Median home value in zip code 55054 (Elko New Market, MN) is $426,691, up 0.3% year over year. Part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area.

Home Value$426,691

YoY Change

+0.3%

Prices rising — worse for buyers.

Affordability

Enter your income for 55054 (Elko New Market).

Income (annual)

Down Payment

$85,338 on $426,691

Example: $75,000 household income. Change it above to see your own.

Out of reach43.6% of income

Need $116,871/yr to afford.

PITI$2,727

P/I43.6%

Afford$274K

Gap-$153K

P&I $2,158Tax $420Ins $150

6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

55054 is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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