Sale prices by area / Elko New Market
Elko New Market: what homes actually sold for
Every sale below comes from the certificate of real estate value (eCRV) filed with the state when property changes hands. The median arm's-length price in 2026 was $455,000, up 83% from $248,600 in 2015.
Median price (2026)
$455,000
Sales in 2026
87
Investor/entity buyers
17%
Median sale price by year
| Year | Median | Middle half | Sales | Investor share |
|---|---|---|---|---|
| 2015 | $248,600 | $182,250 to $285,900 | 114 | 10.5% |
| 2016 | $270,000 | $189,000 to $324,050 | 117 | 8.6% |
| 2017 | $281,500 | $224,925 to $327,675 | 114 | 11.4% |
| 2018 | $314,483 | $255,000 to $355,000 | 121 | 8.3% |
| 2019 | $309,950 | $230,000 to $350,000 | 122 | 8.2% |
| 2020 | $332,050 | $234,000 to $384,400 | 148 | 15.5% |
| 2021 | $375,000 | $254,925 to $439,250 | 186 | 24.7% |
| 2022 | $410,000 | $279,900 to $506,975 | 139 | 10.8% |
| 2023 | $444,900 | $355,000 to $499,900 | 89 | 11.2% |
| 2024 | $415,000 | $286,000 to $500,000 | 96 | 20.8% |
| 2025 | $417,250 | $259,675 to $500,000 | 172 | 25.6% |
| 2026 | $455,000 | $375,200 to $514,500 | 87 | 17.2% |
Arm's-length sales only: gifts, related-party transfers, and sales flagged as non-market are excluded, as are prices under $3,000. Investor share counts sales where a buyer is an organization (LLC, trust, company) rather than an individual.
Largest sales in the last 12 months
| 9855 | February 27, 2026 | $3,500,000 |
| 27150 Pete's Hill Trail | December 31, 2025 | $870,700 |
| Parcel 2 of Outlot A New Market School Addition | July 31, 2025 | $742,383 |
| 9585 Andrew Avenue | November 21, 2025 | $660,560 |
| 27155 Hickory Ridge Dr | March 6, 2026 | $635,000 |
| 27541 Andrew Ave | March 27, 2026 | $635,000 |
| 9520 Andrew Ct. | May 15, 2026 | $605,000 |
| 26391 Preserve Dr. | April 6, 2026 | $599,900 |
Large transactions are often commercial or multi-parcel deals, not single homes.
Wondering how your own assessment compares to what homes really sell for? Check your address with the free assessment lookup, run the two-minute appeal checkup, and know this year's appeal deadlines.
Source: Minnesota Department of Revenue eCRV weekly sales extracts, October 2014 to present, updated weekly. Medians and shares are computed from arm's-length sales as described above.