Elko New Market Housing Information - Census

IndexElko New MarketMinnesotaNational
Median home price$250,900$185,200$175,700
Median rent asked$1,210$835$920
Avg. people per household2.92.42.6
Owner occupied households85.6%72.1%64.4%
Renter occupied households14.4%27.9%35.6%

Elko New Market Housing Information - Zillow

IndexElko New MarketMinnesotaNational
Zillow home value index$315,600$205,200$196,500
Year over year appreciation rate9.97%8.17%6.79%
5 year average appreciation rate7.83%6.58%5.28%
10 year average appreciation rate0.04%-0.12%0.01%

Did you know?

  • The median home price in Elko New Market is 43% higher than the national average.
  • The median rent asked in Elko New Market is 32% higher than the national average.
  • The average number of people per household in Elko New Market is 12% higher than the national average.
  • The number of owner occupied households in Elko New Market is 33% higher than the national average.
  • The number of renter occupied households in Elko New Market is 59% lower than the national average.

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Compare Elko New Market, MN Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Montgomery, MN2,935$113,50035%
Dundas, MN1,623$161,1008%
Lonsdale, MN3,760$192,90010%
Heidelberg, MN107$193,10010%
Farmington, MN21,861$200,30014%
Elko New Market, MN4,414$250,90043%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Colchester, CT4,414$218,40024%
Ste. Genevieve, MO4,413$100,20043%
Lakewood, IL4,411$387,200120%
Indian Mountain Lake, PA4,411$162,0008%
Rogersville, TN4,410$106,50039%
Elko New Market, MN4,414$250,90043%
Source: The Elko New Market, MN housing data displayed above is derived from the United States Census Bureau and Zillow data.