1 bedroom homes for sale in Lake Elmo, MN

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Lake Elmo, MN Real Estate Market Overview

The number of homes for sale in Lake Elmo, MN increased by 10.4% between March 2025 and April 2025. In April 2025, listings were on the market for 29 days. During the same period, the median list price in this real estate market was $665,000. Lake Elmo, MN housing market in April 2025 saw over 7 listings sold above listed price, more than 0 sold at listed price and over 5 sold below.
From Rocket Homes Real Estate and based on county public records data

What is it like to live in Lake Elmo, MN

Lake Elmo is located in Washington County, Minnesota. There are roughly 8,180 residents, living in 2,810 households. The average temperature for Lake Elmo this time of the year is low of 47F and high of 71F. On average, Lake Elmo gets about 3.61 inches of precipitation in May. Most residents are home owners (95%), have a post secondary degree (69%) and are married, no kids (40%).

Data provided by Home Junction

Housing market reports in Washington County

Homes for sale near Lake Elmo, MN

Top real estate cities in Minnesota

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1The following offers are available only to clients who are purchasing a home and financing with Rocket Mortgage: (1) Client purchasing with a Rocket Homes Partner Agent through Rocket Homes will receive a lender paid credit that is 1.25% of their loan amount. For example, a $200,000 home purchase price minus a 5% down payment of $10,000 results in a loan amount of $190,000. Client would receive a credit of 1.25% of the $190,000, for a credit of $2,375 toward closing costs. (2) Client is referred by a real estate agent to buy a new home will receive a lender paid credit that is 0.50% of their loan amount. Offer does not apply to new loans submitted through an Executive Loan Officer, mortgage broker, through Schwab, or on nonagency jumbo loans, non-QM loans, bank statement loans, second lien products or team member loans. Offer may not be redeemed for cash and is nontransferable. Offer cannot be retroactively applied to loans where the rate has been locked. Conditions and exclusions apply. This is not a commitment to lend and is contingent on qualification per full underwriting guidelines.

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*Based on Rocket Mortgage data in comparison to public data records.

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