Is Elk River, MN 55330 a buyer’s or seller’s market?
Elk River is a seller’s market. With about 2.1 months of supply and 30% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Competition score71/ 100
More competitive than 75% of U.S. ZIP codes, and #126 of 296 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
Months of supply2.1Under 4 months = seller’s market
Sold above original list30.4%Share of sales, last 3 months
Median sale-to-list100.2%Sold price ÷ list price
Median days on market30Listing to accepted offer
Median price per sq ft$198▲ +3.8% vs. last year
Run the numbers for 55330
Nearby markets
Becker 55308Seller’s market $193 /sq ftBig Lake 55309Seller’s market $187 /sq ftClear Lake 55319Balanced $216 /sq ftSaint Cloud 56304Seller’s market $147 /sq ft Browse all markets →More tools for 55330
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology