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Median Home Price in Elko New Market, MN

The median home value in Elko New Market, MN is $481,248 as of 2026-06-30, up 2.19% from a year earlier.

Median Home Value

$481,248

Year-over-Year

+2.19%

Population

5,126

Elko New Market ranks #15 of 112 Minnesota cities tracked here by median home value, and sits 34.7% above the state's city median of $357,406. It sits in Scott County, where the county-wide median is $450,087.

Crime in Elko New Market

Elko New Market police recorded a violent crime rate of 0 per 100,000 residents in 2024 — lower than most cities that report to the FBI. Property crime runs at 0 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Elko New Market

How much does a house cost in Elko New Market, MN?

The median home value in Elko New Market is $481,248. That's up 2.19% from a year earlier. That is about 34.7% above the typical county in Minnesota.

Is Elko New Market expensive compared to the surrounding area?

Homes in Elko New Market are more expensive than Scott County as a whole, where the median is $450,087 — a difference of about 6.9%.

Is Elko New Market a safe place to live?

Elko New Market police reported 0 violent crimes per 100,000 residents, covering a population of about 5,126. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.