Elko New Market MN Multi Family for Sale

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Elko New Market Real Estate

The median home value in Elko New Market, MN is $440,000. This is higher than the county median home value of $282,700. The national median home value is $219,700. The average price of homes sold in Elko New Market, MN is $440,000. Approximately 93.89% of Elko New Market homes are owned, compared to 6.11% rented, while 0% are vacant. Elko New Market real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Elko New Market real estate agent to arrange a tour today!

Elko New Market, Minnesota has a population of 4,556. Elko New Market is more family-centric than the surrounding county with 62.72% of the households containing married families with children. The county average for households married with children is 44.59%.

The median household income in Elko New Market, Minnesota is $118,750. The median household income for the surrounding county is $93,151 compared to the national median of $57,652. The median age of people living in Elko New Market is 32.1 years.

Elko New Market Weather

The average high temperature in July is 81.7 degrees, with an average low temperature in January of 5.6 degrees. The average rainfall is approximately 32.1 inches per year, with 42 inches of snow per year.

Elko New Market Real Estate Market Conditions

  • Median sales price

    $440,000
    4.52% change since last quarter
  • # Active listings

    44
    30-day change

Elko New Market Schools and Demographics

Education near Elko New Market, MN

Metric City County
High School Graduates 98.61 94.9
College Degree - 2 year 11.97 12.45
College Degree - 4 year 53.16 38.94
Graduate Degree 13.47 8.53
Expenditures per Student 11,743 11,073
Students per Teacher 20.8 16.6

Elementary Schools near Elko New Market, MN

School Grades Students P/T Ratio ZIP
Aspen Academy KG - 08 539 13.5 55372
Cherry View Elementary School KG - 05 532 17.9 55044
Eagle View School KG - 05 513 16.3 55020
Eastview Elementary School KG - 05 631 19.2 55044
Edgewood Elementary PK - KG 156 8.7 55372
Falcon Ridge PK - 05 624 15.7 56071
Five Hawks Elementary School KG - 05 573 17.8 55372
Grainwood Elementary School KG - 05 335 13.2 55372
Huddleston Elementary School KG - 05 483 15.3 55044
Jeffers Pond Elementary School KG - 05 517 19.1 55372
Kennedy Elementary School KG - 05 601 17.2 55044
Lake Marion Elementary School KG - 05 535 18.2 55044
Lakeview Elementary School KG - 05 593 16.9 55044
Lonsdale Pre K-4 PK - 04 249 15 55046
Oak Hills Elementary School KG - 05 610 16.1 55044
Orchard Lake Elementary School KG - 05 452 17.1 55044
Raven Stream Elementary School KG - 05 623 16.7 56071
Westwood Elementary School KG - 05 566 18.1 55372

Middle Schools near Elko New Market, MN

School Grades Students P/T Ratio ZIP
Century Middle School 06 - 08 890 22.3 55044
Hidden Oaks Middle School 06 - 08 916 20 55372
Kenwood Trail Middle School 06 - 08 688 18.5 55044
McGuire Middle School 06 - 08 933 20.8 55044
New Prague Middle School 06 - 08 902 18.7 56071
Twin Oaks Middle School 06 - 08 861 19 55372

High Schools near Elko New Market, MN

School Grades Students P/T Ratio ZIP
Lakeville North High School 09 - 12 1,813 24.1 55044
Lakeville South High School 07 - 12 1,860 23.1 55044
New Prague Senior High School 09 - 12 1,248 22 56071

Ungraded Schools near Elko New Market, MN

School Grades Students P/T Ratio ZIP
* New Prague ALC 08 - 12 33 9.4 56071
* New Prague Credit Recovery 09 - 12 3 15 56071
* New Prague Summer Credit Recovery 09 - 12 0 56071
* Prior Lake-Savage Area ALC 09 - 12 92 23 55372
Lakeville Area Learning Center 06 - 12 121 9.2 55044
Lakeville Early Childhood Program PK - PK 139 10.2 55044
Link12 Lakeville KG - 12 34 8.9 55044

Demographics near Elko New Market, MN

Metric City County
Neighborhood Type Suburban
Population 4,556 141,463
Population Density 1,342 397
Median Age 32.1 36
People per Household 3.1 2.9
Median Household Income 118,750 93,151
Average Income per Capita 39,592 38,322