Lake Elmo, Minnesota
Lake Elmo Real Estate
Homes for sale, local facts and advice for buying or selling in Lake Elmo, Washington County, from Huerkamp Home Group.
Key takeaways
What should you know about Lake Elmo at a glance?
Lake Elmo is a east metro city in Washington County, home to 14,161 people. Here's what the public numbers say.
- Population: 14,161 (Census 2024 estimate; +24.9% since 2020)
- Median home value: $597,000, 41% higher than the Washington County median (owner estimates, Census ACS)
- Median household income: $153,669, 33% higher than Washington County
- Homeownership: 93.5% of households own their home (Minnesota: 72.2%)
- Getting around: about 35 minutes to downtown Minneapolis and 34 minutes to MSP Airport in light traffic
- Schools: Stillwater Area Public School District covers about 78% of the city
Sources: US Census Bureau 2024 population estimates and 2020–2024 American Community Survey; drive times from OpenStreetMap routing.
For sale now
Where can I find Lake Elmo homes for sale?
The newest Lake Elmo listings, live from the NorthstarMLS. Open any home for photos, maps and saved-search alerts.
$931,59511177 Masters Street N, Lake Elmo, MN 55042MLS #7168745
Listing courtesy of Lennar Sales Corp
$590,0008876 9th Place N, Lake Elmo, MN 55042MLS #7167321Listing courtesy of Keller Williams Premier Realty
Open Sat, Nov 7 · 5:30–7:15 PM$675,0008281 Deer Pond Trail N, Lake Elmo, MN 55042MLS #7165240Listing courtesy of Keller Williams Premier Realty
Open Thu, Nov 5 · 9–11:30 PM$599,9004990 Jamaca Avenue N, Lake Elmo, MN 55042MLS #7159159Listing courtesy of Weichert, Realtors-Advantage
$765,00011117 41st Street Circle N, Lake Elmo, MN 55042MLS #7161790Listing courtesy of Bjorklund Realty, Inc.
$799,9003233 Lilac Avenue N, Lake Elmo, MN 55042MLS #7161058Listing courtesy of Offsite Realty Inc
See all 64 Lake Elmo homes for sale
- Under $200,000 1
- Under $250,000 2
- Under $300,000 2
- Under $350,000 3
- Under $400,000 11
- Under $450,000 17
- Under $500,000 21
- Under $600,000 32
- Under $700,000 42
- Under $800,000 48
- Under $1 million 54
- Under $1.5 million 60
- Under $2 million 62
- $1 million and up 10
- Single-family homes 13
- Condos 50
- Land and lots 1
- 3+ bedrooms 60
- 4+ bedrooms 25
- 5+ bedrooms 12
- New construction 25
- Lakefront 2
- 1+ acre 8
Keller Williams Preferred Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Keller Williams Preferred Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Keller Williams Preferred Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
Keller Williams Preferred Realty participates in Regional MLS’s Broker Reciprocity℠ program, allowing us to display other brokers’ listings on our site. However, Keller Williams Preferred Realty displays only listings located in the Minnesota communities covered on this website. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. Listing data last updated November 3, 2026 at 7:28 PM (Central). Use of listing data is subject to the license agreement. Open House information is subject to change without warning.
Listings from NorthstarMLS, updated every hour from 8 AM to 10 PM.
Recently sold
What did homes in Lake Elmo sell for?
Homes sold in Lake Elmo in the last 6 months, from NorthstarMLS.
See every Lake Elmo sale on the map
This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
Keller Williams Preferred Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Keller Williams Preferred Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Keller Williams Preferred Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
Keller Williams Preferred Realty participates in Regional MLS’s Broker Reciprocity℠ program, allowing us to display other brokers’ listings on our site. However, Keller Williams Preferred Realty displays only listings located in the Minnesota communities covered on this website. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. Use of listing data is subject to the license agreement. Open House information is subject to change without warning.
