Property prices for sale in Elk River (Minnesota)

The prices in real estate in Elk River, in the Minnesota region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

$316,290.5
Average price last 6 months
$2,128.33
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Elk River has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $3,477. In the following month the price per sq.feet decreased considerably to $2,293. The price for the following two months in (May, June) decreased 86 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 39 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $2,676.5 to $1,032 during July, and August.

Average price

Based upon to the price in Elk River (cities), these have remained the same in the last 6 months. In our first sample month during March, the average price is $323,814. In April This price remains at $319,602. In the following two months the average price has remained the same with regard to the previous two months from $321,708 to $307,974. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $314,841 and $319,189.5 between July and August.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $338,940 they are 35 % more affordable than the average price for Elk River. The properties with the highest average price have 4 bedrooms, Their price is 11 % more costly than the average. After that we have properties with 3 bedrooms priced at $330,713.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $140 / sq.feet, with an average $1,135 / sq.feet price in Elk River. The properties with the highest average prices have 4 bedrooms. They are 110 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,660 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $338,940 it is 64 % cheaper than the average price in Elk River. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $264,299 it is 6 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $140 / sq.feet followed by "Condo" priced at $150 / sq.feet. "House" is the most costly type of property with a $1,547 / sq.feet cost followed by "Land" with an average price of $624 / sq.feet.

Charts data
Average price August
Average price per sq.feet August
Number of properties used in Elk River
Number of properties used in region Minnesota
$338,940
$1,135
1,710
107,872
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Brand New Home In Elk River, Mn. 4 Bed, 3 Bath
 39
Brand New Home In Elk River, Mn. 4 Bed, 3 Bath
$359,840
Elk River, Minnesota - For Sale - House - 2,447 sq.feet - 4 bedrooms - 3 bathrooms
Community in elk river offers our express raised ranch series. Find your dream home... And is located in the community of the express miske meadows at 18896 edison court nw, elk...
Brand New Home In Elk River, Mn. 4 Bed, 3 Bath
 39
Brand New Home In Elk River, Mn. 4 Bed, 3 Bath
$371,840
Elk River, Minnesota - For Sale - House - 2,513 sq.feet - 4 bedrooms - 3 bathrooms
-leading suite of smart home products miske meadows community in elk river offers... And is located in the community of the express miske meadows at 9991 189th avenue nw, elk...
Brand New Home In Elk River, Mn. 4 Bed, 3 Bath
 39
Brand New Home In Elk River, Mn. 4 Bed, 3 Bath
$371,840
Elk River, Minnesota - For Sale - House - 2,513 sq.feet - 4 bedrooms - 3 bathrooms
-leading suite of smart home productsmiske meadows community in elk river offers... And is located in the community of the express miske meadows at 10031 189th avenue nw, elk...
Brand New Home In Elk River, Mn. 4 Bed, 3 Bath
 46
Brand New Home In Elk River, Mn. 4 Bed, 3 Bath
$362,090
Elk River, Minnesota - For Sale - House - 2,268 sq.feet - 4 bedrooms - 3 bathrooms
Home products miske meadows community in elk river offers our express raised... And is located in the community of the express miske meadows at 10013 189th avenue nw, elk...
Brand New Home In Elk River, Mn. 4 Bed, 3 Bath
 40
Brand New Home In Elk River, Mn. 4 Bed, 3 Bath
$355,090
Elk River, Minnesota - For Sale - House - 2,268 sq.feet - 4 bedrooms - 3 bathrooms
Suite of smart home productsmiske meadows community in elk river offers our express... And is located in the community of the express miske meadows at 10036 189th avenue nw, elk...
3 Bedroom Home For Rent At 10015 213th Ave Nw, Elk River, Mn 55330
 21
3 Bedroom Home For Rent At 10015 213th Ave Nw, Elk River, Mn 55330
$2,150
Elk River, Minnesota - For Rent - House - 1,850 sq.feet - 3 bedrooms - 2 bathrooms
Rent or rent to own! 3 bedroom + den, 2 bathroom, 3 car garage, 1,850 finished sqft home on 3 acres, oversized garage with plenty of storage and in floor heat,...
Evans Meadows 1 Bedroom Apartment For Rent At 341 Evans Ave Nw, Elk River, Mn 55330
 20
Evans Meadows 1 Bedroom Apartment For Rent At 341 Evans Ave Nw, Elk River, Mn 55330
$1,513
Elk River, Minnesota - For Rent - Apartment - 900 sq.feet - 1 bedroom - 1 bathroom
Bigos management develops rental communities that meet your lifestyle expectations. Evans meadows in elk river is perfectly located just an hour from both st. Cloud...
Dove Tree Apartments 1105 Lions Park Dr Nw, Elk River, Mn 55330
 30
Dove Tree Apartments 1105 Lions Park Dr Nw, Elk River, Mn 55330
$1,040
Elk River, Minnesota - For Rent - Apartment
Dove tree apartments is located in the heart of elk river, within one mile... The corner at dove terrace apartments (1227 school street nw, elk river, mn 55330). Dove...
Granite Shores Elk River
 61
Granite Shores Elk River
$1,659
Elk River, Minnesota - For Rent - Apartment - 1,187 sq.feet - 2 bedrooms - 2 bathrooms
Elk river located right on historic main street granite shores is one of the most... System have a pet after taking them on the many trails and parks elk river has...
Dove Terrace Apartments 1227 School St Nw, Elk River, Mn 55330
 27
Dove Terrace Apartments 1227 School St Nw, Elk River, Mn 55330
$1,092
Elk River, Minnesota - For Rent - Apartment
You'll love the dove! Dove terrace apartments offers spacious 1, 2 and 3 bedroom apartments at a convenient location in elk river, minnesota. Enjoy the huge closets...