MN area data
Elk river, MN
Elk river, MN.
Population: 45,721 (Census ACS)
The median home value in Elk river, MN is $421,993 — up 1.6% over the past year. Homes sell for a median $259,250 after a median 53 days on market. Typical rent runs $2,139/month. 27 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with strongwind, hail, lightning the top-rated hazards. Cost of living is 2.5% below the US average (BEA, metro/state-level).
$421,993
Median home value
+1.6%
1-year change
53
Median days on market
Relatively Low
Hazard risk (county)
Home values & appreciation
- Median home value
- $421,993
- 1-year appreciation
- +1.6%
- 3-year appreciation
- +5.4%
- 5-year appreciation
- +16.6%
- 10-year appreciation
- +71.3%
- All-time peak (2026-02)
- $423,378
- House Price Index (state)
- 429.3 (+3.3% YoY)
Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)
Market activity
- Median sale price
- $259,250
- Median list price
- $268,500
- Median price per sqft
- $174
- 1-year sale-price change
- -1.4%
- Median days on market
- 53 days
- Homes sold (recent period)
- 34
- For-sale inventory
- 172
- Sale-to-list ratio
- 100.0%
- Active listings
- 21
- 1-year forecast
- 0.0%
- Days to pending
- 30 days
- New listings (monthly)
- 76
Source: recent area sales and market data (ZIP-level)
Rents
- Typical rent
- $2,139/mo
- Studio fair-market rent
- $754/mo
- 1BR fair-market rent
- $943/mo
- 2BR fair-market rent
- $1,176/mo
- 3BR fair-market rent
- $1,529/mo
- 4BR fair-market rent
- $1,764/mo
Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)
Affordability
- Cost of living index (Average)
- 97.5 (100 = US avg)
- Electricity rate (state-level)
- 15.8¢/kWh
- Natural gas rate (state-level)
- $11.00/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)
Schools
- Total schools
- 27
- Elementary schools
- 9
- Middle schools
- 7
- High schools
- 9
- Charter schools
- 4
- School districts serving the area
- SPECTRUM HIGH SCHOOL, Three Rivers Montessori School, Elk River Public School District
- Schools include
- SPECTRUM HIGH SCHOOL, Spectrum Middle School - Grade 6, Spectrum Middle School - Grades 7-8, Three Rivers Montessori School, MEADOWVALE ELEMENTARY
Source: NCES school directory, 2022-23 (school-address-based)
Natural hazards & flood risk
- Overall hazard risk (county)
- Relatively Low
- Top hazards (county)
- strongWind, hail, lightning, tornado
- Notable hazard ratings (county)
- coldWave: Relatively Low · drought: Relatively Low · hail: Relatively Moderate · heatWave: Relatively Low · iceStorm: Relatively Low · inlandFlooding: Relatively Low
- FEMA flood zone
- AE
- Flood risk level
- High
- Wildfire risk to homes (county)
- Higher than 45% of US counties
- Buildings in wildfire direct-exposure zone
- 66.0%
- Radon potential (county)
- High radon potential — EPA Zone 1 of 3
- EPA Superfund (NPL) sites within 5 mi
- None
- Nearest Superfund site
- South Andover Site (14.6 mi)
Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL
Climate (30-year normals)
- Average annual temperature
- 48.0°F
- Average high
- 56.0°F
- Average low
- 39.0°F
- Annual precipitation
- 36.9 in
- Annual snowfall
- 49.8 in
- USDA plant hardiness zone
- 4b (extreme annual low -25 to -20°F)
Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)
Walkability & transit
- Walkability index
- 8.2 / 20
- Transit service frequency
- -99,999
- Jobs reachable by car (30 min)
- 58,441
- Jobs reachable by transit (45 min)
- 59,431
Source: EPA Smart Location Database (metropolitan block groups)
Amenities
- National parks within ~60 mi
- 1
- Nearest national park
- Mississippi National River & Recreation Area (35 mi)
- Airports within 30 mi
- 30
- Nearest airport
- Meadowvale Airport (2 mi)
- Nearest major airport
- Saint Cloud Regional Airport (STC) (28 mi)
- Hospitals nearby (~15 mi)
- 6
- Hospitals include
- CAMBRIDGE MEDICAL CENTER, BUFFALO HOSPITAL, MERCY HOSPITAL
- Avg hospital rating (CMS)
- 3.8 / 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 · DOE/NREL (proximity-based)
Migration
- Net migration (county)
- +310 tax filers
Source: IRS county-to-county migration data (county-level, ~12-month lag)
Housing stock
- Median year housing built
- 2,000
- Housing built before 1970
- 10.6%
- Housing built 2000 or later
- 49.7%
- Median annual property tax
- $4,150
- Mean commute to work
- 24 min
- Households with broadband internet
- 81.8%
Source: Census ACS 5-year estimates (ZIP-level)
Employment & development
- Total county employment
- 23,082
- Average weekly wage
- $1,051
- Top industries (by employment)
- Health Care, Accommodation & Food, Construction
- Annual residential building permits (county)
- 264
Sources: BLS QCEW (county-level) · Census Building Permits (county-level)
How it compares
| Elk river | State median | US median | |
|---|---|---|---|
| Median home value | $421,993 | $304,931 | $289,727 |
| Median sale price | $259,250 | $315,500 | $325,000 |
| Median days on market | 53 days | 39 days | 51 days |
| Typical rent | $2,139/mo | $1,678/mo | $1,808/mo |
| Median annual property tax | $4,150 | $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 median home value in Elk river, MN?
- $421,993.
- What is the median sale price in Elk river, MN?
- $259,250.
- How long do homes take to sell in Elk river, MN?
- Median days on market: 53 days.
- What is typical rent in Elk river, MN?
- Typical rent: $2,139/month.
- What is the natural-hazard risk in Elk river, MN?
- Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: strongWind, hail, lightning, tornado.
- Is Elk river, MN in a flood zone?
- High (FEMA NFIP). FEMA flood zone AE.
- What is the wildfire risk in Elk river, MN?
- Risk to homes is higher than 45% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
- What is the radon potential in Elk river, MN?
- High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
- Are there Superfund sites near Elk river, MN?
- No current or proposed National Priorities List sites within 5 miles (EPA).
- How many schools serve Elk river, MN?
- 27 schools (9 elementary, 7 middle, 9 high) (NCES, 2022-23).
- Is Elk river, MN walkable?
- Walkability index: 8.2/20 (EPA Smart Location Database).
- What is the cost of living in Elk river, MN?
- Regional Price Parity: 97.5 (100 = US average) (Average) (BEA RPP, metro/state-level).
ZIP code for Elk river
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Data last updated
Most recent source refresh: Sep 2026. See all data sources →