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

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Highlights
- The median age of a home in Elko New Market is 170.6% younger than the median age of a home in Owatonna.
 Elko New Market, MNOwatonna, MNUnited States
 Median Home Age17  Unlock42
 Median Home Cost  Unlock$243,700$338,100
 Home Appr. Last 12 months12.2%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock47.9%57.0%
 Home Appr. Last 10 yrs.94.0%  Unlock101.1%
 Property Tax Rate  Unlock$14.1$11.0
 Homes Owned83.6%  Unlock57.4%
 Housing Vacant  Unlock3.4%11.2%
 Homes Rented7.6%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Elko New Market, MNOwatonna, MNUnited States
 Average Rent  Unlock$1,300$1,840
 Studio Apartment$1,150  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$720$1,180
 2 Bedroom Home or Apartment$1,610  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,320$1,860
 4 Bedroom Home or Apartment$2,520  Unlock$2,160
 space1
 Vacant Housing
 Elko New Market, MNOwatonna, MNUnited States
 Vacant For Rent  Unlock1.3%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.0%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock0.7%3.6%
 Vacant Other3.4%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Elko New Market, MNOwatonna, MNUnited States
 Less Than $20,000  Unlock1.9%2.6%
 $20,000 to $39,9990.8%  Unlock2.4%
 $40,000 to $59,999  Unlock1.1%2.8%
 $60,000 to $79,9990.0%  Unlock3.9%
 $80,000 to $99,999  Unlock2.3%4.5%
 $100,000 to $149,9991.3%  Unlock11.3%
 $150,000 to $199,999  Unlock25.0%13.0%
 $200,000 to $299,99921.0%  Unlock20.1%
 $300,000 to $399,999  Unlock8.9%13.6%
 $400,000 to $499,99914.3%  Unlock8.3%
 $500,000 to $749,999  Unlock0.9%9.7%
 $750,000 to $999,9990.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.2%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.0%1.1%
 space3
 Housing Units By Year Built
 Elko New Market, MNOwatonna, MNUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock14.4%13.6%
 2000 to 200971.1%  Unlock13.6%
 1990 to 1999  Unlock13.0%13.6%
 1980 to 19892.1%  Unlock13.2%
 1970 to 1979  Unlock18.3%14.8%
 1960 to 19693.5%  Unlock13.6%
 1950 to 1959  Unlock10.5%10.0%
 1940 to 19491.1%  Unlock4.7%
 1939 or Earlier  Unlock17.7%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 Owatonna    1 Reviews
Katie · Owatonna, MN
SMALL TOWN WITH (OR WITHIN AN HOUR TO) EVERYTHING
Over 19 years ago

OWATONNA, WITH A POPULATION OF LESS THAN 30,000, SITS RIGHT ON US INTERSTATE 35... ONLY 45 MINUTES TO MAYO CLINIC, 45 MINUTES TO MSP/ST PAUL INTERNATIONAL AIRPORT!   More

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Learn More About Elko New Market, Minnesota
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