The median home value in Elko New Market, MN is $426,300. This is higher 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 $426,300. 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 55020 has a population of 4,777. Elko New Market 55020 is more family-centric than the surrounding county with 55.71% 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 55020 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 55020 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.