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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 November 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

Jul 1, 2026 - Sep 30, 2026

Median sale price
$690K
-6.5% from Q2 '26
Median list price
$644K
-11% from Q2 '26
Active listings
134
+3.1% from Q2 '26
Homes sold
81
+37% from Q2 '26
New pendings
61
-24% from Q2 '26
New listings
88
-1.1% from Q2 '26

Quarterly Pricing Trends for Lake Elmo

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

Quarterly Pricing Trends for Lake Elmo Q4 '21 Q4 '22 Q4 '23 Q4 '24 Q4 '25 Q3 '26 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: $640K 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: $591K Median sale price in Apr 2026 - Jun 2026: $738K Median sale price in Jul 2026 - Sep 2026: $690K 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: $660K 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: $670K 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: $776K Median list price in Jan 2025 - Mar 2025: $745K 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 Median list price in Apr 2026 - Jun 2026: $725K Median list price in Jul 2026 - Sep 2026: $644K 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 $660K 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 $670K Apr 2024 - Jun 2024 Median sale price $712K Median list price $645K Jul 2024 - Sep 2024 Median sale price $640K Median list price $647K Oct 2024 - Dec 2024 Median sale price $645K Median list price $776K Jan 2025 - Mar 2025 Median sale price $670K Median list price $745K 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 $591K Median list price $675K Apr 2026 - Jun 2026 Median sale price $738K Median list price $725K Jul 2026 - Sep 2026 Median sale price $690K Median list price $644K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
22
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 (Jul 2026 - Sep 2026).

Inventory patterns in Lake Elmo over the latest rolling three-month period show a modest tightening. Active listings are down nearly 7% from a year ago, months of supply has fallen about 23% to 2.2 months, and pending sales have dropped more than 20% year over year, suggesting fewer homes are moving into contract even as supply shrinks slightly.

Pricing has been firm to rising on a longer view, with the typical home value up more than 11% compared with the same period last year, while the median list price is roughly 7% higher year over year. Even so, the typical home value has pulled back in recent months and the average sale-to-list ratio has edged just under 100%, indicating buyers have gained a bit of negotiating room.

Speed and competition show a mixed picture in this rolling three-month snapshot. Homes now spend about 28 days on the market, a week longer than a year ago, yet the share of properties selling above list price has climbed to 27.5%, nearly 6% higher than last year, pointing to strong interest in select listings. In this nuanced seller-leaning environment, Agent Pronto can connect both buyers and sellers with an agent who understands these trends and can help them navigate their next move.



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 →


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“Haewon Park helped me buy a townhome in Eden Prairie this fall, and I can’t recommend her highly enough. We were buying from Iowa while I was starting a new job in Minnesota, so we needed an agent who could be our eyes on the ground. Haewon was exactly that. She video-walked properties for us, gave honest opinions on condition and HOA health, and knew the Eden Prairie market well enough to tell us right away which listings were priced well and which weren’t. When we found the right home, she negotiated hard and got the price down, which made a real difference for us. Through inspection, financing, and title, she kept every party on schedule and answered my questions within the hour, every time. We closed on time on October 26 with no surprises. As a licensed REALTOR in Iowa myself, I pay close attention to how other agents run a transaction. Haewon’s communication, organization, and negotiation skills are top tier. If you’re relocating to the Twin Cities or buying from out of state, she’s the agent to call.”

KangSan Lee ·

Photo of Ryan Platzke
Coldwell Banker Burnet
“Daisy was absolutely wonderful to work with and made the very frightening experience of being a first time homebuyer feel like a walk in the park. From assisting with lending to negotiating with the sellers and title company she was a dream to work with. She was very responsive to texts and calls (we were negotiating via text while I was at the state fair and even at a concert! Lots of late evening conversations and concessions from the sellers!) She really helped me through the entire process making sure all of my questions and concerns were addressed from start to close. I’m also a Veteran and she is familiar with the VA loan and inspection process and all went smoothly. At closing she brought us a huge balloon bouquet and a cute flower arrangement and then left a large gift basket with champagne and other goodies to enjoy at our new home! She really just went above and beyond and I would recommend her to anyone looking for a home. Thank you so much Daisy, you helped make my dream of home ownership a reality!”

