River Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q1 '26 Median sale price in Apr 2021 - Jun 2021: $356K Median sale price in Jul 2021 - Sep 2021: $352K Median sale price in Oct 2021 - Dec 2021: $358K Median sale price in Jan 2022 - Mar 2022: $380K Median sale price in Apr 2022 - Jun 2022: $390K Median sale price in Jul 2022 - Sep 2022: $358K Median sale price in Oct 2022 - Dec 2022: $360K Median sale price in Jan 2023 - Mar 2023: $370K Median sale price in Apr 2023 - Jun 2023: $370K Median sale price in Jul 2023 - Sep 2023: $382K Median sale price in Oct 2023 - Dec 2023: $377K Median sale price in Jan 2024 - Mar 2024: $381K Median sale price in Apr 2024 - Jun 2024: $381K Median sale price in Jul 2024 - Sep 2024: $386K Median sale price in Oct 2024 - Dec 2024: $398K Median sale price in Jan 2025 - Mar 2025: $386K Median sale price in Apr 2025 - Jun 2025: $392K Median sale price in Jul 2025 - Sep 2025: $417K Median sale price in Oct 2025 - Dec 2025: $390K Median sale price in Jan 2026 - Mar 2026: $420K Median list price in Apr 2021 - Jun 2021: $350K Median list price in Jul 2021 - Sep 2021: $350K Median list price in Oct 2021 - Dec 2021: $369K Median list price in Jan 2022 - Mar 2022: $390K Median list price in Apr 2022 - Jun 2022: $375K Median list price in Jul 2022 - Sep 2022: $352K Median list price in Oct 2022 - Dec 2022: $390K Median list price in Jan 2023 - Mar 2023: $390K Median list price in Apr 2023 - Jun 2023: $377K Median list price in Jul 2023 - Sep 2023: $380K Median list price in Oct 2023 - Dec 2023: $407K Median list price in Jan 2024 - Mar 2024: $400K Median list price in Apr 2024 - Jun 2024: $400K Median list price in Jul 2024 - Sep 2024: $390K Median list price in Oct 2024 - Dec 2024: $400K Median list price in Jan 2025 - Mar 2025: $425K Median list price in Apr 2025 - Jun 2025: $415K Median list price in Jul 2025 - Sep 2025: $417K Median list price in Oct 2025 - Dec 2025: $380K Median list price in Jan 2026 - Mar 2026: $450K Apr 2021 - Jun 2021 Median sale price $356K Median list price $350K Jul 2021 - Sep 2021 Median sale price $352K Median list price $350K Oct 2021 - Dec 2021 Median sale price $358K Median list price $369K Jan 2022 - Mar 2022 Median sale price $380K Median list price $390K Apr 2022 - Jun 2022 Median sale price $390K Median list price $375K Jul 2022 - Sep 2022 Median sale price $358K Median list price $352K Oct 2022 - Dec 2022 Median sale price $360K Median list price $390K Jan 2023 - Mar 2023 Median sale price $370K Median list price $390K Apr 2023 - Jun 2023 Median sale price $370K Median list price $377K Jul 2023 - Sep 2023 Median sale price $382K Median list price $380K Oct 2023 - Dec 2023 Median sale price $377K Median list price $407K Jan 2024 - Mar 2024 Median sale price $381K Median list price $400K Apr 2024 - Jun 2024 Median sale price $381K Median list price $400K Jul 2024 - Sep 2024 Median sale price $386K Median list price $390K Oct 2024 - Dec 2024 Median sale price $398K Median list price $400K Jan 2025 - Mar 2025 Median sale price $386K Median list price $425K Apr 2025 - Jun 2025 Median sale price $392K Median list price $415K Jul 2025 - Sep 2025 Median sale price $417K Median list price $417K Oct 2025 - Dec 2025 Median sale price $390K Median list price $380K Jan 2026 - Mar 2026 Median sale price $420K Median list price $450K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
17
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Mar 2026 - May 2026).

Elk River currently leans toward sellers, with a market gauge reading of 17 and just 2.3 months of supply in this rolling three-month view. Inventory is limited at 219 active listings, yet buyer activity remains solid. Homes are also moving at a moderate pace, with a median of 32 days on market.

Prices are edging higher over the past year, as the typical home value in the rolling three-month window is up about 7 percent year over year. At the same time, homes sold increased roughly 5 percent from a year ago, even with fewer new listings coming on the market, which are down about 10 percent year over year.

Competition shows a nuanced picture, with about 34 percent of homes selling above list and the average sale-to-list ratio right at 100 percent in this period. More than half of homes are going under contract within two weeks, yet days on market are significantly higher than a year ago, suggesting buyers have a bit more time to decide while still facing limited options. With these mixed signals on pricing, speed, and inventory, Agent Pronto can connect both buyers and sellers in Elk River with an agent who understands how to navigate today’s conditions.



Learn more about what Elk River has to offer.

Elk River offers a welcoming, family-friendly community with great parks, strong schools, convenient local shops, and easy access to outdoor recreation that supports an active, balanced lifestyle.

Elk River offers a distinctly balanced lifestyle compared with nearby options like Anoka or Maple Grove, blending small-city familiarity with easy access to the Twin Cities. At the heart of town, the Mississippi and Elk rivers shape daily life, from kayaking at Orono Park to community events along the riverfront.

Residents appreciate strong local amenities. Families look closely at Elk River Area Schools, while commuters rely on the Northstar Commuter Rail at the Elk River station for direct access to downtown Minneapolis. Parks like Hillside City Park and the Oak Savanna Park trail system draw bikers and hikers, and the Elk River Library anchors educational and cultural programs year round.

The historic downtown corridor along Main Street offers local dining, coffee, and services, while larger shopping areas near Otsego and Ramsey add convenience. Community identity runs strong, supported by city programming from Elk River Parks & Recreation and neighborhood events that keep residents connected.

With demand influenced by both local moves and buyers from the metro, timing and preparation matter. Whether you are weighing when to list your Elk River home or hoping to purchase in a specific school boundary or near the rail line, Agent Pronto can connect you with an agent who understands how to position you competitively as both a buyer and a seller.

Find your Elk River real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“I was in immediate need of housing. Stephanie was recommended by a friend who had just worked with her on a home purchase. Stephanie met with me to detail my housing requirements. She found a home that exceeded my needs and met a couple of my dreams in just a couple of days. From our initial meeting to closing was less than three weeks. There is only one word to describe Stephanie; PHENOMATASTIC!”

Ed Jolly · Hastings, MN

Photo of Stephanie Wimber
RE/MAX Advantage Plus
“The team was efficient, thoughtful, disciplined and committed. The access to immediate contractor support was also helpful.”

PCG · Rochester, MN

Photo of Deanna Brumbaugh
RE/MAX Advantage Plus
“Jennifer was a pleasure to work with, along with being professional and educated on all aspects of the transaction. She was able to provide insight into the market and reacted to the situation. Plus we had lots of fun working together!”

Diane Smith · Tampa, FL

Photo of Jenny Dedrick
exp realty
“I had an exceptional experience working with my real estate agent in selling my house in Plymouth, Minnesota. He provided invaluable advice on repairs, staging, and pricing, ensuring that every aspect of the sale was optimized. He even took the time to show me comparable properties, helping me determine the best listing price. Thanks to his expertise and dedication, I’m taking the time to leave reviews on multiple websites. I couldn’t have asked for a better realtor.”

Josh · Plymouth, MN

Photo of Minnesota Property Group
RE/MAX Results
“Shari was wonderful to work with. We have known each other for years but never worked together in this capacity. It is very obvious how much she loves her job! She was knowledgable and took my needs into consideation throughout the whole process. It was wonderful to work with her!”

Michele Berndt · Albertville, MN

Photo of Shari McGuire
Pemberton RE
“Amy was very helpful and knowledgeable. Everything went well.”

Barbara S. · Minneapolis, MN

Photo of Amy Westerlund
Keller Williams Premier Realty
“Great job. Skip was great to work with.”

Mary C. · St. Cloud, MN

Photo of Skip Halverson
RE/MAX Results
“I was pleasantly surprised when I only had 1 phone call from realtors. My realtor (Jeremy) was amazing. I believe his commitment is what sold the house. He was very fluent in keeping in touch and letting me know what was happening.”

Tammey A. · Coon Rapids, MN

Photo of Jeremy Ellingson
RE/MAX Advantage Plus
“Christina was an excellent Realtor to work with. Everything went very smoothly from start to finish.”

Dave K. · North Saint Paul, MN

Photo of Christina Chatlain
Keller Williams Premier Realty
“Awesome agent. Took time to listen to my needs and desires and went out to find my dream house. This guys knows how to get the job done. I wish more people had the compassion and skill. This was a very pleasant experience.”

Diane and Jesse · North Branch, MN

Photo of The Mike VanGrinsven Group
RE/MAX Professionals
“This service was fast and easy to use. I ended up using the first realtor that came up, and she turned out to be just fabulous.”

Gregg D. · West Saint Paul, MN

Photo of Misty May & Team
Coldwell Banker Realty
“Glad to have made this decision to use Jeff. He did a good job for us!”

Judi G. · Oak Grove, MN

Photo of Jeff Tollefson
RE/MAX Real Estate Properties
“Collin really took the time to make sure we understood everything about the process of buying our home. He was patient with us and never pressured us into settling.”

Jade Erickson · St. Paul, MN

Photo of Collin Vold
EXP Realty MN

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Elk River. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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