Skip to main content

MN area data

Elk river, MN

Elk river, MN.

Population: 45,721 (Census ACS)

Home values & appreciation

Median home value
$421,993
1-year appreciation
+1.6%
3-year appreciation
+5.4%
5-year appreciation
+16.6%
10-year appreciation
+71.3%
All-time peak (2026-02)
$423,378
House Price Index
429.3 (+3.3% YoY)

Market activity

Median sale price
$259,250
Median list price
$268,500
Median days on market
53 days
Sale-to-list ratio
100.0%
Active listings
21
1-year forecast
0.0%
Days to pending
30 days
New listings (monthly)
76

Rents

Typical rent
$2,139/mo
1BR fair-market rent
$943/mo
3BR fair-market rent
$1,529/mo

Affordability

Cost of living index (Average)
97.5 (100 = US avg)
Electricity rate (state-level)
15.8¢/kWh
Natural gas rate (state-level)
$11.00/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
27
Elementary schools
9
Middle schools
7
High schools
9
Charter schools
4

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
strongWind, hail, lightning, tornado
FEMA flood zone
AE
Flood risk level
High

Climate (30-year normals)

Average annual temperature
48.0°F
Average high
56.0°F
Average low
39.0°F
Annual precipitation
36.9 in
Annual snowfall
49.8 in

Walkability & transit

Walkability index
8.2 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
1
Nearest national park
Mississippi National River & Recreation Area (35 mi)
Nearest airport
Meadowvale Airport (2 mi)
Nearest major airport
Saint Cloud Regional Airport (STC) (28 mi)
Hospitals nearby (~15 mi)
6
Avg hospital rating
3.8 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
+310 tax filers

Housing stock

Median year housing built
2,000
Median annual property tax
$4,150
Mean commute to work
24 min
Households with broadband internet
81.8%

Employment & development

Total county employment
23,082
Average weekly wage
$1,051
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
264

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents