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Lake Elmo, 55042 Market Trends

Today, December 27, 2009

Median Sales Price in 55042

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1 yr 5 yr Max
55042, Lake Elmo median sales prices
Number of sold homes in 55042, Lake Elmo
LocationSep - Nov '09y-o-y3 months prior1 year prior5 years prior
55042$230,000-37.8%$269,000$369,900$399,000
Lake Elmo$230,000-37.8%$269,000$369,900$399,000
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Lake Elmo, 55042 Summary

The median sales price for homes in ZIP code 55042 for Sep 09 to Nov 09 was $230,000. This represents a decline of 14.5%, or $39,000, compared to the prior quarter and a decrease of 37.8% compared to the prior year. Sales prices have depreciated 42.4% over the last 5 years in 55042, Lake Elmo.

Average listing price for homes on Trulia in ZIP code 55042 was $676,532 for the week ending Dec 16, which represents an increase of 2.1%, or $13,820 compared to the prior week and an increase of 1.2%, or $8,211, compared to the week ending Nov 25. Average price per square foot for homes in 55042 was $190 in the most recent quarter.

 

Average Listing Price in 55042

Embed Info
1 yr 5 yr Max
55042, Lake Elmo average property price
55042, Lake Elmo – number of properties
LocationWeek ending
Dec 16
w-o-wWeek ending
Dec 9
Week ending
Dec 2
Week ending
Nov 25
55042$676,532+2.1%$662,712$666,344$668,321
Lake Elmo$676,532+2.1%$662,712$666,112$668,321
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Average Price Per Sqft for Homes in 55042

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1 yr 5 yr Max
55042, Lake Elmo average price per square foot
LocationSep - Nov '09y-o-y3 months prior1 year prior5 years prior
55042$190-18.1%$205$232$219
Lake Elmo$190-18.1%$205$232$219
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Popular Zips in Lake Elmo

Zips Week ending
Dec 16
w-o-w Week ending
Dec 9
Week ending
Dec 2
55042 1 — 1 1
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Homes for Sale in 55042

3217 Lake Elmo Avenue N, Lake Elmo MN
3217 Lake…
$246,500
3 br  2 ba
4351 Jack Pine Trail North, Lake Elmo MN
4351 Jack…
$250,000
4 br  3 ba
655 Jewel Avenue N, Lake Elmo MN
655 Jewel…
$700,000
5 br  4 ba
2958 Jonquil Trail North, Lake Elmo MN
2958 Jonqu…
$160,000
 
2979 Jonquil Trail North, Lake Elmo MN
2979 Jonqu…
$180,000
 
2971 Jonquil Trail North, Lake Elmo MN
2971 Jonqu…
$190,000
 
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55042, Lake Elmo

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Nearby Cities

Cities
Median
sales price
Average
listing price
Oakdale
$161,000
$194,146
Willernie
$215,000
$126,191
West Lakeland
$1,060,000
$486,080
Stillwater
$206,000
$468,015
Oak Park Heights
$239,000
$170,300
Pine Springs
$270,000
$824,600
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Recent Q&A in Lake Elmo, MN

Q: Offer put in on a short sale...redemption period is up in three weeks, Pre-negotiated by previous offer. 4 answers
Q: rentals and forclosues 5 answers
Q: how is a home purchased via a CD? Is it risky? 3 answers
Q: Which one is a better community? Stonemill farms in woodbury or cobblestone lake in apple valley? 3 answers
Q: What are the 1st time homebuyers options now? 9 answers

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Nearby Cities Real Estate

  • Oakdale Real Estate
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Nearby Cities Sold Homes

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Nearby Cities Home Prices

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55042 Stats & Trends

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Our real estate market trends page gives you a valuable overview of the Lake Elmo real estate market. Find Lake Elmo properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Lake Elmo average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Lake Elmo housing statistics are available for each Lake Elmo, MN neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.