House Prices

House Prices & Home Values Elk River, MN 2026


Average Data

average house price$363,604
average size per house2306 ft²
average price per ft²158 $ / ft²

04/05/2026 - The value range (VR) for house prices in Elk River, MN is $149/ sqft to $149/ sqft. An average home with 2306 sqft costs approximately $343,594 to $343,594. Elk River, MN includes 1 ZIP codes and it is located in Sherburne county. The lowest prices are found in ZIP 55330, while the highest are in ZIP 55330. The average price per sqare feet is $158. Our analysis is based on 13 property listings.

Avergage prices by ZIP codes Elk River

55330160 $ / ft²




Historical development of home values in Elk River

Year Estimated value (USD) Change vs. 2025
2010 $168,864 -53.6%
2011 $162,334 -55.4%
2012 $161,897 -55.5%
2013 $167,949 -53.8%
2014 $176,300 -51.5%
2015 $185,348 -49.0%
2016 $195,021 -46.4%
2017 $205,547 -43.5%
2018 $216,911 -40.3%
2019 $226,968 -37.6%
2020 $238,701 -34.4%
2021 $271,497 -25.3%
2022 $316,505 -13.0%
2023 $333,769 -8.2%
2024 $353,078 -2.9%
2025 $363,604 0.0%

Graph: estimated home values in Elk River over time (USD)



Example: 100% financing house in Elk River

Loan amount: $363,604

Interest rate: 6.00%

Fixed monthly payment: $2,179.99

Breakdown in the 1st month:
Interest portion: $1,818.02  –  Principal portion: $361.97

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $21,694.78 $4,465.10 $359,138.90
2 $21,419.38 $4,740.50 $354,398.40
3 $21,127.00 $5,032.88 $349,365.52
4 $20,816.58 $5,343.30 $344,022.22
5 $20,487.02 $5,672.86 $338,349.36
6 $20,137.13 $6,022.75 $332,326.61
7 $19,765.66 $6,394.22 $325,932.39
8 $19,371.27 $6,788.60 $319,143.79
9 $18,952.57 $7,207.31 $311,936.48
10 $18,508.04 $7,651.84 $304,284.64
11 $18,036.09 $8,123.79 $296,160.86
12 $17,535.03 $8,624.85 $287,536.01
13 $17,003.07 $9,156.81 $278,379.20
14 $16,438.30 $9,721.58 $268,657.62
15 $15,838.69 $10,321.18 $258,336.44
16 $15,202.10 $10,957.77 $247,378.67
17 $14,526.25 $11,633.62 $235,745.04
18 $13,808.72 $12,351.16 $223,393.88
19 $13,046.92 $13,112.95 $210,280.93
20 $12,238.15 $13,921.73 $196,359.20
21 $11,379.48 $14,780.39 $181,578.81
22 $10,467.86 $15,692.02 $165,886.79
23 $9,500.01 $16,659.86 $149,226.93
24 $8,472.47 $17,687.41 $131,539.52
25 $7,381.55 $18,778.33 $112,761.19
26 $6,223.34 $19,936.54 $92,824.65
27 $4,993.70 $21,166.18 $71,658.48
28 $3,688.22 $22,471.66 $49,186.82
29 $2,302.21 $23,857.66 $25,329.15
30 $830.72 $25,329.15 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Elk River, MN


1500 sqft3900 sqft
Ø selling price$286,771$610,038
Ø fast selling$260,701$549,035
Ø high price sale$312,840$671,042

In 2026, houses in Elk River, MN will be offered at an average price of $158 per square foot. A 1,500 sqft home priced at $286,771 is 24.61% more expensive per square foot than a 3,900 sqft home priced at $610,038. Home prices in Elk River, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $422,335. Sellers who can wait longer may achieve a higher price of up to $516,187.

FAQ – Home Values in Elk River

What is the median home value in Elk River in 2026?

In 2026, the typical home value in Elk River is about $363,604 for an average home size of 2306 square feet. This corresponds to an average price of roughly $158 per square foot.

What is the average cost per square foot in Elk River?

In 2026, homes in Elk River sell for an average of around $158 per square foot, with a typical range between $149 and $149 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Elk River is about 2306 square feet, with an estimated 2026 value around $363,604.



Locations close to Elk River, MN

Excelsior, MN282 $ / ft²
Fairfax, MN143 $ / ft²
Franklin, MN128 $ / ft²
Eden Valley, MN419 $ / ft²
Delano, MN180 $ / ft²
Dayton, MN199 $ / ft²
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