ez Home Search
Searching ...
ez Home Search
Login / SignUp
Sherburne County Minnesota Real Estate and Property Listings for Sale

Real Estate For Sale In
Lake Elmo, MN

Welcome to ez Home Search, your trusted source for finding the perfect property in Lake Elmo, MN. Explore 89 houses, condos, townhomes, and more, each featuring detailed descriptions and high-quality images. Find one you like and we can help answer any questions and schedule a tour. Our innovative tools, including personalized property value estimates and finance calculators, empower you to make informed decisions. Create your free account today to unlock exclusive features and receive instant updates on new listings. Explore all real estate and properties for sale in MN.
89 Available Listings

Browse our selection of 89 properties for sale in Lake Elmo, MN. Our curated catalog features the latest listings, and our website provides you with all the resources you need to make an informed purchase decision. You will find high-quality property photos, detailed listing descriptions, 3D tours, maps, and relevant community information.

As you delve into the detailed listings, you can save your favorite properties for sale in Lake Elmo, MN, review their latest estimated valuation, and use our mortgage calculator to project monthly mortgage payments, taxes, fees, and insurance. Have a question about a property or the area? Simply ask a question, and our vetted local partner will get back to you.

For personalized financing options and info, complete our contact form to speak with a lender about your financing options, get pre-qualified for a mortgage, or get more information about what is possible.

But why stop at virtual browsing? Schedule an in-person or video-chat tour with a local agent to see your potential new property in Lake Elmo, MN firsthand. Contact a professional real estate agent for further details, inquire about a property's availability, or express your interest in making an offer.

Properties For Sale in Lake Elmo, MN: Market Trends

In Lake Elmo, MN, the real estate market currently features 61 properties for sale. Additionally, 6 properties are under contract and poised to close soon. The recent sales data shows that property sales in Lake Elmo, MN have an average sale price of $595,994 and an average cost per square foot of $202. On average, properties in Lake Elmo, MN typically spend about 94 days on the market before being sold.

The real estate market in Lake Elmo, MN presents a wide array of pricing options, ranging from the most budget-friendly property for sale in Lake Elmo, MN priced at $0 to the highest-valued residence listed for $0. This variety caters to buyers with different financial situations and preferences, ensuring everyone can find a property that meets their needs.

Lake Elmo, MN Market Snapshot
Active Listings 89
Pending Sales 6
Average Sale Price $595,994
Average Price Per Sq. Ft. $202
Days on the Market 94
Last year's property sales 169
Months of supply 0.2

Real Estate For Sale in Lake Elmo, MN: Summary/Overview

Find your dream property in the heart of Lake Elmo, MN. ez Home Search updates listings every minute to give you a wide array of properties across Washington County, spanning 18 distinct zip codes.

Prospective buyers in the Lake Elmo, MN real estate market have various options to suit their various preferences, from construction date and square footage to lot size, design, and the number of stories. Properties in Lake Elmo, MN vary widely in construction date, ranging from as early as 1955 to as recent as 2026, with the majority constructed in 2026. Property sizes also vary considerably, from compact units starting at 0 Sq Ft to spacious estates reaching up to 0 Sq Ft.

Lot sizes in Lake Elmo, MN cater to a broad spectrum of preferences, from manageable plots of 0.0 acres that are perfect for those seeking a low-maintenance lifestyle to large estates spanning up to 0.0 acres, ideal for extensive outdoor activities and ambitious landscaping projects.

The architectural styles and structural designs in Lake Elmo, MN are equally varied, with being the predominant style across 0 listings. In terms of structure, most properties are 2.0 story properties featured in 89 properties for sale.

For those considering the financial aspects of homeownership, the range of Homeowners' Association (HOA) fees in Lake Elmo, MN varies from $0.0 to $0.0, with 15 properties exempt from these fees. This comprehensive range ensures that prospective buyers like yourself can find a property for sale that fits their lifestyle and budget in Lake Elmo, MN.

Properties in Nearby Zip Codes
54016 54082 55001 55003 55042 55043 55047 55055 55082 55090 55106 55109 55110 55115 55125 55128 55129 55130

Frequently Asked Questions

How many properties are for sale in Lake Elmo, MN?