Kristen Kelly ·

Photo of Erik Holm
Realty Group LLC
“Working with Tim was an outstanding experience! Selling our home while preparing for a cross-country move was a huge undertaking, especially with the tight timeline we were working against. From our very first conversation, Tim helped us understand the process, set realistic expectations, and feel confident in our decisions. As sellers who had never been through the selling process before, we especially appreciated his patience and willingness to walk us through every step. He was always available to answer questions, kept us updated, and helped us navigate the unexpected challenges that came up along the way. Tim truly understood how important our timeline was and worked hard to help us get our house sold so we could start our next chapter in Florida. His knowledge, responsiveness, and genuine commitment to his clients made what could have been an incredibly stressful experience so much easier. We can’t thank Tim enough for everything he did to help make our move possible. We highly recommend him to anyone looking for a knowledgeable, trustworthy, and dedicated realtor!”

Katie Ames ·

Photo of Tim Schepers
Park Street Realty
“Angel was an excellent realtor. This was our first time buying a home. Angel was always available with answers to our home-buying questions. Angel is professional, punctual, and offers advice with the buyer's interest in mind. I would highly recommend Angel to my family and friends. I am open to working with Angel again in the future if the opportuniy arose.”

Ted Cullen ·

Photo of The Minnesota Real Estate Team
RE/MAX Advantage Plus
“Bryce is fantastic to work with. He understands what you are looking for and works hard to find a property that checks all of the boxes. He is exceptional.”

danschnuettgen ·

Photo of Bryce Schuenke
eXp Realty
“Raleigh was amazing! She helped make the process go smooth and quick. She made sure I had all my questions answered and advocated on my behalf for any issues we had with the property. I would recommend her to anyone looking to buy!”

beccacarlson13 ·

Photo of Brian Scates
Scates Real Estate
“We are extremely happy with the job Erin did helping us sell our home! She was tenacious, dedicated, and always willing to go the extra mile to get the job done. She stayed on top of every detail and never gave up, even in this challenging market. Her professionalism, persistence, and commitment made a real difference throughout the process. We had such a great experience working with Erin that we have recommend her to our children. Erin is a realtor who cares about her clients and will work for the best possible outcome. We highly recommend Erin!”

jsmrstick ·

Photo of Erin Smiler
Real Brokerage - Grey Duck Properties
“max did such an amazing job, helping us find a home and he was also very patience with us. we are so grateful for everything that he was done for my family once again thank you max for everything you did for us!!!!!!!! we really appreciate all your hard work.”

Denise Pirin ·

Photo of Obvious Real Estate
eXp Realty Obvious Real Estate
“Ryan provided such a wonderful real estate experience for us which all started at the early stages of planning prior to listing our White Bear Lake, MN home. During the early planning stages Ryan provided recommendations and offered guidance to market our home in this unique real estate market. After a few months of planning we listed our home with Ryan and it SOLD in just a couple days. During this time we still had not found our next home to purchase. Within a short period of time and with Ryan's large network we were notified of a new listing coming up. In a matter of a couple days we had signed and had a closing date on our NEW home that we plan to raise our family in. Ryan's truly responsible for making our experience so positive and stress free. Since closing we have recommended Ryan to friends and family. If you are looking for a top-notch real estate professional I would recommended looking no further and start your own experience with him.”

Barbara Ladd · White Bear Lake, MN

Photo of Ryan Mann
Coldwell Banker Realty
“Justin was great. He found us houses with our specific needs such as large yard with a fence and in our price range and the area we were looking for. I would recommend him to everyone looking to buy. Always answered a call or email was instrumental in our negotiations and now we are happily in our new home! Thank you Justin.”

cga0703 ·

Photo of Justin Handt
Coldwell Banker Realty
“My realtor Kate Michaels was fantastic. My house sold over asking in only a couple weeks! She was always available to answer my questions and made me feel so comfortable throughout the process. I look forward to working with her again on the next one!”

libbywarren7 ·

Photo of John Schuster
Coldwell Banker Burnet
“Peter was AMAZING!! He helped us from the beginning, and as first time homebuyers we didn’t know much about the process or what to expect, but he made sure to always inform us and help us in every way possible. He went above and beyond, always replying quick and with a kind spirit, sincerely if you’re looking for a realtor, there’s no one better than Peter”

Jelisbert ·

Photo of Peter Trinh
RE/MAX Advantage Plus
“Stevie was so incredibly patient and helpful in our home search and beyond. Couldn't recommend her enough.”

Abigail · South Saint Paul, MN

Photo of Stephanie Wimber
RE/MAX Advantage Plus
“Tina was fantastic to work with! She was so much help during my home buying process. It was my first time buying a home and Tina made it easy and was there for my every step of the way and answered all my questions. She helped me find my new home and I couldn’t be more happy and grateful to her. I highly recommend her to anyone looking for a home!”

