Elk River, MN 55330 Real Estate & Property Data

Elk River, MN 55330 Real Estate Market Trends
Last Updated: April 27, 2024

A total of 698 residential properties have been sold over the past 12 months in 55330. With a median sales price of $425,000 in 55330 and a total of 6 foreclosures in Elk River, MN 55330. Discover market trends and get the granular level real estate data for Elk River, MN 55330 to keep your pulse on the housing market. Curate compelling home reports for Elk River, MN 55330 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Elk River, MN 55330 Real Estate Market Trends
Total Residential Properties 15,018
Total Commercial Properties 514
Avg. Home Age (Single Family Home) 29 Years
Avg. Square Feet (Single Family Home) 1,433
Total 2024 Residential Sales (year-to-date) 66
% of Homes Seriously Underwater (Q2 2024) 0.92%
Total 2023 Residential Sales 669
% of Equity Rich Homes (Q2 2024) 35.56%
Effective 2023 Property Tax 1.12%
Total Foreclosure Filings (year-to-date) 13
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Elk River, MN 55330 Real Estate Overview

There were 698 residential properties sold in the past year in Elk River, MN 55330. The median home value in Elk River, MN 55330 is $382,760. There are a total of 15,018 residential properties in the 55330.

Median Sales Price i
$425,000
(Feb 2024)
+6.2%
year-over-year
y-o-y
  • February '24 Feb '24 $425,000
  • January '24 Jan '24 $320,000
  • December '23 Dec '23 $341,750
  • November '23 Nov '23 $341,495
  • October '23 Oct '23 $399,250
  • September '23 Sep '23 $335,000
  • August '23 Aug '23 $367,950
  • July '23 Jul '23 $395,000
  • June '23 Jun '23 $350,000
  • May '23 May '23 $375,000
  • April '23 Apr '23 $335,000
  • March '23 Mar '23 $360,845
Median Down Payment i
$29,750
(Feb 2024)
-41%
year-over-year
y-o-y
  • February '24 Feb '24 $29,750
  • January '24 Jan '24 $28,235
  • December '23 Dec '23 $44,999
  • November '23 Nov '23 $67,600
  • October '23 Oct '23 $35,806
  • September '23 Sep '23 $29,700
  • August '23 Aug '23 $41,550
  • July '23 Jul '23 $43,500
  • June '23 Jun '23 $44,250
  • May '23 May '23 $37,500
  • April '23 Apr '23 $24,050
  • March '23 Mar '23 $42,000
Number of Homes Sold i
27
(Feb 2024)
-18.2%
year-over-year
y-o-y
  • February '24 Feb '24 27
  • January '24 Jan '24 39
  • December '23 Dec '23 61
  • November '23 Nov '23 70
  • October '23 Oct '23 53
  • September '23 Sep '23 44
  • August '23 Aug '23 69
  • July '23 Jul '23 61
  • June '23 Jun '23 81
  • May '23 May '23 60
  • April '23 Apr '23 56
  • March '23 Mar '23 44
Number of Purchase Loans i
28
(Feb 2024)
-3.4%
year-over-year
y-o-y
  • February '24 Feb '24 28
  • January '24 Jan '24 29
  • December '23 Dec '23 48
  • November '23 Nov '23 60
  • October '23 Oct '23 50
  • September '23 Sep '23 54
  • August '23 Aug '23 57
  • July '23 Jul '23 66
  • June '23 Jun '23 72
  • May '23 May '23 66
  • April '23 Apr '23 44
  • March '23 Mar '23 49
Number of REFI Loans i
34
(Feb 2024)
+88.9%
year-over-year
y-o-y
  • February '24 Feb '24 34
  • January '24 Jan '24 32
  • December '23 Dec '23 22
  • November '23 Nov '23 31
  • October '23 Oct '23 32
  • September '23 Sep '23 38
  • August '23 Aug '23 29
  • July '23 Jul '23 37
  • June '23 Jun '23 35
  • May '23 May '23 28
  • April '23 Apr '23 23
  • March '23 Mar '23 22
Number of HELOC Loans i
17
(Feb 2024)
+88.9%
year-over-year
y-o-y
  • February '24 Feb '24 17
  • January '24 Jan '24 10
  • December '23 Dec '23 17
  • November '23 Nov '23 16
  • October '23 Oct '23 25
  • September '23 Sep '23 22
  • August '23 Aug '23 40
  • July '23 Jul '23 28
  • June '23 Jun '23 26
  • May '23 May '23 48
  • April '23 Apr '23 15
  • March '23 Mar '23 22

Elk River, MN 55330 Foreclosure Activity

There were a total of 6 Elk River, MN 55330 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
6
(Feb 2024)
+100%
year-over-year
y-o-y
  • February '24 Feb '24 6
  • January '24 Jan '24 7
  • December '23 Dec '23 N/A
  • November '23 Nov '23 6
  • October '23 Oct '23 5
  • September '23 Sep '23 3
  • August '23 Aug '23 2
  • July '23 Jul '23 5
  • June '23 Jun '23 2
  • May '23 May '23 2
  • April '23 Apr '23 7
  • March '23 Mar '23 5
Foreclosure Starts i
6
(Feb 2024)
+100%
year-over-year
y-o-y
  • February '24 Feb '24 6
  • January '24 Jan '24 7
  • December '23 Dec '23 N/A
  • November '23 Nov '23 6
  • October '23 Oct '23 5
  • September '23 Sep '23 3
  • August '23 Aug '23 2
  • July '23 Jul '23 5
  • June '23 Jun '23 2
  • May '23 May '23 2
  • April '23 Apr '23 7
  • March '23 Mar '23 5
Completed Foreclosures (REOs) i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 1
  • June '23 Jun '23 N/A
  • May '23 May '23 2
  • April '23 Apr '23 3
  • March '23 Mar '23 N/A
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