Real Estate Price Maphome prices by county

55042 — Lake Elmo, MN home prices

Data as of · by the Real Estate Price Map data team · methodology & sources

ZIP 55042 is flat, a premium-priced area.

Momentum-0.0%Flat
Vs typical+108%Premium
Rental yield3.7%Low yield

Real Estate Price Map scores, derived from the data on this page · how we calculate them

2000: $281,335 → today: $630,337 (2.2×)

Typical home value
$630,337
Zillow ZHVI
Since 2000
+124%
Rank in MN
#9
of 718 ZIPs
Median rent
$1,958/mo
3.7% gross yield

Market read

At $630,337, ZIP 55042 in Lake Elmo is 108% above the typical MN ZIP ($302,648), ranking #9 of 718.

It sits in Washington County — see full county data →.

Home value history

Zillow ZHVI, yearly.

Frequently asked questions

What is the average home value in ZIP code 55042?
The typical home in ZIP 55042 (Lake Elmo, MN) is worth $630,337 — 108% above the typical MN ZIP ($302,648).
How have home prices in 55042 changed since 2000?
Home values in ZIP 55042 are +124% versus 2000.
What is the rental yield in ZIP 55042?
Median rent is $1,958/mo, about a 3.7% gross yield.
What county is ZIP 55042 in?
ZIP 55042 is in Washington County.
ZIP 55042 home value by year
YearZIP 55042 home value
2000$281,335
2001$319,379
2002$344,714
2003$381,619
2004$409,799
2005$430,966
2006$431,494
2007$425,718
2008$381,190
2009$356,783
2010$357,428
2011$338,456
2012$353,419
2013$382,720
2014$393,045
2015$411,731
2016$421,448
2017$437,395
2018$454,608
2019$470,675
2020$499,408
2021$569,427
2022$607,995
2023$610,485
2024$617,866
2025$630,467
2026$630,337