All Home Types
Elko New Market, MN Housing Market
What is the housing market like in Elko New Market today?
In July 2025, Elko New Market home prices were down 12.6% compared to last year, selling for a median price of $421K. On average, homes in Elko New Market sell after 30 days on the market compared to 71 days last year. There were 16 homes sold in July this year, up from 8 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$421,450
-12.6% YoY | Jul 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jul 2025
Growth
% YoY
Elko New Market, MN
$421,450
-12.6%
United States
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Elko New Market Migration & Relocation Trends
In Jun '25 - Aug '25, 23% of Elko New Market homebuyers searched to move out of Elko New Market, while 77% looked to stay within the metropolitan area.
- Across the nation, 0.76% of homebuyers searched to move into Elko New Market from outside metros.
- Albuquerque homebuyers searched to move into Elko New Market more than any other metro followed by Miami and New York.
Where are people moving to Elko New Market from?
- 77% of Elko New Market homebuyers searched to stay within the Elko New Market metropolitan area.
- Brainerd was the most popular destination among Elko New Market homebuyers followed by Duluth and Cape Coral.
Where are people from Elko New Market moving to?
Number of People Moving to Elko New Market
least
most
People are moving to Elko New Market from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Jun '25 - Aug '25 | ||
| 1 | 1,052 | ||
| 2 | 1,025 | ||
| 3 | 779 | ||
| 4 | 555 | ||
| 5 | 452 | ||
| 6 | 238 | ||
| 7 | 234 | ||
| 8 | 208 | ||
| 9 | 193 | ||
| 10 | 133 | ||
People are leaving Elko New Market for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Jun '25 - Aug '25 | ||
| 1 | 612 | ||
| 2 | 486 | ||
| 3 | 210 | ||
| 4 | 190 | ||
| 5 | 126 | ||
| 6 | 91 | ||
| 7 | 59 | ||
| 8 | 55 | ||
| 9 | 48 | ||
| 10 | 44 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Elko New Market.
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