Lake Elmo Housing Information - Census

IndexLake ElmoMinnesotaNational
Median home price$373,000$185,200$175,700
Median rent asked$788$835$920
Avg. people per household2.52.42.6
Owner occupied households92.4%72.1%64.4%
Renter occupied households7.6%27.9%35.6%

Lake Elmo Housing Information - Zillow

IndexLake ElmoMinnesotaNational
Zillow home value index$413,900$205,200$196,500
Year over year appreciation rate2.07%8.17%6.79%
5 year average appreciation rate3.38%6.58%5.28%
10 year average appreciation rate-0.08%-0.12%0.01%

Did you know?

  • The median home price in Lake Elmo is 112% higher than the national average.
  • The median rent asked in Lake Elmo is 14% lower than the national average.
  • The average number of people per household in Lake Elmo is 4% lower than the national average.
  • The number of owner occupied households in Lake Elmo is 44% higher than the national average.
  • The number of renter occupied households in Lake Elmo is 79% lower than the national average.

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Compare Lake Elmo, 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.
Landfall, MN796$10,50094%
Somerset, WI2,655$133,40024%
Willernie, MN574$143,50018%
Lexington, MN2,019$154,20012%
St. Paul Park, MN5,327$157,50010%
Lake Elmo, MN8,123$373,000112%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Fern Park, FL8,123$155,10012%
Lake Carmel, NY8,127$260,40048%
Campbell, OH8,127$71,10060%
Vinton, VA8,129$147,70016%
South Beloit, IL8,129$121,80031%
Lake Elmo, MN8,123$373,000112%
Source: The Lake Elmo, MN housing data displayed above is derived from the United States Census Bureau and Zillow data.