There are 89 properties for sale in Lake Elmo, MN. More active properties usually means better selection and a little more time to compare before you offer.

What is the median list price of properties in Lake Elmo, MN?

The median list price is $650,000. Median is a clearer "typical" price than average because extreme outliers—like a few luxury estates at the top or a few short sales/fixers at steep discounts—don't pull it up or down as much.

What is the average list price of properties in Lake Elmo, MN?

The average list price is $817,391. Compare average vs. median to read the market's "tilt": when average is higher than median, upper-end properties are likely lifting the market; when average is lower than median, more lower-priced or discounted properties may be in the mix. A big gap in either direction usually means the current inventory is skewed.

What is the median price per square foot for properties in Lake Elmo, MN?

Properties list at a median $233 per sq ft in Lake Elmo, MN. Price-per-foot helps you compare value across neighborhoods and renovations; newer or recently updated properties often sit above the median.

How long do properties typically stay on the market in Lake Elmo, MN?

The median days on market (DOM) is 69 days. Shorter DOM signals stronger demand—expect quicker tours and faster decisions when DOM is low; longer DOM often means you can compare more and negotiate.

What is the housing months of supply for properties in Lake Elmo, MN?

Months of supply (MOS) is 4.6. MOS estimates how long it would take to sell all current listings at the recent sales pace if no new properties were listed. As a rule of thumb, 3–6 MOS is balanced; below 3 tends to favor sellers (move fast, expect competition), while above 6 can give buyers more leverage and time.

How many properties sold in the last 12 months in Lake Elmo, MN?

169 properties sold over the last 12 months. Viewed together with MOS, this gives you a clear read on demand versus supply and helps your ez Home Search partner agent guide you to the best options and strategy.

How many new property listings came on the market in the last 7 and 30 days in Lake Elmo, MN?

20 new listings in the past 7 days and 38 in the past 30 days. Frequent new listings mean fresh choices appear often; slower weeks suggest acting quickly when the right property appears.

How many property listings had a price reduction in the last 30 days in Lake Elmo, MN?

0 listings reduced price in the last 30 days. Price cuts can signal sellers aligning to demand—use them to spot improving values or timing for offers.

Is it more or less expensive to live in Lake Elmo, MN compared with the U.S. average?

Living in Lake Elmo, MN indexes at 240 versus a U.S. baseline of 100 = 100. Above 100 means higher-than-average costs; below 100 means lower—handy context for your monthly budget.

What is the median property size for properties for sale in Lake Elmo, MN?

The median interior size is 3,069 sq ft. This tells you the "typical" amount of living space you'll see at common price points, which helps you set expectations for rooms and layout before touring.

What is the median lot size for properties for sale in Lake Elmo, MN?

The median lot size is 0.28 acres. Closer-in neighborhoods usually have smaller lots; farther out you'll often find more land—compare lot size alongside price-per-foot to balance yard space and interior space.

How many one-story vs. two-story properties are for sale in Lake Elmo, MN?

About 46% one-story, 54% two-story, and 0% three-plus-story properties are active. Single-story properties are often in tighter supply and attract buyers who want fewer stairs, which can lead to quicker sales and firmer pricing when demand is strong.

What is the median year built for properties for sale in Lake Elmo, MN?

The median year built among active properties is 2022. Newer properties typically offer modern systems and energy efficiency; older properties may offer larger lots and classic details, though some may need updates—factor both into your budget and timeline.

Which neighborhoods currently have the most properties for sale in Lake Elmo, MN?

You'll find the most active properties for sale in the Inwood Townhomes City Collection, North Star of Lake Elmo, North Star, Royal Club, Union Park communities. Starting your search there usually gives you more options in a single tour.

What is the typical monthly HOA for properties for sale in Lake Elmo, MN?

The median HOA is $170 per month (where applicable). HOA dues affect your monthly affordability and loan qualification—use our mortgage calculator to see the full picture.

What share of properties for sale in Lake Elmo, MN are houses, condos, and townhomes?

Right now in Lake Elmo, MN, for-sale inventory breaks down to about 80% houses, 0% condos, and 20% townhomes.

How much do you need to make to afford a property in Lake Elmo, MN?

