The median home value in Lake Elmo, MN is $679,894. This is higher than the county median home value of $308,100. The national median home value is $219,700. The average price of homes sold in Lake Elmo, MN is $679,894. Approximately 91.94% of Lake Elmo homes are owned, compared to 5.41% rented, while 2.64% are vacant. Lake Elmo real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lake Elmo real estate agent to arrange a tour today!
Lake Elmo, Minnesota has a population of 8,621. Lake Elmo is less family-centric than the surrounding county with 36.64% of the households containing married families with children. The county average for households married with children is 37.06%.
The median household income in Lake Elmo, Minnesota is $101,528. The median household income for the surrounding county is $89,598 compared to the national median of $57,652. The median age of people living in Lake Elmo is 41.1 years.
The average high temperature in July is 81 degrees, with an average low temperature in January of 3.1 degrees. The average rainfall is approximately 32.2 inches per year, with 50.6 inches of snow per year.