Elk River Home For Sale

The Elk River real estate market is located in Minnesota’s Sherburne County which is just about 30 minutes northwest of the Twin Cities metropolitan area. The Elk River community offers a small town atmosphere for those buyers who are looking for a simpler way of life when they come home from work each night. There are about 20,000 residents in the Elk River community and many of them commute to Minneapolis or St. Paul by using US Route 169 and 10. I use Minnesota State Highway 101 for my commute but there are several ways to go to get to work on time.

There are eight schools in the Elk River area. The two high schools – Spectrum High School and Elk River High School – are for the older students. For younger students like my kids, there are four elementary schools and two middle schools available in the area. We would rate the teachers very highly simply based on the success that my kids have enjoyed since they were enrolled in the Elk River elementary schools.

Elk River Real Estate Info: Prices of Homes in Elk River MN

Elk River neighborhoods are plentiful and varied. The Ridges of Rice Lake is one of the more prominent Elk River neighborhoods because it is surrounded by trees and other natural features. It is also just a short walk away from several schools, including VanderBerge Middle School and Meadowvale Elementary School. Other Elk River MN neighborhoods include North Meadows, Meadowoods Village, Woodland Hills, The Woods at Hillside and several others. Rolling Hills is another great Elk River neighborhood with easy access to Bear Lake and Burns Lake.

The Elk River real estate market offers a number of homes for a variety of budgets. You can find dozens of homes on the Elk River real estate market priced below $100,000 for buyers on a strict home buyer budget. The majority of the homes that are available in the city are in the range between $100,000 and $250,000, which are moderate prices based on homes in the surrounding areas. There is also a good number of homes in the $250,000 range and beyond for modern features and larger areas of land.

Elk River Real Estate News: December Elk River Home Sales

The 26 closed sales in December were higher year over year in Elk River as a percentage it was up 4%. Elk River average house sales price dropped -6% yr/yr in December we are still concerned, call today to talk to with our Elk River Real Estate Group. In the current real estate market in Elk River homeowners are receiving, 95.4% from the original list pric, which is down from 89% a year ago. Elk River is now at 4.3 months of inventory for sale in December that was lower vs last month, call someone who can get your house sold. We at Elk-River-Real-Estate.Com was talking about new listings for the month of December 2011, they were down -5 homes to a total of 30. December, 2011 the average number of days a home was for sale in Elk River was down to 86 days it was down -33days on average in the past 12 months. December, 2011 the $123,000 avg median sales prices in Elk River was lower m/m down -3.9%. 137 days of inventory for sale in December was down year over year in Elk River it was down an absolute -86 days.