Lake Elmo city: Median Home Value Trend
How Lake Elmo 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
$394,500
2023
$588,900
Total change
+$194,400
% change
+49.3%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $394,500 | — |
| 2019 | $426,600 | +$32,100 (8.1%) |
| 2020 | $433,500 | +$6,900 (1.6%) |
| 2021 | $475,400 | +$41,900 (9.7%) |
| 2022 | $546,700 | +$71,300 (15%) |
| 2023 | $588,900 | +$42,200 (7.7%) |