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Housing market · September 2026
Lake Elmo home prices and sales
Over the 12 months through September 2026, the median sale price in Lake Elmo was $665,000, up 2.9% from the year before, with 251 homes sold.
- Median sale price$665,000+2.9% vs. prior 12 months
- Homes sold251past 12 months
- Days on market52past 12 months
- Months of supply3.1end of September 2026
NorthstarMLS data via the Minneapolis Area REALTORS® Local Market Update, current as of October 7, 2026. Full Lake Elmo market report
Living in
What's it like living in Lake Elmo, MN?
The answer
Lake Elmo is a east metro city, and it's about 35 minutes from downtown Minneapolis and 24 minutes from downtown Saint Paul in light traffic. 84.3% of its homes are single-family houses, the typical home was built around 2004, and 93.5% of households own their home.
Downtown Minneapolis35min
Downtown Saint Paul24min
MSP Airport34min
Mall of America35min
University of Minnesota32min
Hover a community —Lake Elmo14,161 residents · Washington County
Demographics · Lake Elmo, MN
Who lives in Lake Elmo?
According to the Census Bureau, Lake Elmo's median household income is $153,669, 33% higher than the Washington County median (Washington County: $115,345). The median age is 40.8, 93.5% of households own their home and 61.9% of adults hold a bachelor's degree or higher.
Population14,1614,714 households
Median household income$153,669Washington Co. $115,345 · MN $89,062
Median home value$597,000Washington Co. $422,000 · MN $329,300
Median gross rent$2,407Washington Co. $1,710 · MN $1,280
Homeowners93.5%Washington Co. 81.3% · MN 72.2%
Bachelor's degree or higher61.9%Washington Co. 49.1% · MN 39.4%
Median age40.8Washington Co. 39.8 · MN 38.8
Single-family homes84.3%Median year built: 2004
US Census Bureau, American Community Survey 2020–2024 5-year estimates; population from 2024 estimates. Home values are owner estimates; values shown with “+” are the Census reporting cap.
Population trend
How fast is Lake Elmo growing?
Lake Elmo's population grew 24.9% between 2020 and 2024, from 11,334 to 14,161 residents, according to Census Bureau estimates.
US Census Bureau Vintage 2024 population estimates.
Show as a table
| Year | Residents |
|---|---|
| 2020 | 11,351 |
| 2021 | 12,900 |
| 2022 | 13,462 |
| 2023 | 13,775 |
| 2024 | 14,161 |
School planning
Which schools serve a Lake Elmo address?
- Stillwater Area Public School Districtabout 78% of the city
- North St. Paul-Maplewood-Oakdale School Districtabout 19% of the city
- Mahtomedi Public School Districtabout 4% of the city
Ask the district for the school assignment of the exact address for the year you'll enroll, since boundaries can change. Being near a school doesn't guarantee a spot, and charter and private schools set their own rules.
Minnesota Report Card (Department of Education)
District coverage: US Census Bureau 2024 school district boundaries.
Crime data
How can you check reported crime near a home?
Ask the police department that serves the address for its current reports, and compare places only across the same time period and offense definitions. Missing data doesn't mean zero crime, and a citywide number doesn't describe a particular street.
By ZIP code
What does Lake Elmo look like by ZIP code?
ZIP 55042 covers most of Lake Elmo.
| ZIP | Share of city | Median home value | Median household income | Homeowners | Listings |
|---|---|---|---|---|---|
| 55042 | 100% | $602,100 | $154,341 | 93.8% | Homes for sale |
ZIP code areas (ZCTAs) covering at least 5% of the city; values for the whole ZIP area, Census ACS 2020–2024.
Outdoor living
What lakes and water are in Lake Elmo?
Lake Elmo has about 2.1 square miles of water inside city limits. 12 lakes of 10 acres or more touch Lake Elmo; each has its own page with the lakefront homes for sale on it.
