Elk River Real Estate

Why you should buy or sell in Elk River, MN?



Elk River is a city located in central Minnesota that offers a high quality of life for its residents. Elk River is a relatively small city with a population of around 25,000 people. It is surrounded by natural beauty, with several parks, lakes, and forests in the area. Residents can enjoy hiking, fishing, boating, and other outdoor activities throughout the year.

Elk River has a strong economy, with a mix of manufacturing, retail, and service industries. Several major employers are in the area, including Elk River Area School District, Federal Premium Ammunition, and Cretex Companies.

Elk River has a rich history that dates back to the 19th century, with several historic buildings and landmarks in the area. The city was named after the Elk River, which flows through the area and was an important transportation route in the past.

Many consider Elk River to be a family-friendly community that offers excellent schools, parks, and community events. Residents can enjoy a high quality of life and a sense of community in Elk River.

Some fun things to do in Elk River include visiting the Oliver H. Kelley Farm, exploring the Elk River Arts Alliance, hiking in the Sand Dunes State Forest, and visiting the Elk River Library.

The housing market in Elk River is affordable compared to other cities in the Twin Cities. There are a variety of housing options available, including single-family homes, townhouses, and apartments.

The Elk River Area School District serves the city and is known for its high-quality education. The district has several elementary schools, middle schools, and a high school, as well as alternative education options.

Elk River has several neighborhoods with distinct characteristics and amenities:

Historic Downtown Elk River: This area is in the heart of Elk River and features several historic buildings, local shops, restaurants, and community events throughout the year. Housing options in this area include historic homes and apartments.

Mississippi River Estates: This neighborhood is located along the Mississippi River and offers beautiful views of the river and surrounding natural areas. Housing options in this area include single-family homes and townhouses.

Lions Park: This neighborhood is located near Lions Park, which features several recreational amenities, including a playground, ball fields, and picnic areas. Housing options in this area include single-family homes and townhouses.

Trout Brook Farms: This neighborhood is located on the southern edge of Elk River and features new construction homes, parks, and trails. Housing options in this area include single-family homes and townhouses.

Orono Oaks: This neighborhood is located on the western edge of Elk River and offers a more rural setting with larger lots and natural areas. Housing options in this area include single-family homes and estates.

Overall, Elk River's neighborhoods offer a mix of housing options and amenities, with a focus on natural beauty and community. Please consult our realtors for up-to-date information and expert advice on the housing market, property values, the home buying process, real estate listings, and homes for sale in Elk River MN.

Your Elk River, MN Dream Home Is Waiting!

Purchasing a property in Elk River is one of the biggest financial investments you will ever make. It can be exciting, and also stressful. As skilled negotiators we will walk you through making the right offer and strategically navigating everything from inspection to closing. As your buyer’s agent, we will be your advocate every step of the way.

Elk River

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Local market trends at a glance.

Starter Home Prices Are Soaring and Luxury Is in a Slump—What’s Going On? Knowing what is happening in the housing market will help you make calculated decisions. Get an up-to-date market report customized for Elk River and surrounding areas.

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Elk River - Town vs. County Stats

Avg Price in Elk River: $494,300 / County Avg $475,300

104%

Avg Taxes in Elk River: $4,600 / County Avg $2,900

159%

Avg Sq. Ft. in Elk River: 2,476 / County Avg 2,275

109%

Avg Price per/sqft in Elk River:$200 / County Avg $209

96%

Avg Year Built in Elk River: 2003 / County Avg 2005

100%

Avg Days on Website in Elk River: 55 / County Avg 60

92%

Elk River Real Estate Market Health

New Listings
Reductions
Foreclosures
Short Sales