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Elk River, MN 55330 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Elk River, MN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.19
ActiveActive listings: 6363PendingPending sales: 1212
Elk River, MN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $475k$475kSoldMedian sold price (last 6 months): $445k$445k
What homes actually sell for in Elk River, MN
Distribution of 517 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $350k to $505k
$235k to $288k: 54 sales$235k$288k to $340k: 32 sales$340k to $392k: 71 sales$340k$392k to $445k: 78 sales$445k to $498k: 112 sales112sales$445k$498k to $550k: 60 sales$550k to $602k: 38 sales$550k$602k to $655k: 20 salesMedian $445k

What the numbers say

As of September 14, 2026, Resideline is tracking 63 active listings and 12 pending sales in ZIP code 55330. That pending-to-active ratio of 0.19 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $475,000, while the median of the 517 closed sales Resideline tracked over the last six months was $444,900. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 55330 for 55 days.

Frequently asked questions

What is the median home price in 55330?

The median closed sale price in Elk River, MN 55330 was $444,900 over the last six months, based on 517 closed sales tracked by Resideline. The middle half of those sales ranged from $350,170 to $504,600.

Is 55330 a buyer's or seller's market?

Resideline is currently tracking 12 pending sales against 63 active listings in 55330, a pending-to-active ratio of 0.19. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 55330 currently looks like a balanced market.

Nearby ZIP code market data

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