Elk River city: Median Home Value Trend
How Elk River city's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$229,000
2023
$338,300
Total change
+$109,300
% change
+47.7%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $229,000 | — |
| 2019 | $241,400 | +$12,400 (5.4%) |
| 2020 | $243,500 | +$2,100 (0.9%) |
| 2021 | $260,400 | +$16,900 (6.9%) |
| 2022 | $305,700 | +$45,300 (17.4%) |
| 2023 | $338,300 | +$32,600 (10.7%) |