Homes for sale · updated November 3, 2026
Homes for sale in Lake Elmo, MN under $1 million
54 homes are for sale in Lake Elmo, MN (under $1 million) as of November 3, 2026, from $99,900 to $950,000, with a median list price of $564,467.
- For sale now
- 54
- Median list price
- $564,467
- Price range
- $99,900–$950,000
- Median per sq ft
- $228
- Median sold (12 mo.)
- $665,000
The homes
$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
$749,9009051 Jane Road N, Lake Elmo, MN 55042MLS #7155632Listing courtesy of Epique Realty
Open Thu, Nov 5 · 10–11:30 PM$500,0003081 Laverne Court N, Lake Elmo, MN 55042MLS #7159941Listing courtesy of Carriage Realty, Inc.
Open Tue, Nov 3 · 3 PM–1 AM$337,0009873 5th Street Lane N, Lake Elmo, MN 55042MLS #7160932Listing courtesy of Opendoor Brokerage, LLC
$770,00011339 Wildflower Drive N, Lake Elmo, MN 55042MLS #7159870Listing courtesy of Keller Williams Premier Realty
$650,00010950 38th Court N, Lake Elmo, MN 55042MLS #7136486Listing courtesy of Edina Realty, Inc.
$540,0008773 Irving Boulevard N, Lake Elmo, MN 55042MLS #7157151Listing courtesy of Keller Williams Select Realty
$495,25010948 Lower 37th St Court N, Lake Elmo, MN 55042MLS #7158262Listing courtesy of Robert Thomas Homes, Inc.
$625,0009029 Jade Circle N, Lake Elmo, MN 55042MLS #7158143Listing courtesy of Edina Realty, Inc.
$475,0008989 Lake Jane Trail N, Lake Elmo, MN 55042MLS #7144567Listing courtesy of Keller Williams Premier Realty
$579,9008890 Irving Boulevard N, Lake Elmo, MN 55042MLS #7151900Listing courtesy of The Home Connection, LLC
$935,000975 Jewel Avenue N, Lake Elmo, MN 55042MLS #7153987Listing courtesy of eXp Realty
$504,94510930 37th Street N, Lake Elmo, MN 55042MLS #7151221Listing courtesy of Robert Thomas Homes, Inc.
$395,0009516 4th Street N, Lake Elmo, MN 55042MLS #7148362Listing courtesy of Keller Williams Premier Realty
$649,9008620 Irving Circle N, Lake Elmo, MN 55042MLS #7102729Listing courtesy of RE/MAX Results
$99,900327 Cimarron, Lake Elmo, MN 55042MLS #7143109Listing courtesy of Pemberton RE
$889,9003770 Knightsbridge Lane N, Lake Elmo, MN 55042MLS #7138124Listing courtesy of New Home Star
$650,0009557 James Circle N, Lake Elmo, MN 55042MLS #7146794Listing courtesy of Keller Williams Premier Realty
$925,00011449 Wildflower Drive N, Lake Elmo, MN 55042MLS #7145892Listing courtesy of POP Realty MN
$437,79510926 37th Street N, Lake Elmo, MN 55042MLS #7145753Listing courtesy of Robert Thomas Homes, Inc.
$525,0005431 Hilltop Avenue N, Lake Elmo, MN 55042MLS #7139319Listing courtesy of Keller Williams Select Realty
$400,0009653 4th Street Lane N, Lake Elmo, MN 55042MLS #7144590Listing courtesy of RE/MAX Results
$439,1258780 Island Trail Echo N #D, Lake Elmo, MN 55001MLS #7143517Listing courtesy of M/I Homes
$438,2058780 Island Trail Echo N #A, Lake Elmo, MN 55001MLS #7143492Listing courtesy of M/I Homes
$404,3618760 Island Trail Echo N #B, Lake Elmo, MN 55001MLS #7143526Listing courtesy of M/I Homes
$396,1358780 Island Trail Echo N #B, Lake Elmo, MN 55001MLS #7143509Listing courtesy of M/I Homes
$393,3108760 Island Trail Echo N #D, Lake Elmo, MN 55001MLS #7143524Listing courtesy of M/I Homes
$950,0003613 Knightsbridge Trail N, Lake Elmo, MN 55042MLS #7143061Listing courtesy of Edina Realty, Inc.
$745,0003299 Linden Avenue Court N, Lake Elmo, MN 55042MLS #7127334Listing courtesy of Coldwell Banker Realty
$594,9503476 Knightsbridge Trail N, Lake Elmo, MN 55042MLS #7142822Listing courtesy of Robert Thomas Homes, Inc.
$534,37010941 37th Street N, Lake Elmo, MN 55042MLS #7142823Listing courtesy of Robert Thomas Homes, Inc.
$447,2828760 Island Trail Echo N #A, Lake Elmo, MN 55001MLS #7140762Listing courtesy of M/I Homes
$442,9358760 Island Trail Echo N #E, Lake Elmo, MN 55001MLS #7141721Listing courtesy of M/I Homes
$398,4348780 Island Trail Echo N #C, Lake Elmo, MN 55001MLS #7141726Listing courtesy of M/I Homes
$394,9908760 Island Trail Echo N #C, Lake Elmo, MN 55001MLS #7141757Listing courtesy of M/I Homes
$650,0005294 Marquess Trail N, Lake Elmo, MN 55042MLS #7137280Listing courtesy of eXp Realty
$399,9009729 4th Street N, Lake Elmo, MN 55042MLS #7126299Listing courtesy of eXp Realty
$619,90011404 Kings Court N, Lake Elmo, MN 55042MLS #7133893Listing courtesy of eXp Realty
$659,9002415 Lisbon Avenue N, Lake Elmo, MN 55042MLS #7131829Listing courtesy of Keller Williams Premier Realty
$869,0004146 N Lady Slipper Road, Lake Elmo, MN 55042MLS #7125390Listing courtesy of RE/MAX Professionals
$624,9005080 Jamaca Avenue N, Lake Elmo, MN 55042MLS #7123428Listing courtesy of RE/MAX Results
$563,93310945 37th Street N, Lake Elmo, MN 55042MLS #7124238Listing courtesy of Robert Thomas Homes, Inc.
$549,9003488 Knightsbridge Trail N, Lake Elmo, MN 55042MLS #7124231Listing courtesy of Robert Thomas Homes, Inc.
$565,00011756 Upper 31st Street N, Lake Elmo, MN 55042MLS #7118650Listing courtesy of Leader Real Estate Group, Inc.
$399,0008914 37th Street N, Lake Elmo, MN 55042MLS #7117092Listing courtesy of RES Realty
$239,000XXX 33rd Street N, Lake Elmo, MN 55042MLS #7100191Listing courtesy of Savvy Avenue, LLC
$749,0009684 7th Street N, Lake Elmo, MN 55042MLS #7093799Listing courtesy of Real Broker LLC
$459,900212 Junco Road N, Lake Elmo, MN 55042MLS #7071268Listing courtesy of Savvy Avenue, LLC
$649,5503480 Knightsbridge Trail N, Lake Elmo, MN 55042MLS #7029261Listing courtesy of Robert Thomas Homes, Inc.
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 8:18 PM (Central). Use of listing data is subject to the license agreement. Open House information is subject to change without warning.
Local knowledge
Before you buy in Lake Elmo
Lakes in Lake Elmo
Quick answers
Homes for sale in Lake Elmo under $1 million: questions
How many homes are for sale in Lake Elmo, MN (under $1 million)?
54 homes are for sale in Lake Elmo, MN (under $1 million) as of November 3, 2026, from $99,900 to $950,000, with a median list price of $564,467. Listings update twice a day from NorthstarMLS.
What is the median list price for under $1 million in Lake Elmo, MN?
$564,467 across 54 active listings as of November 3, 2026, about $228 per finished square foot.
What is the least expensive home for sale in Lake Elmo, MN?
327 Cimarron, Lake Elmo, listed at $99,900 with 3 bedrooms (Pemberton RE), as of November 3, 2026.
What are homes actually selling for in Lake Elmo, MN?
The median sale price was $665,000 over the 12 months through September 2026 (+2.9% from a year earlier), with 251 homes sold and 52 days on market on average, according to the Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data).
How do I get new Lake Elmo, MN listings first?
Use the form on this page and a Huerkamp Home Group agent will set up alerts so you see new listings as soon as they hit the market. There's no cost to buyers.
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