- Lake Elmo257 acres
- Lake Jane158 acres
- Lake de Montreville157 acres
- Eagle Point Lake110 acres
- Lake Olson87 acres
- Horse Shoe Lake75 acres
- Goose Lake38 acres
- Sunfish Lake28 acres
- Downs Lake25 acres
- Clear Lake23 acres
- Armstrong Lake21 acres
- Rose Lake20 acres
Commute & transportation
How easy is getting around Lake Elmo?
Lake Elmo residents' average one-way commute is 22.8 minutes (Census ACS). 57.1% drive alone, 0.2% take public transit and 36.6% work from home.
Average commute22.8 minMN average 22.7 min
Drive alone57.1%of workers
Public transit0.2%of workers
Work from home36.6%of workers
Drive times from Lake Elmo
- 35 minDowntown Minneapolis
- 24 minDowntown Saint Paul
- 34 minMSP Airport
- 35 minMall of America
- 32 minUniversity of Minnesota
Drive times: OSRM routing on OpenStreetMap data from the city's Census center point, light traffic. Rush hour takes longer.
Economy & jobs
Where do Lake Elmo residents work?
The largest share of employed Lake Elmo residents work in education, health care and social assistance (22.2%), followed by manufacturing (14.3%). The unemployment rate averaged 2.3% over 2020–2024 (Minnesota: 4.1%).
Census ACS 2020–2024, industry of employed residents 16 and older (C24050) and employment status (B23025).
- Education, health care and social assistance22.2%
- Manufacturing14.3%
- Professional, scientific and management services11.6%
- Finance, insurance and real estate11.5%
- Retail trade9.3%
- Wholesale trade7.9%
City comparison
How does Lake Elmo compare to Oakdale, Pine Springs and Landfall?
The three communities with the shortest drive from Lake Elmo, side by side.
| Metric | Lake Elmo | Oakdale | Pine Springs | Landfall |
|---|---|---|---|---|
| Population (2024) | 14,161 | 30,441 | 384 | 843 |
| Change since 2020 | +24.9% | +7.6% | -1.8% | -0.4% |
| Median home value | $597K | $318K | $627K | $19K |
| Median household income | $154K | $94K | $156K | $42K |
| Median gross rent | $2,407 | $1,481 | — | — |
| Homeowners | 93.5% | 77.5% | 100% | 95.7% |
| Median age | 40.8 | 39.7 | 42.4 | 36.9 |
| Average commute | 22.8 min | 23.5 min | 18.6 min | 21.1 min |
| Drive to downtown Minneapolis | 35 min | 29 min | 28 min | 26 min |
Census 2024 estimates and ACS 2020–2024; drive times from OpenStreetMap routing.
Cost of ownership
What will a Lake Elmo home cost you each month?
Enter the numbers for a specific home. The price starts at Lake Elmo's Census median home value; the interest rate, property tax and insurance are yours to fill in from a lender quote, the county's tax statement and an insurance quote. This is an illustration, not a loan estimate.
Selling in Lake Elmo
What's required to sell a home in Lake Elmo?
We haven't confirmed a city pre-sale inspection for Lake Elmo; check with the city before you list. Every Minnesota sale still includes the state disclosures: property condition, wells, septic systems, radon, lead paint for older homes and more.
Selling in Minnesota: every city's rules and the state disclosures · Estimate your net proceeds
Is Lake Elmo right for you?
Who should buy a home in Lake Elmo?
- Compare homes, not averages. Choose the space, layout and condition you need, and confirm it with an inspection.
- Try the drive. Test your commute at the times you'd actually travel.
- Check the schools for the address. Stillwater Area Public School District covers most of the city, but not all of it.
- Budget the whole payment. Include taxes, insurance, association dues and upkeep.
Planning a move
What should I verify before moving to Lake Elmo?
- The property's current tax statement and homestead status from Washington County.
- Lender, insurance and utility quotes for the exact address, plus any association documents and special assessments.