The median property price in Lake Elmo, MN is $650,000. With a 20% down payment ($130,000) and a 30-year fixed at 7.0%, the estimated principal-and-interest (P&I) payment is $3,459/month (plus property taxes, homeowners insurance, HOA dues, PMI if required, and utilities). Based on the 28/36 guideline for housing costs—where total housing expenses should be about 28% to 36% of your gross income—you'd want a household income of roughly $148,267 to $115,319 per year. Use our pre-approval form to know exactly what you qualify for and to be able to make a stronger offer.

How are the schools near properties for sale in Lake Elmo, MN?

Many properties in Lake Elmo, MN are served by well-rated public and private schools; check each listing's school panel for boundary notes and current ratings, then compare nearby options as you narrow neighborhoods.

HOA Monthly Fees of Properties for Sale
$0 15
Less than $100 24
$101 - $500 43
$501 - $1,000 0
Over $1,000 0
Properties For Sale in Lake Elmo, MN: Basic Features

Discover the essential features of properties for sale in Lake Elmo, MN with our detailed listings. Whatever your preferences in size or style, each property offers a range of foundational amenities to enhance your living experience.

Sewer
Public 60
Private 8
ADA Accessible
Yes 7
No 82
Properties For Sale in Lake Elmo, MN: Interior Features
Bedroom Count of Properties for Sale in Lake Elmo, MN
Bathroom Count of Properties for Sale in Lake Elmo, MN
Properties with Fireplaces in Lake Elmo, MN
Homes with 1 fireplace 49
Homes with 2 fireplaces 17
Homes with 3+ fireplaces 6
Homes with no fireplaces 0
Popular Security Features in Lake Elmo, MN
Properties For Sale in Lake Elmo, MN: Exterior Features
Popular Roof Types in Lake Elmo, MN
Metal 0
Wood 0
Concrete 0
Tiles 0
Slate Roofing 0
Asphalt Shingle 34
Composite Material 0
Membrane Roofing 0
Shingles 14
Waterfront Properties in Lake Elmo, MN
Patio and Porch Features of Properties for Sale in Lake Elmo, MN
Garage Spaces of Properties for Sale in Lake Elmo, MN
Properties For Sale in Lake Elmo, MN: Listing Overview
Lake Elmo, MN Properties Listing Overview
Active Properties Listings in Lake Elmo, MN 89
Properties Listings Under Contract in Lake Elmo, MN 6
Price-Reduced Properties Listings in Lake Elmo, MN 0
Recently Sold Properties in Lake Elmo, MN 169

Real Estate For Sale in Lake Elmo, MN: Demographic Data

Family Composition in Lake Elmo, MN
Families with children 34.04%
Families without children 37.02%
Gender in Lake Elmo, MN
Male 49.81%
Female 50.19%
Population by Age in Lake Elmo, MN
Under 18 25.53%
18-64 58.44%
65 and over 16.03%
Marital Status by Gender in Lake Elmo, MN
Never Married Male 26.68% / Female 24.55%
Now Married Male 68.23% / Female 64.36%
Divorced Male 3.12% / Female 5.81%
Widowed Male 1.97% / Female 5.28%
Occupied VS. Vacant Units in Lake Elmo, MN
Occupied 4302
Vacant 370
Ownership of Occupied Units in Lake Elmo, MN
Owner Occupied 3936
Renter Occupied 366
Population by Education Level in Lake Elmo, MN
No Degree 9.38%
Some High School 1.99%
High School 14.19%
Some College 16.78%
Associates 6.34%
Bachelors 37.14%
Post-grad 42.47%
Population of Veterans in Lake Elmo, MN
Veterans 5.68%
Create an account today to unlock benefits like:
  • Saving your favorite homes for sale in Lake Elmo, MN.
  • Email Lake Elmo, MN home listings to your friends and family.
  • Set up a saved search to receive email alerts for new listings in Lake Elmo, MN.

For Sale

Minnesota

Lake Elmo

Nearby Real Estate

Nearby Zip Codes

Lake Elmo Neighborhoods

Lake Elmo, MN Property Types

Lake Elmo, MN Houses

Lake Elmo, MN Townhouses

Other Interesting Real Estate