Median home value: $607K (+1.7% YoY). Part of Minneapolis-St. Paul-Bloomington, MN-WI.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Minneapolis-St. Paul-Bloomington, MN-WI metro page.
Home Value$606,878
+1.7%
AFFORDABILITY6.00% 30yr, 20% down, county tax + MN ins. 28% per HUD.
Enter your income for Lake Elmo.
$121,376 on $606,878
Out of reach — 58% of income
Need $155,443/yr to afford.
PITI$3,627
P/I58%
Afford$293K
Gap-$314K
P&I $2,911Tax $566Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing