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Lake Elmo, MN real estate

Compare top Lake Elmo real estate agents.

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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Lake Elmo real estate Market Report.

Information and statistics on the latest trends in the Lake Elmo real estate market. *

Latest Rolling 3-Month Snapshot

Mar 1, 2026 - May 31, 2026

Median sale price
$675K
+12% from Q1 '26
Median list price
$669K
-0.8% from Q1 '26
Active listings
126
+22% from Q1 '26
Homes sold
59
+20% from Q1 '26
New pendings
61
-4.7% from Q1 '26
New listings
82
+39% from Q1 '26

Quarterly Pricing Trends for Lake Elmo

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

Quarterly Pricing Trends for Lake Elmo Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q1 '26 Median sale price in Apr 2021 - Jun 2021: $568K Median sale price in Jul 2021 - Sep 2021: $560K Median sale price in Oct 2021 - Dec 2021: $563K Median sale price in Jan 2022 - Mar 2022: $623K Median sale price in Apr 2022 - Jun 2022: $630K Median sale price in Jul 2022 - Sep 2022: $648K Median sale price in Oct 2022 - Dec 2022: $587K Median sale price in Jan 2023 - Mar 2023: $530K Median sale price in Apr 2023 - Jun 2023: $713K Median sale price in Jul 2023 - Sep 2023: $680K Median sale price in Oct 2023 - Dec 2023: $661K Median sale price in Jan 2024 - Mar 2024: $690K Median sale price in Apr 2024 - Jun 2024: $712K Median sale price in Jul 2024 - Sep 2024: $632K Median sale price in Oct 2024 - Dec 2024: $645K Median sale price in Jan 2025 - Mar 2025: $670K Median sale price in Apr 2025 - Jun 2025: $852K Median sale price in Jul 2025 - Sep 2025: $620K Median sale price in Oct 2025 - Dec 2025: $600K Median sale price in Jan 2026 - Mar 2026: $600K Median list price in Apr 2021 - Jun 2021: $559K Median list price in Jul 2021 - Sep 2021: $558K Median list price in Oct 2021 - Dec 2021: $595K Median list price in Jan 2022 - Mar 2022: $630K Median list price in Apr 2022 - Jun 2022: $620K Median list price in Jul 2022 - Sep 2022: $665K Median list price in Oct 2022 - Dec 2022: $742K Median list price in Jan 2023 - Mar 2023: $700K Median list price in Apr 2023 - Jun 2023: $700K Median list price in Jul 2023 - Sep 2023: $685K Median list price in Oct 2023 - Dec 2023: $625K Median list price in Jan 2024 - Mar 2024: $669K Median list price in Apr 2024 - Jun 2024: $645K Median list price in Jul 2024 - Sep 2024: $647K Median list price in Oct 2024 - Dec 2024: $787K Median list price in Jan 2025 - Mar 2025: $739K Median list price in Apr 2025 - Jun 2025: $680K Median list price in Jul 2025 - Sep 2025: $600K Median list price in Oct 2025 - Dec 2025: $560K Median list price in Jan 2026 - Mar 2026: $675K Apr 2021 - Jun 2021 Median sale price $568K Median list price $559K Jul 2021 - Sep 2021 Median sale price $560K Median list price $558K Oct 2021 - Dec 2021 Median sale price $563K Median list price $595K Jan 2022 - Mar 2022 Median sale price $623K Median list price $630K Apr 2022 - Jun 2022 Median sale price $630K Median list price $620K Jul 2022 - Sep 2022 Median sale price $648K Median list price $665K Oct 2022 - Dec 2022 Median sale price $587K Median list price $742K Jan 2023 - Mar 2023 Median sale price $530K Median list price $700K Apr 2023 - Jun 2023 Median sale price $713K Median list price $700K Jul 2023 - Sep 2023 Median sale price $680K Median list price $685K Oct 2023 - Dec 2023 Median sale price $661K Median list price $625K Jan 2024 - Mar 2024 Median sale price $690K Median list price $669K Apr 2024 - Jun 2024 Median sale price $712K Median list price $645K Jul 2024 - Sep 2024 Median sale price $632K Median list price $647K Oct 2024 - Dec 2024 Median sale price $645K Median list price $787K Jan 2025 - Mar 2025 Median sale price $670K Median list price $739K Apr 2025 - Jun 2025 Median sale price $852K Median list price $680K Jul 2025 - Sep 2025 Median sale price $620K Median list price $600K Oct 2025 - Dec 2025 Median sale price $600K Median list price $560K Jan 2026 - Mar 2026 Median sale price $600K Median list price $675K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
21
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).

Inventory in Lake Elmo has expanded in this rolling three-month view, with active listings up slightly from a year ago and new listings also inching higher. At the same time, homes sold have risen year over year, and pending sales are holding roughly steady, showing that buyers are keeping pace with the additional options coming to market.

Pricing is showing a mixed pattern, with the typical home value essentially flat compared with a year earlier while the median list price has moved noticeably lower. Sellers are still achieving strong outcomes, as the average sale-to-list ratio is just above 100 percent and the share of homes closing above list price has climbed significantly from last year.

Time on market looks very different than a year ago, with the median days on market now in the upper-30s after previously being much shorter. Even with that longer timeline, months of supply has declined compared with last year and the broader indicators still point to a seller’s market in Lake Elmo. Buyers and sellers who want to navigate these shifting conditions can turn to Agent Pronto to connect with a local agent who fits their goals.



Learn more about what Lake Elmo has to offer.

Lake Elmo offers residents a welcoming small-town vibe with abundant parks and trails, active community events, and convenient access to nature and nearby urban amenities.

Lake Elmo offers a blend of rural character and modern convenience, with quick access to St. Paul and Minneapolis via I‑94. Residents value its spacious neighborhoods, excellent schools, and abundant outdoor recreation, all within reach of major employment centers.

Daily life here feels practical and relaxed. Families appreciate Lake Elmo Elementary and the broader Stillwater Area Public Schools system, which serve much of the city. For errands and everyday shopping, nearby Woodbury and Oakdale provide extensive retail and dining options, while Lake Elmo itself retains a quieter, small‑city feel.

Outdoor amenities are a major draw. Lake Elmo Park Reserve features miles of trails, a swimming pond, and year‑round recreation. The Sunfish Lake Park trail network offers hiking, biking, and winter sports close to home. Community life centers around events and programs supported by the City of Lake Elmo and the Lake Elmo Public Library, which provide activities for all ages.

Whether you are relocating for schools, seeking more space, or planning to sell and downsize, local real estate knowledge can make each decision smoother. Agent Pronto connects Lake Elmo buyers and sellers with agents who understand neighborhood trends, zoning, and future development, helping reduce stress and bring clarity to every step of the process.

Find your Lake Elmo 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.

“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
“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
“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
“My family enjoyed working with Polina! She was friendly and always kept things real! She was more then just an agent!! Polina, was always easy to communicate with and promptly answered any questions or concerns!”

Heather · Inver Grove Heights, MN

Photo of The Kilpela Group
National Realty Guild
“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
“My partner and I worked with Kong for 4 months and he helped us buy our home. Throughout the whole process, Kong was extremely professional, responsive, honest and knowledgeable. He really worked with our availability during all the showings. He also helped us through a difficult situation with the sellers. We would definitely recommend and work with Kong again!”

Kelsey · St. Paul, MN

Photo of Kong Lee
Partners REalty
“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 Lake Elmo. 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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