The median home value in Elko New Market, MN is $390,950. This is lower than the county median home value of $415,800. The national median home value is $338,100. The average price of homes sold in Elko New Market, MN is $390,950. Approximately 83.58% of Elko New Market homes are owned, compared to 7.62% rented, while 8.8% 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 4,777. Elko New Market is more family-centric than the surrounding county with 66.67% of the households containing married families with children. The county average for households married with children is 42.09%.
The median household income in Elko New Market, Minnesota is $138,603. The median household income for the surrounding county is $109,031 compared to the national median of $69,021. The median age of people living in Elko New Market is 32.4 years.
The average high temperature in July is 81.7 degrees, with an average low temperature in January of 5 degrees. The average rainfall is approximately 33.2 inches per year, with 41.7 inches of snow per year.