Madisen Woodcock ·

Photo of Tina Fox
eXp Realty
“Todd and Deena Anderson exceeded my expectations as realtors. When we signed them as our selling agents, I thought I was merely getting access to the MLS listing service, a few open houses, and (paying) a reasonably low commission rate. What I got in return was much more: Todd and Deena were key to our home selling FAST, and with ABOVE-ASKING offers. On the very FIRST day the home was on the market, we received TWO offers! (And n=13 requests for showings). What Todd and Deena specifically did for us: 1.) Strategically priced the home. Based on their analysis of the local real estate market and the three hours they spent touring our home, they PRICED the home at a point where it would attract a lot of attention and quality buyers, and that's exactly what happened. 2.) They provided key insight and advice on how to stage the home and helped us choose the key "polishing" efforts while prepping the home for the sale. 3.) They guided us with prompt and clear communication from start-to-finish; answering an enormous number of questions along the way. Todd and Deena provided a high quality service at great value.”

Dave Tourtelotte ·

Photo of Todd Anderson
River Town Realty
“Clint Kuipers is the best realtor in the state, and I’ll tell you why – it took us two years to finally find the right house for us. In all that time, not only was he extremely patient with us, running around to all the showings we requested, but he was supportive and protective of us as well. He listened to us, got to know us as people, understood not only our style preferences but our functional needs as well, and he’d give us honest and insightful feedback. Not once were we ever pressured to make an offer. He’s not the type who is in it for the sale; spend some time with him and you’ll see that he truly cares about helping people find the right home. You can tell when someone is passionate about what they do, and Clint is passionate about real estate – not just as a commodity, but he knows that buying a home is one of the biggest decisions a person will ever make in their lifetimes, and he takes that responsibility very seriously while still making the process feel fun. I’m a real estate photographer so I’ve worked with hundreds of different agents, but there’s a reason why I chose Clint to be our realtor. He really is the best at what he does, and I’m so grateful that he found us our forever home. Clint Kuipers is a genuinely good person and an incredible agent, and I can’t recommend him enough.”

Kyle Ensrude ·

Photo of Clint Kuipers
RE/Max Advantage Plus
“Al Hawkins was a pleasure to work with as first time home buyers! He was very responsive and accommodating throughout the whole process. I truly appreciated how he handles feedbacks and his openness to talk through them and provide recommendations. He was literally with us every step of the way leaving no room for assumptions or confusion. My wife and I are blessed to have worked with Al as an agent that became a friend.”

Faithful Emamezi ·

Photo of Josh Pomerleau
JPW Realty
“Skip has helped us purchase two houses now and he was great to work with both times. Very knowledgeable, patient, and helpful through the entire process. Excellent customer service! We would highly recommend him to anyone looking for a realtor.”

smmetcalfe ·

Photo of Skip Halverson
RE/MAX Results
“Our Realtor-Neighbor…or Neighbor-Realtor… There are realtors. Then there is A Realtor. And in our case, a Realtor-Neighbor. Or a NEIGHBOR-Realtor. After 19 years in Apple Valley, we bid farewell to the home we loved end of June – with the help of Misty May & Hayden Farris, of Coldwell Banker Realty. Our review will not do Misty & Team justice in all that they have done for us in decluttering, coordinating repairs, donating unwanted items, negotiating the best possible price, and a myriad of other to-do’s in prepping our property for sale. As our neighbors, Misty and Family were wonderful, being our trusted go-to for anything pertaining to the house as we travelled plenty in the few years leading up to putting the house up for sale. As our Realtor, Misty and Team were most resourceful in providing guidance, patience, and grace as we took time to get the house ready for staging and listing – her expertise shows when we saw the post-staging photoshoot, exclaiming to ourselves, “We would buy this house!” Their expertise and ease of working with in-person, remotely online, via calls for discussions and decisions, all assuringly helped us sleep well at night through the 6-month journey to get our house SOLD! For that we are grateful and certainly will recommend Misty, Hayden & their team of make-things-happen crew to any home buyers or sellers! THANK YOU, Misty & Team!”

zuser20190221094613834 ·

Photo of Misty May & Team
Coldwell Banker Realty
“Excellent service from beginning to end. Was absolutely focused on the right investment for our family vs pushing a sale. Will use for all real estate needs moving forward.”

dylandavison j ·

Photo of Régan Englund Real Estate Group
Keller Williams Classic Realty NW

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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