Lake Elmo, MN Housing Market
Lake Elmo Migration & Relocation Trends
In Jan '24 - Mar '24, 22% of Lake Elmo homebuyers searched to move out of Lake Elmo, while 78% looked to stay within the metropolitan area.
- Across the nation, 0.66% of homebuyers searched to move into Lake Elmo from outside metros.
- Miami homebuyers searched to move into Lake Elmo more than any other metro followed by Albuquerque and Chicago.
Where are people moving to Lake Elmo from?
- 78% of Lake Elmo homebuyers searched to stay within the Lake Elmo metropolitan area.
- Brainerd was the most popular destination among Lake Elmo homebuyers followed by Cape Coral and Duluth.
Where are people from Lake Elmo moving to?
Number of People Moving to Lake Elmo
least
most
People are moving to Lake Elmo from
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 518 | ||
2 | 507 | ||
3 | 306 | ||
4 | 253 | ||
5 | 231 | ||
6 | 227 | ||
7 | 194 | ||
8 | 154 | ||
9 | 148 | ||
10 | 112 |
People are leaving Lake Elmo for
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 384 | ||
2 | 279 | ||
3 | 220 | ||
4 | 170 | ||
5 | 169 | ||
6 | 117 | ||
7 | 76 | ||
8 | 65 | ||
9 | 62 | ||
10 | 45 |
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.
Transportation in Lake Elmo
Learn about the walkability, bikeability, and transit-friendliness of Lake Elmo