Current Price

$452,999

1 Month Forecast

â–² $476,381

1-Year Forecast *

â–² $503,023

5-Year Forecast *

â–² $538,632

"Is it a good time to buy homes in Elko New Market?" "Does investing in real estate in Elko New Market (Minnesota State, Scott County) worth it?" According to our live Forecast System, buying a house in Elko New Market is a good short-term (1-year) investment*. The Elko New Market average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Elko New Market" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Elko New Market in Minnesota State, Scott County. If you are looking for homes for sale with good flipping profit, Elko New Market can be a profitable property investment option. The median price of an average house in Elko New Market was 452,999 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Elko New Market" area is 538,632 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +18.90% meaning that investing 100000 USD today may yield a profit of 18,904 USD by 2031.

Current Median Listing Price: 452,999 USD Median Listing Price Per Square Foot: 252 USD

Elko New Market Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Elko New Market (Minnesota State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Elko New Market Price Target

Elko New Market median home price target in 12 months: $503,023* (upside of 11.0%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $474,074 $474,030 $473,158 $474,271
2024 $442,175 $452,999 $442,175 $452,999
2023 $441,392 $442,996 $438,441 $444,577
2022 $427,425 $443,658 $427,425 $454,766
2021 $373,972 $423,500 $373,972 $423,500
2020 $343,491 $369,486 $343,491 $369,486
2019 $331,300 $341,292 $331,300 $341,292
2018 $315,270 $330,666 $315,270 $330,666
2017 $300,318 $314,262 $300,318 $314,262
2016 $280,013 $297,803 $280,013 $297,803
2015 $264,676 $277,655 $264,676 $277,655
2014 $252,568 $264,498 $252,568 $264,498
2013 $223,353 $250,816 $223,353 $250,816
2012 $207,900 $221,522 $207,900 $221,522

Questions & Answers about the Elko New Market Housing Market Forecast

How much does an average home cost in Elko New Market today?

The value of an average home (the listing price) in Elko New Market is $452,999 USD.

What is the average price per square foot in Elko New Market?

According to Walletinvestor the median price per square foot in Elko New Market is 252 USD.

Will the median listing price of homes in Elko New Market grow / rise / go up?

Yes. The Elko New Market home prices may rise from 452,999 USD to 503,023 USD in one year.

Is it profitable to invest in Elko New Market homes?

Yes. The long-term profit potential is +11.04% in one year.

Will Elko New Market house prices fall / drop?

No. See above.

What is the predicted price of a Elko New Market home in 2030?

The predicted home sales price of a Elko New Market home in 2030 in Elko New Market is 517,546 USD.

What is the predicted price of a Elko New Market home in 2035?

The predicted home sales price of a Elko New Market home in 2035 in Elko New Market is 576,763 USD.

Will real estate prices decrease in Elko New Market?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Elko New Market is the 7454. largest city in the United States, located in Minnesota State.

During the last 12 months the real estate prices in Scott, Elko New Market decreased, looking at the past 12 months.

According to Walletinvestor's Elko New Market real estate market research, home values will increase in the next 12 months.

Median home values decreased by 4.402% to 452,999 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 11.973% in 2021
  • 12.793% in 2022
  • 9.353% in 2023
  • 9.343% in 2024
  • 12.363% in 2025
  • 9.863% in 2026

Based on our Elko New Market real estate market research and report the predicted sales prices will increase by 185.037% in the next 10 years.

Over the last 12 months, the value of homes in Elko New Market fluctuated: increasing 2 times and decreasing 2 times.

Elko New Market (Minnesota) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Elko New Market Housing Market Forecast with Real Estate Prices for 2025
August 2025 476381 445416 507346
September 2025 478744 442359 515128
October 2025 481118 441185 521051
November 2025 483504 446274 520734
December 2025 485902 444600 527203
Elko New Market Housing Market Forecast with Real Estate Prices for 2026
January 2026 488311 452665 523958
February 2026 490733 444113 537353
March 2026 493167 466043 520291
April 2026 495612 465876 525349
May 2026 498070 472171 523970
June 2026 500540 458996 542085
July 2026 503023 456745 549301
August 2026 505517 463054 547981
September 2026 508024 469414 546634
October 2026 510544 475316 545771
November 2026 511772 470318 553225
December 2026 510071 469265 550877
Elko New Market Housing Market Forecast with Real Estate Prices for 2027
January 2027 508376 468214 548537
February 2027 506686 462098 551274
March 2027 505002 475712 534292
April 2027 503366 459070 547663
May 2027 501693 469083 534303
June 2027 500026 455024 545028
July 2027 498666 469245 528087
August 2027 498772 467349 530195
September 2027 499485 470515 528455
October 2027 500800 468248 533352
November 2027 502149 471518 532780
December 2027 503839 470586 537092
Elko New Market Housing Market Forecast with Real Estate Prices for 2028
January 2028 505112 455106 555118
February 2028 505645 455081 556210
March 2028 504951 460515 549387
April 2028 503847 462531 545162
May 2028 502913 459160 546667
June 2028 503169 458387 547951
July 2028 504684 464309 545058
August 2028 506619 480274 532963
September 2028 507886 480460 535311
October 2028 507998 465327 550670
November 2028 507966 468853 547080
December 2028 508392 469246 547538
Elko New Market Housing Market Forecast with Real Estate Prices for 2029
January 2029 509588 460158 559018
February 2029 511628 472745 550512
March 2029 513507 467291 559722
April 2029 515224 471945 558503
May 2029 517779 491372 544186
June 2029 517995 469303 566686
July 2029 517546 490116 544976
August 2029 517105 473151 561059
September 2029 516779 482672 550886
October 2029 516972 465275 568670
November 2029 517732 472689 562774
December 2029 520299 492203 548395
Elko New Market Housing Market Forecast with Real Estate Prices for 2030
January 2030 522880 486278 559481
February 2030 525473 481858 569087
March 2030 528079 496394 559763
April 2030 530697 482404 578991
May 2030 533329 489063 577596
June 2030 535974 490952 580996
July 2030 538632 494464 582800
August 2030 541303 507743 574864
September 2030 543988 491765 596211
October 2030 546686 496391 596981
November 2030 549397 499951 598843
December 2030 552121 503535 600708
Elko New Market Housing Market Forecast with Real Estate Prices for 2031
January 2031 554860 500483 609236
February 2031 557611 523597 591626
March 2031 558953 505293 612612
April 2031 557095 519213 594977
May 2031 555243 525816 584671
June 2031 553398 518534 588262
July 2031 551559 509089 594029
August 2031 549772 520634 578910
September 2031 547945 511233 584657
October 2031 546124 517725 574522
November 2031 544639 500523 588754
December 2031 544754 494637 594872
Elko New Market Housing Market Forecast with Real Estate Prices for 2032
January 2032 545533 500254 590812
February 2032 546969 509775 584163
March 2032 548442 499083 597802
April 2032 550288 496360 604217
May 2032 551679 512510 590848
June 2032 552261 497035 607487
July 2032 551503 500213 602793

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.