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MN area data

Lake Elmo, MN

Lake Elmo, MN.

Population: 13,705 (Census ACS)

The typical home value in Lake Elmo, MN is $635,455 — up 2.9% over the past year. Homes sell for a median $762,500 after a median 32 days on market. Typical rent runs $2,364/month. 3 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Moderate, with strong wind, hail, lightning the top-rated hazards. Cost of living is 1.4% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$635,455

Typical home value

+2.9%

1-year change

32

Median days on market

Relatively Moderate

Hazard risk (county)

Home values & appreciation

Typical home value
$635,455
1-year appreciation
+2.9%
3-year appreciation
+3.6%
5-year appreciation
+15.5%
10-year appreciation
+53.2%
Peak value since 2000 (Aug 2026)
$635,455
House Price Index (state)
442.4 (+2.4% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$762,500
Median list price
$679,900
Median price per sqft
$236
1-year sale-price change
+16.9%
Median days on market
32 days
Homes sold (recent period)
81
For-sale inventory
64
Sale-to-list ratio
98.4%
Active listings
49
1-year forecast
+1.2%
New listings (monthly)
21

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$2,364/mo
Studio fair-market rent
$1,265/mo
1BR fair-market rent
$1,427/mo
2BR fair-market rent
$1,734/mo
3BR fair-market rent
$2,264/mo
4BR fair-market rent
$2,538/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Average)
98.6 (100 = US avg)
Electricity rate (state-level)
15.8¢/kWh
Natural gas rate (state-level)
$11.00/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
3
Elementary schools
2
Middle schools
1
High schools
0
Avg student-teacher ratio
14.6 : 1
School districts serving the area
Northeast Metro 916, Stillwater Area Public Schools
Schools include
Pankalo Education Center, LAKE ELMO ELEMENTARY, Oak-Land Middle School

Source: NCES school directory, 2024-25 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Moderate
Top hazards (county)
strong wind, hail, lightning, tornado, cold wave
Notable hazard ratings (county)
strong wind: Very High · hail: Relatively High · tornado: Relatively High · lightning: Relatively High · cold wave: Relatively Moderate · heat wave: Relatively Moderate
Most common flood zone among NFIP claims
Zone A05
NFIP flood claims on record
34
Wildfire risk to homes (county)
Higher than 30% of US counties
Buildings in wildfire direct-exposure zone
38.4%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
2
Nearest Superfund site
Oakdale Dump (2.9 mi)
Flood zones vary by property. Look up a specific address on the FEMA Flood Map Service Center.
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA NFIP flood-insurance claims (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
44.0°F
Average high
54.0°F
Average low
35.0°F
Annual precipitation
33.2 in
USDA plant hardiness zone
5a (extreme annual low -20 to -15°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
34
Days with Good air quality
224
Days with Moderate air quality
12
Highest AQI recorded (year)
84

Source: EPA annual air quality index (county-level)

Walkability & transit

Walkability index
8.3 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
78,291
Jobs reachable by transit (45 min)
68,621

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
2
Nearest national park
Mississippi National River & Recreation Area (10 mi)
National parks include
Mississippi National River & Recreation Area, Saint Croix National Scenic Riverway
Airports within 30 mi
36
Nearest airport
Lake Elmo Airport (3 mi)
Nearest major airport
Saint Paul Downtown Holman Field (STP) (8 mi)
Hospitals in or near this ZIP
35
Hospitals include
NORTH MEMORIAL HEALTH HOSPITAL, HENNEPIN COUNTY MEDICAL CENTER, NORTHFIELD HOSPITAL
Avg hospital rating (CMS)
3.7 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)

Migration

Net migration (county)
+665 tax filers

Source: IRS SOI county-to-county migration (county-level; published with a multi-year lag)

Housing stock

Median year housing built
2003
Housing built before 1970
13.8%
Housing built 2000 or later
53.6%
Median annual property tax
$4,805
Mean commute to work
14 min
Households with broadband internet
81.4%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
85,447
Average weekly wage
$1,203
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
2,382

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

Lake ElmoState medianUS median
Typical home value$635,455$300,176$288,527
Median sale price$762,500$315,500$325,000
Median days on market32 days39 days51 days
Typical rent$2,364/mo$1,670/mo$1,809/mo
Median annual property tax$4,805$2,128$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the typical home value in Lake Elmo, MN?
$635,455.
What is the median sale price in Lake Elmo, MN?
$762,500.
How long do homes take to sell in Lake Elmo, MN?
Median days on market: 32 days.
What is typical rent in Lake Elmo, MN?
Typical rent: $2,364/month.
What is the natural-hazard risk in Lake Elmo, MN?
Overall risk: Relatively Moderate (FEMA NRI, county-level). Top hazards: strong wind, hail, lightning, tornado, cold wave.
Is Lake Elmo, MN in a flood zone?
Flood zones vary by property within Lake Elmo, MN. 34 FEMA flood-insurance (NFIP) claims are on record; the most common zone among them is A05. Check a specific address on the FEMA Flood Map Service Center.
What is the wildfire risk in Lake Elmo, MN?
Risk to homes is higher than 30% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Lake Elmo, MN?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Lake Elmo, MN?
2 current or proposed National Priorities List sites within 5 miles (EPA). Nearest site: Oakdale Dump, 2.9 mi.
How many schools serve Lake Elmo, MN?
3 schools (2 elementary, 1 middle) (NCES, 2024-25).
Is Lake Elmo, MN walkable?
Walkability index: 8.3/20 (EPA Smart Location Database).
What is the air quality in Lake Elmo, MN?
Good. Median AQI: 34. (EPA AQI).
What is the cost of living in Lake Elmo, MN?
Regional Price Parity: 98.6 (100 = US average) (Average) (BEA RPP, metro/state-level).

ZIP code for Lake Elmo

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents