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2025 Compare Cities Housing:
Elko New Market, MN vs Minnetonka, MN

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Highlights
- The median age of a home in Elko New Market is 141.2% younger than the median age of a home in Minnetonka.
 Elko New Market, MNMinnetonka, MNUnited States
 Median Home Age17  Unlock42
 Median Home Cost  Unlock$412,600$338,100
 Home Appr. Last 12 months12.2%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock45.3%57.0%
 Home Appr. Last 10 yrs.94.0%  Unlock101.1%
 Property Tax Rate  Unlock$11.8$11.0
 Homes Owned83.6%  Unlock57.4%
 Housing Vacant  Unlock4.9%11.2%
 Homes Rented7.6%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Elko New Market, MNMinnetonka, MNUnited States
 Average Rent  Unlock$2,330$1,840
 Studio Apartment$1,150  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,410$1,180
 2 Bedroom Home or Apartment$1,610  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,360$1,860
 4 Bedroom Home or Apartment$2,520  Unlock$2,160
 space1
 Vacant Housing
 Elko New Market, MNMinnetonka, MNUnited States
 Vacant For Rent  Unlock1.9%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.5%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock1.1%3.6%
 Vacant Other3.4%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Elko New Market, MNMinnetonka, MNUnited States
 Less Than $20,000  Unlock0.3%2.6%
 $20,000 to $39,9990.8%  Unlock2.4%
 $40,000 to $59,999  Unlock0.2%2.8%
 $60,000 to $79,9990.0%  Unlock3.9%
 $80,000 to $99,999  Unlock1.0%4.5%
 $100,000 to $149,9991.3%  Unlock11.3%
 $150,000 to $199,999  Unlock6.7%13.0%
 $200,000 to $299,99921.0%  Unlock20.1%
 $300,000 to $399,999  Unlock29.0%13.6%
 $400,000 to $499,99914.3%  Unlock8.3%
 $500,000 to $749,999  Unlock16.4%9.7%
 $750,000 to $999,9990.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock2.2%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.8%1.1%
 space3
 Housing Units By Year Built
 Elko New Market, MNMinnetonka, MNUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock5.7%13.6%
 2000 to 200971.1%  Unlock13.6%
 1990 to 1999  Unlock13.3%13.6%
 1980 to 19892.1%  Unlock13.2%
 1970 to 1979  Unlock14.5%14.8%
 1960 to 19693.5%  Unlock13.6%
 1950 to 1959  Unlock17.4%10.0%
 1940 to 19491.1%  Unlock4.7%
 1939 or Earlier  Unlock3.5%12.2%
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Reviews for Elko New Market    1 Reviews
Brooke · New Market, MN
RE: Elko New Market
Over 10 years ago

Our city of Elko New Market is located just 10 minutes south of Lakeville and 30 minutes south of Minneapolis and St. Paul. We are a growing community with lots of  More

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Reviews for Minnetonka    4 Reviews
Ward · Minnetonka, MN
City - Country living
Over 14 years ago

Moving from Southern California to Minnetonka, MN the thing we noticed most was the country living envirnoment even though you are living within the city. There are no  More

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Edith · Stockton, CA
Cost of living
Over 16 years ago

Minnetonka, MN was a quiet and nice place to raise a  More

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April · Hopkins, MN
Great Lake
Over 19 years ago

You can't beat Lake Minnetonka in the  More

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Learn More About Elko New Market, Minnesota
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Learn More About Minnetonka, Minnesota
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