Housing market · ZIP 55042

Lake Elmo, MN Home Prices & Forecast

Median value and 12-month outlook · as of April 2026

Median home value

$628,535

3-month-0.1%

6-month+0.5%

12-month+1.5%

Touse 12-month forecast

+1.2%

Projected median near $636,116 over the next 12 months

As of April 2026, the median home value in Lake Elmo, MN (ZIP 55042) is $628,535. Prices are stable, up 1.5% over the past year. Touse's model projects a +1.2% change over the next 12 months, putting the median near $636,116.

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Nearby areas in Washington

Afton 55001 Bayport 55003 Cottage Grove 55016 Forest Lake 55025 Hugo 55038 Lakeland 55043 Marine On Saint Croix 55047 Newport 55055

Estimates are derived from Zillow Research price history and Touse's forecasting model (LightGBM + Prophet). Forecasts are 12-month projections with inherent uncertainty, not guarantees, and are not financial advice. Confirm with a licensed professional before any decision.