- The seller's disclosures, including Minnesota's required radon and well disclosures.
- Whether the city requires a point-of-sale inspection or certificate (Minneapolis and Saint Paul, for example, require Truth-in-Sale-of-Housing reports).
- The school assignment for your enrollment year, confirmed with the district.
Living in Minneapolis on YouTube
Watch: Lake Elmo on video
Jason's videos about Lake Elmo: neighborhoods, homes and what living here is really like.
This weekend's open houses
Can you tour Lake Elmo homes this weekend?
Found a Lake Elmo home you like? We'll set up a private showing, usually within a day or two, or tell you when it has an open house.
Lake Elmo FAQ
What do Lake Elmo buyers most often ask?
What is the median home value in Lake Elmo?
The Census Bureau's 2020–2024 American Community Survey puts the median value of owner-occupied homes in Lake Elmo at $597,000, 41% higher than the Washington County median (Washington County: $422,000). These are owner estimates; for current asking prices, see the Lake Elmo homes for sale in our home search.
How many people live in Lake Elmo, MN?
About 14,161 people, according to the Census Bureau's 2024 estimate. The city grew by 24.9% between 2020 and 2024.
Which school district serves Lake Elmo?
Stillwater Area Public School District (about 78% of the city), North St. Paul-Maplewood-Oakdale School District (about 19% of the city) and Mahtomedi Public School District (about 4% of the city). School assignment depends on the exact address, so confirm it with the district before you buy.
How far is Lake Elmo from downtown Minneapolis?
About 35 minutes by car in light traffic, and about 24 minutes to downtown Saint Paul. Residents' average one-way commute is 22.8 minutes (Census ACS).
Is Lake Elmo a good place to live?
It depends on what you need. Lake Elmo has a median household income of $153,669, 93.5% homeownership and a 22.8-minute average commute. Visit at the times you'd normally drive, check the school assignment for the address, and compare total ownership costs before you decide.
What does it cost to rent in Lake Elmo?
The median gross rent (rent plus utilities) is $2,407 a month, compared with $1,710 in Washington County (Census ACS 2020–2024).
What ZIP codes are in Lake Elmo?
55042 covers most of the city. ZIP code areas and city limits don't match exactly, so check the city on the property record.
What lakes are in Lake Elmo?
The largest named lakes inside the city are Lake Elmo (about 270 acres), Lake de Montreville (about 154 acres), Lake Jane (about 147 acres) and Eagle Point Lake (about 132 acres), based on Census water maps.
How long does it take to close on a home in Lake Elmo?
Most financed purchases close about 30 to 45 days after an accepted offer, and cash purchases can close sooner. Your lender, the appraisal and the title company set the actual timeline.
Does Lake Elmo require an inspection to sell a home?
We haven't confirmed a city inspection requirement for Lake Elmo. Every Minnesota seller still owes the state disclosures (property condition, wells, septic, radon and more), and some counties require a septic inspection. Check with the city before you list.
Why Huerkamp Home Group
Why work with Huerkamp Home Group?
2002Founded by Jason & Brooke Huerkamp
39Agents and staff
5.0Stars from 841 Google reviews
15+Years as a Ramsey ELP
Ready to make a move?
Want to talk to a Lake Elmo real estate expert?
Tell us your area, budget, timing and must-haves. We'll share current listings and recent sales, and explain how we'd represent you before you decide anything.
Jason HuerkampFounder, Huerkamp Home GroupMN license 20329835(612) 843-962014300 Nicollet Ct, Ste 208, Burnsville, MN 55306
Explore nearby communities
Which communities are close to Lake Elmo?
Drive times from Lake Elmo in light traffic, with each community's Census median home value.
8 minOakdaleMedian home value $318KView Oakdale →13 minPine SpringsMedian home value $627KView Pine Springs →14 minLandfallMedian home value $19KView Landfall →14 minNorth St. PaulMedian home value $299KView North St. Paul →